145 E Avenue 35 Pending

Los Angeles,CA 90031

$ 850000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRCV25071711

Year Built 1908

Lot Size 5,946 Sqft

Source California Regional MLS

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

Area 679 - Montecito Heights

Interior

Laundry None

Exterior

Parking Features No Parking

Pool None

Others

Tax ID 5207003010

Special Listing Condition Not Applicable

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