This Multifamily Property is no longer advertised on LoopNet.com.

2243-2259 Merton Ave
Los Angeles, CA 90041
Glenrock Gardens · Multifamily Property For Sale · 28 Units

Investment Highlights

  • Only 3.3% of Multifamily Buildings are 20 Units or More in the 90041 Zip Code
  • Long Term Ownership – Family Owned and Operated, on the Market for the First Time in Over 30 Years
  • Subject Property has a High Potential for ADU Development, that Allows for Seven Potential Attached ADUs (25% of Existing Units) - Buyer to Verify
  • 797 SF Average Unit Size, Offering Unmatched Layouts and Size
  • Updated Plumbing, New Landscaping, Recent Parking Lot Improvements and a Comprehensive Renovation to the Entire Property in 2010
  • Situated on a 37,833 SF Lot, Glenrock Gardens is Aligned with the Evolving Needs of Today’s Renters

Property Facts

No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.87 AC
Building Size 22,956 SF
No. Stories 2
Year Built 1950
Parking Ratio 1.22/1,000 SF
Zoning LARD1.5

Amenities

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - -
1+1 23 - -
2+1 3 - -
3+2 1 - -

Property Taxes

Property Taxes

Parcel Number
5686-002-026
Land Assessment
$2,122,416
Improvements Assessment
$7,534,576
Total Assessment
$9,656,992
  • Listing ID: 22597975

  • Date on Market: 3/30/2021

  • Last Updated:

  • Address: 2243-2259 Merton Ave, Los Angeles, CA 90041

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