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1927 Griffin Avenue, Los Angeles CA 90031
1927 Griffin Avenue, Los Angeles CA 90031
1927 Griffin Avenue, Los Angeles CA 90031
1927 Griffin Avenue, Los Angeles CA 90031
1927 Griffin Avenue, Los Angeles CA 90031
1927 Griffin Avenue, Los Angeles CA 90031
1927 Griffin Avenue, Los Angeles CA 90031
1927 Griffin Avenue, Los Angeles CA 90031
California>Los Angeles>Lincoln Heights

1927 Griffin AvenueLos Angeles, CA 90031

For Sale

$2,250,000

Smart Buyer Rebate $22,500

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!

Listed by Justin McCardle

·

License #01895720

·

Growth Investment Group Pasade

·

310-606-0192

Last updated October 31, 2025

·

Source: CRMLS #AR25026296

Listing Facts

  • TypeMulti-family
  • NeighborhoodLincoln Heights
  • Days on Prevu310

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/26/2025
Status changed to Active
$2,250,000
10/24/2025
Status changed to Removed from Feed
$2,250,000
10/23/2025
Status changed to Active
$2,250,000
10/22/2025
Status changed to Removed from Feed
$2,250,000
10/17/2025
Status changed to In Contract
$2,250,000
10/16/2025
Status changed to Removed from Feed
$2,250,000
10/11/2025
Status changed to In Contract
$2,250,000
09/26/2025
Status changed to Active
$2,250,000
09/26/2025
Price Decreased
$2,250,000
09/25/2025
Status changed to Removed from Feed
$2,329,000
09/20/2025
Status changed to Active
$2,329,000
09/19/2025
Status changed to Removed from Feed
$2,329,000
09/18/2025
Status changed to Active
$2,329,000
09/16/2025
Status changed to Removed from Feed
$2,329,000
09/16/2025
Status changed to Active
$2,329,000
09/14/2025
Status changed to Removed from Feed
$2,329,000
09/13/2025
Status changed to Active
$2,329,000
09/12/2025
Status changed to Removed from Feed
$2,329,000
09/12/2025
Status changed to Active
$2,329,000
09/05/2025
Status changed to Removed from Feed
$2,329,000
09/04/2025
Status changed to Active
$2,329,000
09/03/2025
Status changed to Removed from Feed
$2,329,000
08/31/2025
Status changed to Active
$2,329,000
08/28/2025
Status changed to Removed from Feed
$2,329,000
06/28/2025
Status changed to Active
$2,329,000
06/27/2025
Status changed to Removed from Feed
$2,329,000
05/08/2025
Price Decreased
$2,329,000
04/15/2025
Status changed to Active
$2,525,000
04/14/2025
Status changed to Removed from Feed
$2,525,000
02/04/2025
Listed by Growth Investment Group Pasade
$2,525,000

Property Details for 1927 Griffin Avenue

Association

Amenities

  • Community Features: Sidewalks, Urban

Exterior

Construction

  • Number Of Units Total: 15
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1946
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Street

Measurements

  • Building Area Total: 6,764
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.22
  • Lot Size Area: 9,902
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9,902
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.46
  • Gross Income: $199,737.00
  • Operating Expense: $93,431.00

Taxes

  • Parcel Number: 5210012012

Other

Location

  • Tax Block: 14
  • Tax Lot: 9

Parking

Parking

  • Garage Spaces: 8
  • Garage: Yes
  • Parking Features: Garage
  • Parking Total: 8

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1927 Griffin Avenue.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 1927 Griffin Avenue.

How does 1927 Griffin Avenue compare to other multi-family homes in Lincoln Heights?

This multi-family home is listed 20% above the average price for multi-family homes in Lincoln Heights and has been on the market for 218 more days than the typical home in this area.

1927 Griffin Avenue is a -bedroom multi-family home for sale in Los Angeles CA 90031. On Prevu for 310 days at $2,250,000. This includes a recent price decrease of $79,000. This residence is located in Lincoln Heights. The median listing price for multi-family homes in this area is $884,444. Property amenities include parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.