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1927 Griffin Avenue, Los Angeles, CA 90031
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$2,250,000
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Home Details for 1927 Griffin Avenue 34
Price
$2,250,000
Type
Condo/Townhome
Year Build
1946
Lot Size
0.2273
County
Los Angeles
Garage
8
MLS®️ Listing#
AR25026296
On exitrealty.com
267 days
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!
- Water Features
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- Parking
- Garage
Listing Courtesy: Growth Investment Group Pasade - 310-606-0192. Presented by: Justin McCardle
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-23 12:00:39 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$2,250,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.