Six-Unit Apartment
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 Market49
Property Features for 236 E Avenue 39
General Information
Standard status
Active
Size
5,648 SF
Property subtype
Commercial
Site & Location
Neighborhood
Montecito Heights
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
Listing Agency:
168 Realty Inc.
Listed By:
Elsa Wu
(626) 965-7788
Source:
Elliman
Added: Sep 19
Changed: Oct 29
Last Checked: Nov 4 at 1:33PM
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 168 Realty Inc.
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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.
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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Lease Details
6
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
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Business Placement
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
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Market
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Vacancy Rate% for Multifamily in West region
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
