145 E Avenue 35 Active

Los Angeles,CA 90031

$ 850000

- Bed

- Bath

3778 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,778 sqft

Price per Sqft $224

MLS Listing ID CRCV25071711

HOA Y/N No

Year Built 1908

Lot Size 5,946 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

145 E Avenue 35 is a 7-unit apartment building located in the neighborhood of Montecito Heights. The property is a short drive to the Heritage Square Museum and is in close proximity to the Metro Gold Line station. The unit mix includes seven (7) one-bedroom spread across 3,778 rentable square feet. The property was built in 1908 and is separately metered for gas and electricity and offers approximately 63% upside in rents. While the units have been kept in good condition over multiple decades, there is an opportunity to capture over 50% upside in rents as units turnover and modernize the units.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry No Hookups

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