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Six-Unit Apartment Building
New
For Sale
$1,700,000

236 E Avenue 39, Los Angeles, CA 90031

Two-story apartment property with separately metered electric and gas service.

Property Size5,648 SF
Days on Market3

Property Features for 236 E Avenue 39

General Information

Standard status Active
Size 5,648 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 6 x 2BR/1.5BA
Multifamily Units 6

Building Details

Building Size 5,648 SF
Year Built 1965
Buildings 1
Stories 2
Units 6
Listed By: Elsa Wu
Source: Elliman
Added: Sep 19 Last Checked: Sep 20 at 10:12AM

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 Elsa Wu

Investment Insights

Based on property information with market context.

This two-story apartment building contains 6 units, each configured with 2 bedrooms and 1.5 bathrooms. Electric and gas are separately metered, and on-premise parking serves the property. One unit is vacant following a remodel, while the remaining units have long-term tenants. Recent and prior capital improvements include a roof and downspouts replaced two years ago and full repiping completed 15 years ago.

Located at 236 E Avenue 39 in Los Angeles, the property offers access to the 110 and 5 freeways. The surrounding area records a Walk Score of 76, a Bike Score of 83, and a Transit Score of 66. The building was constructed in 1965 and has remained under the same ownership for 35 years.

Key Highlights

  • 6‑unit, two‑story apartment building
  • All units offer 2 bedrooms and 1.5 bathrooms
  • Separate electric and gas meters

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Accounting Firm Spa & Massage Center Skin Care Clinic

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

6
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

604
Businesses Nearby

Demographics for 90031, CA

37,333
Population
12,686
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
66%
High-School Grad
3.5 sq mi
ZIP Area
10,667
Density / Sq Mi
$62,119
Median Household Income
$34,356
Median Earnings
$1,487
Median Rent
$758,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Apartment building - Two-story apartment property with separately metered electric and gas service.
Where is this apartment building located?
The property is located at 236 E Avenue 39 Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 6‑unit, two‑story apartment building; All units offer 2 bedrooms and 1.5 bathrooms; Separate electric and gas meters
More about this property
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