Los Angeles, CA 90031 145 E Avenue 35 7
$999,999
8 more
Presented By: Andres Diaz with KELLER WILLIAMS REALTY; 323-376-2469
Beds • 11
Baths • 2
SQFT • 3,778
Year Built • 1908
Home Details
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.
Presented By: Andres Diaz with KELLER WILLIAMS REALTY; 323-376-2469
Interior Features for 145 E Avenue 35 7
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 145 E Avenue 35 7
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.22
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights
CountyLos Angeles
DirectionsExit Avenue 43 from 110 Freeway.
Electric Expense2500.0
Electric On Property Y/NNo
Entry LocationEast
Fuel Expense1500.0
Garage Spaces0.0
Garage Y/NNo
Gross Income93735.0
HOANo
Home Warranty Y/NNo
Insurance Expense7000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet5946.0
Lot Size UnitsSquareFeet
MLS Area679 - Montecito Heights
MaintenanceExpense4900.0
MobileHomeRemainsYNNo
Net Operating Income52210.0
New ConstructionNo
Number Of Units Total7
Operating Expense40588.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot9
Taxes$13,796
Tenant PaysElectricity, Gas
Trash Expense6000.0
Unit Number7
Water Sewer Expense4000.0
Year Built1908
Year Built SourceEstimated
ZoningLAR1
Exterior for 145 E Avenue 35 7
Building Area Total3778.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1365
Lot Size Area5946.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0
WaterfrontY/NNo
Additional Details
Price History
