Two-Building Multifamily Apartment
160 N Ave 23 Los Angeles, CA 90031
160 N Ave 23, Los Angeles, CA, 90031
Contact for pricing
For Sale
Contact for pricing
Pending
Two buildings totaling six units offer one 2-bedroom unit and five 1-bedroom units on a large LAR2-zoned lot.
Property Size4,762 SF
Lot Size0.17 Acres
Days on Market102
Property Features for 160 N Ave 23
General Information
- Standard status
- Pending
- Size
- 4,762 SF
- Lot size
- 0.17 Acres
- Property subtype
- Multifamily
Listing agency
Major Properties
(714) 883-6875
Listed by
Jesse McKenzie · License #CA 01939062
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 8:01AM Checked: Jul 21 at 8:01AM
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Investment Insights
Based on property information with market context.
160 N Avenue 23 is a two-building, six-unit apartment complex offering one 2-bedroom/2-bath unit and five 1-bedroom/1-bath units. The property is comprised of two separate buildings and sits on a 7,500 square foot lot.
The site is located just east of Downtown Los Angeles, in the Emerging Residential Neighborhood of Lincoln Heights. It is zoned LAR2.
For buyers considering value-add strategies, the public remarks note that existing rents are approximately 50% below current market rates. The seller also highlights future development potential for the site.
The site is located just east of Downtown Los Angeles, in the Emerging Residential Neighborhood of Lincoln Heights. It is zoned LAR2.
For buyers considering value-add strategies, the public remarks note that existing rents are approximately 50% below current market rates. The seller also highlights future development potential for the site.
Key Highlights
- 2‑building, 6‑unit apartment complex with one 2‑bedroom/2‑bath unit and five 1‑bedroom/1‑bath units
- Two buildings total 4,762 SF on a 7,500 SF lot
- Existing rents are approximately 50% below current market rates
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Two buildings totaling six units offer one 2-bedroom unit and five 1-bedroom units on a large LAR2-zoned lot.
Where is this apartment building located?
The property is located at 160 N Ave 23 Los Angeles, CA.
What are key features of this property?
This property features: 2‑building, 6‑unit apartment complex with one 2‑bedroom/2‑bath unit and five 1‑bedroom/1‑bath units; Two buildings total 4,762 SF on a 7,500 SF lot; Existing rents are approximately 50% below current market rates
