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For Sale

$859,999

4,871 sqft$177/sqft36 days on market

114 W Avenue 45 Ave

Los Angeles, CA 90065

· 8% down, 7% APR, 30yr fixed

7

Beds

6

Baths

4,871

Square feet

1921

Built

Listing narrative

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.

Listing agent (MLS): Nick Astrupgaard · Listing brokerage (MLS): KW Commercial Studio City

Property Details

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Price

$859,999

Beds

7 bd

Type

House

Home Size

4,871 sqft

Baths

6

Lot Size

0.17 acres

Year

1921

Status

For Sale

Days on Market

36

$ / Sqft

$177

· 8% down, 7% APR, 30yr fixed
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Courtesy of KW Commercial Studio City