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Quadplex with Detached Units
New
For Sale
$1,399,000

223 S Avenue 57, Los Angeles, CA 90042

Updated systems, private yards, parking, and on-site laundry support flexible residential occupancy.

Property Size2,633 SF
Lot Size0.24 Acres
Days on Market4

Property Features for 223 S Avenue 57

General Information

Standard status Active
Size 2,633 SF
Total Parking Spaces 8
Lot size 0.24 Acres
Property subtype MULTI_FAMILY

Site & Location

Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 1BR, 2 x 2BR
Multifamily Units 4
Parking per Unit 2

Amenities

mini-split heating and A/C
coin-operated laundry room

Building Details

Building Size 2,633 SF
Year Built 1918
Listing Agency: Silverwood Properties
Listed By: Ken Shapiro · License #01715663
Source: Milsteinestates
Added: Sep 2 Changed: Sep 4 Last Checked: Sep 4 at 3:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silverwood Properties

Investment Insights

Based on property information with market context.

This four-unit residential property, built in 1918, occupies a 10,300 sq ft lot and includes two detached two-bedroom dwellings without shared walls. One detached residence features a fenced rear yard, mature fruit trees, and a covered patio, while the other has undergone a comprehensive renovation and is vacant. The two east-side units are one-bedroom residences.

All units have mini-split heating and air conditioning serving bedrooms and common areas. Plumbing was replaced inside and outside with PEX in all four units; three units have new roofs and upgraded electrical systems, and the sewer line serving the one-bedroom units was recently relined. Each residence has dedicated two-car tandem parking with individual garage spaces. A secure coin-operated laundry room serves the property, and the largest unit includes a dishwasher.

The property is across from La Tierra de la Culebra Art Park and a 5 minute walk from the nearest Gold Line metro stop, providing rail access through Highland Park between Pasadena and Downtown L.A.

Key Highlights

  • Four‑unit property on a 10,300 sq ft lot, including two detached two‑bedroom dwellings
  • One detached unit is renovated and vacant; the other has a fenced yard, fruit trees, and covered patio
  • PEX plumbing replaced inside and outside in all four units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Travel Agency Electrical Service Auto Parts Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,349
Businesses Nearby

Demographics for 90042, CA

58,295
Population
22,630
Households
2.6
Avg Household Size
37
Median Age
40%
College-Educated
81%
High-School Grad
4.5 sq mi
ZIP Area
12,954
Density / Sq Mi
$94,401
Median Household Income
$49,804
Median Earnings
$1,853
Median Rent
$940,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Updated systems, private yards, parking, and on-site laundry support flexible residential occupancy.
Where is this quadplex located?
The property is located at 223 S Avenue 57 Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Four‑unit property on a 10,300 sq ft lot, including two detached two‑bedroom dwellings; One detached unit is renovated and vacant; the other has a fenced yard, fruit trees, and covered patio; PEX plumbing replaced inside and outside in all four units
More about this property
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