Property Detail

114 Avenue 45

Los Angeles CA 90065

$859,999

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Nick Astrupgaard of KW Commercial Studio City. Last updated 2026-10-15 08:10:58.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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