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114 W Avenue 45, Los Angeles, CA 90065

$859,999
7
BD
6
BA
4,871
SqFt
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List Price
$859,999
MLS#
26995721
Year Built
1921
Bedrooms
7
Bathrooms
6
Living Sq. Ft
4,871
Lot Size
7,557
Days on Market
0
Property Type
Multifamily
Stories
2
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949-202-9359

Property Description

114 W Avenue 45 is a six-unit multifamily investment opportunity located in Northeast Los Angeles near the border of Highland Park and Mount Washington. The property consists of two buildings totaling approximately 4,871 square feet on a 7,554-square-foot lot. The low-density configuration features spacious floorplans, bay windows and outdoor areas between the structures. The offering provides an opportunity for an investor to acquire a well-located vintage asset with meaningful potential for renovation and repositioning. The property's existing income, rental upside and location near Figueroa Street provide multiple avenues for a new owner to enhance the asset over time. The property also benefits from separately metered gas and electricity and documented electrical improvements, including permitted meter-panel upgrades. Its location provides convenient access to Highland Park, Mount Washington, Eagle Rock, South Pasadena, Downtown Los Angeles and the broader Northeast Los Angeles market.

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Additional Information

Other Buildings
None
Heat
Other
Cooling
Other
Number of Cars in Garage
Covered Parking
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Courtesy of KW Commercial Studio City, Nick Astrupgaard - CA DRE#01893466

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