Renovated Apartment
For Sale
Contact for pricing
Pending
1445 N Ave 47, Los Angeles, CA 90042
Individually metered gas and electricity support separate utility usage across the apartment property.
Property SizeContact for details
Days on Market147
Property Features for 1445 N Ave 47
General Information
Standard status
Pending
Property subtype
Multifamily
Financials
Cap Rate
5.5%
Gross Rent Multiplier
12.9
Units
Unit Mix
2 x 2BR/2BA, 2 x 2BR/1BA, 18 x 1BR/1BA
Multifamily Units
22
Listing Agency:
Global Platinum Properties
Listed By:
Julio Ruiz · License #01911261
(818) 524-0706
Source:
Crexi
Added: Apr 11
Changed: Sep 4
Last Checked: Sep 3 at 8:27AM
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 Global Platinum Properties
Investment Insights
Based on property information with market context.
This 22-unit apartment property includes a mix of 2 two-bedroom, two-bath units, 2 two-bedroom, one-bath units, and 18 one-bedroom, one-bath units. Fourteen units have undergone permitted renovations, including updated kitchens, flooring, recessed lighting, bathrooms, and stainless steel appliances. Exterior capital improvements have also been completed, along with a parking soft-story retrofit. Gas and electricity are individually metered for each unit.
The property is located at 1445 N Ave 47 in Los Angeles’ Highland Park area, near the restaurants, bars, and shops along York Boulevard. Its location provides access to Downtown Los Angeles, entertainment venues, and cultural destinations. Preliminary plans call for 8 detached ADUs over the rear open parking area, while the property also includes 4 brand-new attached ADUs.
The property is located at 1445 N Ave 47 in Los Angeles’ Highland Park area, near the restaurants, bars, and shops along York Boulevard. Its location provides access to Downtown Los Angeles, entertainment venues, and cultural destinations. Preliminary plans call for 8 detached ADUs over the rear open parking area, while the property also includes 4 brand-new attached ADUs.
Key Highlights
- 22 apartment units with a mix of one- and two‑bedroom floor plans
- 14 units renovated with permits, including updated kitchens, bathrooms, flooring, and lighting
- Unit mix includes 2 two‑bedroom/two‑bath, 2 two‑bedroom/one‑bath, and 18 one‑bedroom/one‑bath units
Property Analytics
Property Profile
Current Use
Lease Details
22
Residential units
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
Explore this area
Business Placement
Demographics for 90042, CA
58,295
Population
22,630
Households
2.6
Avg Household Size
37
Median Age
40%
College-Educated
81%
High-School Grad
4.5 sq mi
ZIP Area
12,954
Density / Sq Mi
$94,401
Median Household Income
$49,804
Median Earnings
$1,853
Median Rent
$940,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Individually metered gas and electricity support separate utility usage across the apartment property.
Where is this apartment building located?
The property is located at 1445 N Ave 47 Los Angeles, CA.
What are key features of this property?
This property features: 22 apartment units with a mix of one- and two‑bedroom floor plans; 14 units renovated with permits, including updated kitchens, bathrooms, flooring, and lighting; Unit mix includes 2 two‑bedroom/two‑bath, 2 two‑bedroom/one‑bath, and 18 one‑bedroom/one‑bath units
