1927 Griffin Avenue
Los Angeles, CA 90031
Listing broker / agent: Growth Investment Group Pasade · Justin McCardle · 310-606-0192 · CRMLS
MLS # AR26172939 · Last checked Nov 15, 2026 01:10 UTC
About this property
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.
Property details
- MLS number
- AR26172939
- Status
- Active
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 0.2273 acres
- Reported private pool
- No
- Year built
- 1946
More property detailsCollapse
Listing
- Days on market
- 97
Building
- Year built
- 1946
- Year built source
- Assessor
- Building stories
- 2
- Entry level
- 1
Rooms & interior
- Laundry
- Common Area
Exterior & parking
- Total parking spaces
- 8
- Garage spaces
- 8
- Parking
- Driveway, None
- Pool
- None
- Lot size source
- Assessor
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Lake, Urban
Fees & lease terms
- Association
- No
- Association fee
- $0.00
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Ask about the price, layout, parking, or another reported property detail.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Griffin Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.1 mi |
| PUC Milagro Charter (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.4 mi |
| PUC Excel Charter Academy (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 6–8 | 0.4 mi |
| Gates Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.5 mi |
| Albion Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–6 | 0.5 mi |
| Alliance Susan and Eric Smidt Technology High (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 0.6 mi |
| El Rio Community (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–8 | 0.6 mi |
| Abraham Lincoln Senior High (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 0.7 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $2,075,000
- MLS-reported original asking price
- $2,100,000
- MLS-reported previous asking price
- $2,100,000
- MLS-reported last price change
- 2026-11-13 20:38 UTC
| Observed (UTC) | Asking price |
|---|---|
| Nov 14, 2026 04:54 | $2,075,000 |
| Oct 2, 2026 05:41 | $2,100,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Los Angeles
Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
670 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-15 01:28 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗