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Listed by Andres Diaz • KELLER WILLIAMS REALTY
$ 850,000
Est. payment | /mo
5,946 Sqft Lot
$ 850,000
Est. payment | /mo
5,946 Sqft Lot
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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Drew Reid
REALTOR® | Lic# 01332884