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2221 Griffin AveLos Angeles, CA 90031

For Sale

$1,475,000

Smart Buyer Rebate $14,750

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.

Listed by Jonathan Hasbun

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License #02254602

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Pivot Commercial Group

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626-808-1031

Last updated April 27, 2026

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Source: CRMLS #SR26091068

Listing Facts

  • TypeMulti-family
  • NeighborhoodLincoln Heights
  • Days on Prevu4

Amenities

  • Washer/Dryer
  • Parking

Location

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Listing History

04/27/2026
Listed by Pivot Commercial Group
$1,475,000

Property Details for 2221 Griffin Ave

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • Number Of Units Total: 6
  • Stories Total: 2
  • Year Built: 1947
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Front

Measurements

  • Building Area Total: 4,644
  • Building Area Units: Square Feet
  • Lot Features: 6-10 Units/Acre, Front Yard, Yard
  • Lot Size Acres: 0.18
  • Lot Size Area: 8,016
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,016
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.85
  • Operating Expense: $47,535.00

Taxes

  • Parcel Number: 5204019017

Interior

Features

  • Appliances: Dryer, Washer

Other

Location

  • Tax Block: 17
  • Tax Lot: 13

Parking

Parking

  • Open Parking Spaces: 8
  • Parking Total: 8

Utilities

Equipment

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 2221 Griffin Ave.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 2221 Griffin Ave.

How does 2221 Griffin Ave compare to other multi-family homes in Lincoln Heights?

This multi-family home is listed 21% below the average price for multi-family homes in Lincoln Heights and has been on the market for 88 less days than the typical home in this area.

2221 Griffin Ave is a -bedroom multi-family home for sale in Los Angeles CA 90031. Listed on Prevu for 4 days at $1,475,000. This home is located in Lincoln Heights. The median listing price for multi-family homes in this area is $884,444. Property amenities include parking and washer/dryer. 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.