Value-Add 24-Unit Apartment
For Sale
Contact for pricing
376 N Ave 57, Los Angeles, CA 90042
Built in 1962, the 24-unit community includes 18 vacant units and individual electric and gas metering.
Property SizeContact for details
Lot Size0.46 Acres
Days on Market151
Property Features for 376 N Ave 57
General Information
Standard status
Active
Lot size
0.46 Acres
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
24
Amenities
swimming pool
laundry room
Building Details
Year Built
1962
Tenancy
Multi
Listing Agency:
Growth Investment Group
Listed By:
Justin McCardle · License #CA 01895720
(909) 486-2069
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 6:39AM
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 Growth Investment Group
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
Property Profile
Current Use
Lease Details
24
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,853
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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
