For Sale Multi-Family MLS# 26995721

114 W Avenue 45

Los Angeles, CA 90065

$859,999

california-regional-mls-rsd logo

About 114 W Avenue 45

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.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1921
Stories
2
Living area
4,871 sqft
Price / sqft
$177
Lot
0.1735
Original price
$859,999
MLS #
26995721

Exterior & lot

Features
Parking spaces: 2
Construction
2
Lot
LARD2
Parking
Covered

Schools

District
Los Angeles Unified School District

Financial

Parcel
5467005005
Special conditions
Standard

Location

Area
632 - Highland Park
County
Los Angeles
Neighborhood
Highland Park
Directions
Near Figueroa Street in Highland Park

Ask about this property

Questions on 114 W Avenue 45, Los Angeles, CA 90065, or want to see it in person?

Listed by Nick Astrupgaard, KW Commercial Studio City

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.