145 E Avenue 35 #7 Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90031
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25071711
Year Built 1908
Lot Size 5,945 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
Story 2
Sewer Public Sewer
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard