CA > Los Angeles
Los Angeles, CA 90031,1927 Griffin Avenue
Los Angeles, CA 90031,1927 Griffin Avenue
Los Angeles, CA 90031,1927 Griffin Avenue
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Listed by Justin McCardle • Growth Investment Group Pasade
$2,525,000
Est. payment /mo
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6,764 SqFt
Active

1927 Griffin Avenue Los Angeles, CA 90031

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Kenneth Er

Kenneth Er

Compass

+1(510) 828-8572

UPDATED:

02/05/2025 09:17 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,764 sqft

Price per Sqft $373

MLS Listing ID CRAR25026296

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1946

Lot Size 9,902 Sqft

Property Sub-Type Other

Property Description

Take a look at this! 15-unit VALUE-ADD apartment building centrally located in the Lincoln Heights neighborhood of Los Angeles. The Griffin apartments have a nice unit mix with 8-1 bedrooms units, and 7 studios situated in 3 separate buildings with an estimated 66% upside in rent. The rear building is located above garages which presents the opportunity to earn additional garage income or create significant value with ADU’s (buyer to verify). The properties attractive layout and size create for an ease of management as well as no on-site manager. All units are individually metered for Gas/ Electricity and the property has onsite laundry. With Lincoln Heights’ proximity to DTLA, it allows for tremendous upside in rents and appreciation. This building has an attractive price per unit, and substantial upside, will be a great addition to any portfolio!

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Other

Building

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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