7-Bedroom Residential Income - 114 W Avenue 45, Los Angeles, CA

$859,999

114 W Avenue 45, Los Angeles, CA

114 W Avenue 45, Los Angeles, CA 90065 - $859,999 · 7 bd 6 ba Multi-Family Home for Sale, photo 3

114 W Avenue 45, Los Angeles, CA 90065 - $859,999 · 7 bd 6 ba Multi-Family Home for Sale, photo 4

114 W Avenue 45, Los Angeles, CA 90065 - $859,999 · 7 bd 6 ba Multi-Family Home for Sale, photo 5

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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.

Property details

Bedrooms

Bathrooms

Square feet

4,871

Year built

1921

Property type

Residential Income

Lot size

7,557 sqft

Location

114 W Avenue 45 • Los Angeles, CA 90065

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Listed by

Nick Astrupgaard · KW Commercial Studio City

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