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6-Unit Apartment Building
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244 S Avenue 18, Los Angeles, CA 90031

Three-story multifamily property with four-bedroom, three-bathroom residences.

Property SizeContact for details
Lot Size0.23 Acres
Days on Market145

Property Features for 244 S Avenue 18

General Information

Standard status Active
Lot size 0.23 Acres
Property subtype Multifamily

Units

Unit Mix 6 x 4BR/3BA
Multifamily Units 6

Additional Details

Public Transit Yes

Building Details

Year Built 2016
Buildings 1
Stories 3
Listing Agency: Vanguard Investments Inc
Listed By: Arthur Arejian · License #CA 01037335
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 9:42AM

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 Vanguard Investments Inc

Investment Insights

Based on property information with market context.

Built in 2016, this three-story apartment property contains six residential units, each configured with four bedrooms and three bathrooms. The building occupies a 9,900-square-foot parcel and offers a consistent unit layout across the property.

The property is located at 244 S Avenue 18 in Los Angeles, within the Lincoln Heights area. Restaurants, markets, shopping, schools, employment centers, tourist attractions, and public transportation are identified in the surrounding area, providing access to a broad range of daily services and destinations.

Key Highlights

  • 6‑unit apartment building completed in 2016
  • Six four‑bedroom, three‑bathroom units
  • Three‑story building configuration

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Computer & Electronic Repair Real Estate Agency Tech Support Center (Bike/Boat/Book/etc) Store Pet Grooming Service Veterinary 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

Location Intelligence

Trade Area within ½ mile

1,823
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

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 - Three-story multifamily property with four-bedroom, three-bathroom residences.
Where is this apartment building located?
The property is located at 244 S Avenue 18 Los Angeles, CA.
What are key features of this property?
This property features: 6‑unit apartment building completed in 2016; Six four‑bedroom, three‑bathroom units; Three‑story building configuration
More about this property
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