$3,880,000

Multi Family In Los Angeles

  • 1 Beds
  • 1 Baths
  • 13,456 Sqft lot
  • Updated: March 30
  • 2
    Views for last 30 days
  • Source:
    San Diego MLS  MLS#WS26018859

About the Property

Dont 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
Dont 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.
  • Property type

    Other

  • Floors

    3

Explore the Area

2614 Griffin Avenue, Los Angeles, California, United States View on Google Maps
Price per sqft
Low
High

View 4,967 more listings in Los Angeles

DENGO INVESTMENT INC. - EL MONTE

Joined 7 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

DENGO INVESTMENT INC. - EL MONTE
California, United States
View agency profile
1
Listings
2026
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
DENGO INVESTMENT INC. - EL MONTE
EL MONTE, California, United States
View agency profile
Last updated
March 30
First listed
Jan 30
Listing reference
WS26018859
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference WS26018859, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with