2243-2259 Merton Ave - Apartments FOR SALE
Los Angeles, CA 90041 |
2243-2259 Merton Ave
Los Angeles, CA 90041
HIGHLIGHTS
- Only 3.3% of Multifamily Buildings are 20 Units or More in the 90041 Zip Code
- 797 SF Average Unit Size, Offering Unmatched Layouts and Size
- Long Term Ownership – Family Owned and Operated, on the Market for the First Time in Over 30 Years
- Updated Plumbing, New Landscaping, Recent Parking Lot Improvements and a Comprehensive Renovation to the Entire Property in 2010
- Subject Property has a High Potential for ADU Development, that Allows for Seven Potential Attached ADUs (25% of Existing Units) - Buyer to Verify
- Situated on a 37,833 SF Lot, Glenrock Gardens is Aligned with the Evolving Needs of Today’s Renters
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Glenrock Gardens
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
22956
STORIES
2
YEAR BUILT
1950
PARKING SPACES
28
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
5686-002-026
