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$2,100,000
AR26172939 MLS ⋅ Active Status
Take a look at this this unique opportunity positioned in the heart of Lincoln Heights. One of Los Angeles' fastest-evolving urban neighborhoods, this 15-unit apartment community presents investors with an exceptional opportunity to acquire a well-located multifamily asset in a high-demand rental corridor. Situated just minutes from Downtown Los Angeles, the property benefits from strong tenant demand driven by its proximity to major employment centers, transportation hubs, educational institutions, and ongoing neighborhood revitalization. This building offers investors the opportunity to capitalize in a submarket experiencing increasing investment activity and redevelopment. The Griffin apartments have a nice unit mix with 8-1 bedrooms units, and 7 studios situated in 3 separate buildings with an estimated 48% upside in rent. The rear building is located above garages which presents the opportunity to earn additional garage income or take advantage of the plans to build 3- ADU’s the existing ownership has! 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! Whether operated as a stable income-producing asset or repositioned through strategic unit upgrades, the property presents significant potential for revenue enhancement and long-term appreciation. Lincoln Heights continues to attract residents seeking affordable alternatives to Downtown, Echo Park, and Highland Park while remaining connected to the region's economic core. The property's central location provides convenient access to the I-5, I-10, 101, and 110 freeways, as well as Metro transit services, creating a compelling advantage for commuters and working professionals.

1927 Griffin Avenue, Los Angeles
$999,000
DW26134891 MLS ⋅ Active Status
Excellent TRIPLEX, investment opportunity in the highly transited city of Los Angeles. Located between all major freeways (I10, I5) and only a mile from the prestigious Medical School USC. The front unit 2247 is a spacious 3bed/1 bath home with an additional large studio (permits of studio are not verified). The back building includes a lower-level 2245 1/2, 2 Bed/1 bath, and top level 2245 has 3 Bed/1 Bath. All units have spacious parking and an additional alleyway entrance. All units are occupied by long term tenants.

2245 N Griffin, Los Angeles
$1,475,000
SR26091068 MLS ⋅ Active Under Contract Status
This excellent multifamily property is centrally located in Lincoln Heights. Featuring two separate buildings, this 6-unit property has 4,644 square feet of rentable area situated on a large 8,014 square foot lot. Built in 1947, the property has a versatile mix of 1, 2, and 3-bedroom units, which are individually metered with on-site parking available for each tenant. Recent updates to two units include new plumbing, electrical, AC, and washer/dryer hookups. This is an investor friendly property with stabilized income that can also support potential owner occupancy as the 3-bedroom unit is available. The rear building abuts an alleyway which provides a separate, rear lot used for extra parking, storage, and access for the tenants. Residents enjoy being minutes away from major local destinations, providing convenient access to Chinatown, DTLA, and Dodger Stadium. Nearby eateries are walking distance from 2221 Griffin with local favorites such as Moo's Craft Barbecue, La Monarca Bakery and Cafe, and King Taco located on Broadway. Direct access to the 5, 110, and 2 Freeways with nearby bus transit efficiently connects this neighborhood to all of LA. LARD3-1-HPOZ zoning, located within a Historical Preservation and Opportunity Zone.

2221 Griffin Ave, Los Angeles
$1,980,000
AR26090932 MLS ⋅ Active Status
Multifamily Investment Opportunity. The West Avenue 26 apartments: a nine (9) unit multifamily investment opportunity located in Lincoln Heights. The building is built in 1962 with 5,597 SF of living area and (9) on site parking spaces. The property features (5) one bedroom one bathroom and (4) two bedroom, 1 bathroom. Tenants enjoy the ease and comfort of being walking Distance to Nearby Parks, Schools, Shops and Restaurants off Pasadena Ave and N Broadway. The Property neighbors Boyle Heights and Highland Park, and allows easy access to Downtown Los Angeles, Dodger Stadium and USC. The property is also near the 5, 110, 101 and 10 Freeways. Upside potential in rents. "Soft Story Retrofitting" has been completed.

144 W Avenue 26, Los Angeles
$1,628,000
OC26080663 MLS ⋅ Active Status
Rare value-add opportunity in Lincoln Heights featuring a 5-unit property with significant vacancy, allowing a new owner to establish market rents from day one and implement a tailored lease-up strategy. Current income reflects existing vacancy, offering a clear path to repositioning and increased returns over time. Property consists of a desirable unit mix including multiple 2-bedroom units and one 3-bedroom unit, appealing to a broad tenant base. Vacancy provides operational flexibility, with no widespread tenant displacement required; one unit may require relocation depending on the buyer’s plan. All units are separately metered for gas and electricity, with a single water meter for the property, supporting efficient management and expense control. Market rent potential supports meaningful upside upon stabilization, making this an ideal opportunity for investors seeking a value-add, lease-up play with long-term income growth.

2232 Workman, Los Angeles
$3,880,000
WS26018859 MLS ⋅ Active Status
Don’t miss this rare opportunity to acquire a stable income-producing property with significant upside. This 24-unit apartment building is located in the prime Lincoln Heights area and consists entirely of one-bedroom, one-bath units in a classic courtyard-style layout. The elevator-served building is easily convertible to senior living use and is situated in a high-demand rental market with a very low vacancy rate. Major capital improvements have already been completed, including a full seismic retrofit and a recently replaced roof. The property offers a low cost per unit and is first time on market in over 20 years. Existing assumable loan with an attractive 3% interest rate. Approximately 40% rent upside while maintaining in-place stable income, this is an exceptional value-add investment opportunity.

2614 Griffin Avenue, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.