1435 N Avenue 47

Mid-Century Highland Park Multi-Unit

Sold Feb 10, 2022

$3,800,000

Commercial, Multi-Unit (5+)

Bedrooms
22
Bathrooms
11
Units
11
Unit Mix
(eleven) 2+1
Square Feet
8,628
Lot Size
10,343 Sq. Ft.
Parking
Detached Carports

Figure 8 represented the buyer of this fantastic eleven (11) unit apartment building located at 1435 North Avenue 47 in Los Angeles, California. This sought-after area straddling the border between Eagle Rock and Highland Park is an eclectic neighborhood northeast of Downtown, with working class roots and a hip, laid-back vibe. Built in 1963, this turn-key property is well renovated, stylish, and located within walking distance to Occidental College. The property contains an incredible unit mix of eleven (11) two bedroom / one bathroom units. Eight (8) units have been completely remodeled, and three (3) will be delivered vacant. This offering also comes with preliminary plans to build one (1) two bedroom ADU unit in the back of the building. Tenants will enjoy living with easy access to all of Los Angeles’s world class amenities while being within walking distance to local restaurants, retail, and other amenities.

Agents

Colt Maloney

Selling Agent

(213) 926-9494

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