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Listed by Andres Diaz • KELLER WILLIAMS REALTY
$ 850,000
Est. payment /mo
Price Dropped by $149K
145 East Avenue 35 Los Angeles, CA 90031
3,778 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,778 sqft
Price per Sqft $224
MLS Listing ID CV-25071711
Year Built 1908
Lot Size 5,946 Sqft
Property Sub-Type Apartment
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
Zoning LAR1
Interior
Laundry None
Exterior
Parking Features None
Pool None
Community Features Street Lights
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944