7162 N 57th Ave
Multifamily | 3 Units | $146,667/unit
Marketing description
7162 N 57th Avenue is a well-located small multifamily asset situated within an established Glendale neighborhood. The property consists of three residential units with a varied unit mix that includes one three bedroom unit, one two-bedroom unit, and one studio unit, creating diversified rental appeal and income potential.
The asset is currently operated with partial occupancy, allowing future ownership flexibility to pursue lease stabilization, strategic renovations, or operational improvements. The property’s PAD zoning also provides added flexibility compared to traditional multifamily zoning designations, creating potential for alternative use concepts or live-work functionality depending on ownership objectives.
With attainable pricing and long-term upside potential, 7162 N 57th Avenue presents an opportunity for investors seeking a manageable multifamily asset within a high-demand workforce housing market.
Investment highlights
- Built in 1954 with PAD zoning
- Flexible live-work and value-add potential
- Strong demand for small multifamily assets in the area
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