Value-Add 24-Unit Apartment
376 N Ave 57 Los Angeles, CA 90042
376 N Ave 57, Los Angeles, CA, 90042
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For Sale
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Built in 1962, the 24-unit community includes 18 vacant units and individual electric and gas metering.
Lot Size0.46 Acres
Days on Market103
Property Features for 376 N Ave 57
General Information
- Standard status
- Active
- Lot size
- 0.46 Acres
- Property subtype
- Multifamily
Listing agency
Growth Investment Group
(909) 486-2069
Listed by
Justin McCardle · License #CA 01895720
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 12:08PM Checked: Jul 22 at 12:17PM
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Investment Insights
Based on property information with market context.
Offered for sale, this 24-unit apartment community was built in 1962 and sits on a 19,986 SF lot. The property will be delivered with 18 units vacant, positioned for a renovation and upgrade program. The unit mix includes two 2-bedroom, one-bath units, twenty 1-bedroom, one-bath units, and two large studios.
A soft-story retrofit for the parking area has been completed. The property also features space that can support a laundry room or storage, along with a swimming pool. Utilities are individually metered for electricity and gas.
Interested parties should review the tenant vacancy and renovation scope given the delivery of 18 units vacant at closing, along with the existing improvements and completed parking-area retrofit.
A soft-story retrofit for the parking area has been completed. The property also features space that can support a laundry room or storage, along with a swimming pool. Utilities are individually metered for electricity and gas.
Interested parties should review the tenant vacancy and renovation scope given the delivery of 18 units vacant at closing, along with the existing improvements and completed parking-area retrofit.
Key Highlights
- 24‑unit apartment community built in 1962 on a 19,986 SF lot
- Value‑add setup: 18 units delivered vacant and ready for renovations/upgrades
- Unit mix: 20 one‑bedroom units, 2 two‑bedroom+1‑bath units, and 2 large studio units
Property Analytics
Location Intelligence
Current Use by Public Records
Black Pine Flats
Apartment Building
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FAQs
What type of property is this?
Apartment building - Built in 1962, the 24-unit community includes 18 vacant units and individual electric and gas metering.
Where is this apartment building located?
The property is located at 376 N Ave 57 Los Angeles, CA.
What are key features of this property?
This property features: 24‑unit apartment community built in 1962 on a 19,986 SF lot; Value‑add setup: 18 units delivered vacant and ready for renovations/upgrades; Unit mix: 20 one‑bedroom units, 2 two‑bedroom+1‑bath units, and 2 large studio units
