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6-Unit Apartment Property
New
For Sale
$859,999

114 W Avenue 45, Los Angeles, CA 90065

Two-building rental property features bay windows, outdoor areas, and separately metered gas and electricity.

Property Size4,871 SF
Lot Size0.17 Acres
Price / SF$176.55
Days on Market7

Property Features for 114 W Avenue 45

General Information

Standard status Active
Size 4,871 SF
Lot size 0.17 Acres
Property subtype MULTI_FAMILY

Additional Details

Utilities to Site Yes
Multifamily Units 6

Building Details

Building Size 4,871 SF
Year Built 1921
Buildings 2
Listing Agency: KW Commercial Studio City
Listed By: Nick Astrupgaard · License #01893466
Source: Milsteinestates
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 5 at 10:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Studio City

Investment Insights

Based on property information with market context.

Built in 1921, this six-unit apartment property comprises two buildings totaling approximately 4,871 square feet on a 7,554-square-foot lot. Bay windows and outdoor areas between the structures add distinct features to the low-density layout. Gas and electricity are separately metered, and permitted electrical work includes meter-panel upgrades.

The property is in Northeast Los Angeles near the Highland Park and Mount Washington border, with Figueroa Street nearby. Its location offers access to Highland Park, Mount Washington, Eagle Rock, South Pasadena, Downtown Los Angeles, and the broader Northeast Los Angeles area.

Key Highlights

  • Six apartments across two buildings
  • Approximately 4,871 square feet on a 7,554‑square‑foot lot
  • Built in 1921

Property Analytics

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Current Use

Elizabeth's Cleaners & Alterations (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Accounting Firm Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

Demographics for 90065, CA

44,328
Population
17,197
Households
2.6
Avg Household Size
39
Median Age
40%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
8,060
Density / Sq Mi
$92,903
Median Household Income
$45,850
Median Earnings
$1,774
Median Rent
$1,043,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building rental property features bay windows, outdoor areas, and separately metered gas and electricity.
Where is this apartment building located?
The property is located at 114 W Avenue 45 Los Angeles, CA.
What is the asking price?
The asking price for this property is $859,999.
What are key features of this property?
This property features: Six apartments across two buildings; Approximately 4,871 square feet on a 7,554‑square‑foot lot; Built in 1921
More about this property
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