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.
Property Details
Price:
$999,999
MLS #:
CV25071711
Status:
Active
Baths:
0
Address:
145 E Avenue 35
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
679montecitoheights
City:
Los Angeles
Listed Date:
Mar 24, 2025
State:
CA
ZIP:
90031
Lot Size:
5,946 sqft / 0.14 acres (approx)
Year Built:
1908
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Schools
Interior
Exterior
Community Features
Street Lights
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
None
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address145 E Avenue 35 Los Angeles CA
- Area679 – Montecito Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90031
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145 E Avenue 35
Los Angeles, CA
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