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$ 859,999
Est. payment | /mo
7 Beds
6 Baths
4,871 SqFt
$ 859,999
Est. payment | /mo
7 Beds
6 Baths
4,871 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,871 sqft
Price per Sqft $176
MLS Listing ID 26995721
Bedrooms 7
HOA Y/N No
Year Built 1921
Lot Size 7,557 Sqft
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.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LARD2
Interior
Fireplace No
Exterior
Parking Features Covered
Total Parking Spaces 2
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5467005005
Special Listing Condition Standard
Listed by Nick Astrupgaard KW Commercial Studio City #01893466