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331 W 45th Street

Los Angeles, CA 90037
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Bed 0

Bed

Bath 6

Bath

SqFt5,403

Sqft(Lot)

Rare opportunity to acquire a well-maintained 20-unit multifamily property offering significant capital improvements and an attractive unit configuration in a highly accessible Los Angeles location. The property features 20 individual single units, with each unit having its own separate, enclosed kitchen room. The property has benefited from substantial infrastructure improvements, providing an investor with the advantage of major building components having already been addressed. Improvements include a complete re-roof, extensive electrical upgrades, new plumbing, updated meter boxes, and newer mechanical components. The electrical system has been extensively upgraded with wiring from the electrical meters to each individual unit, along with electrical meter boxes. The property also features separate electric and gas meters, providing individual utility metering for the units. Plumbing has likewise been significantly improved, with copper plumbing from the meters serving the individual units. The property is equipped with a newer gas water heater and recirculating pump, providing efficient distribution of hot water throughout the building. Security and life-safety features include exterior security cameras and a monitored fire alarm system, providing additional oversight and safety for the property and its residents. Adding to the property's functionality is a large approximately 14' x 38' basement area. This expansive space offers valuable flexibility and may provide potential for laundry facilities, tenant storage, building storage, or other permitted uses, subject to buyer verification and applicable city requirements. The property's location is another significant advantage. Situated with convenient access to Downtown Los Angeles, USC, the Los Angeles Convention Center, Metro rail, and the 110 Freeway, residents benefit from proximity to major employment centers, educational institutions, entertainment, sporting and convention venues, public transportation, and the many amenities of central Los Angeles. For investors, the combination of 20 units, separate enclosed kitchen rooms, separately metered utilities, extensive electrical and plumbing upgrades, complete re-roofing, newer water-heating equipment, security cameras, monitored fire protection, and additional basement space creates an appealing multifamily investment opportunity.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,000,000

AD Id : 90901607

MLS Id : SR26188226

Lot Size : 5,403 Sqft

Year Built : 1926

County : Los Angeles

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Feature Features

  • Interior Features

    Roof: Flat
    Laundry Features: None

  • Building Information

    Year Built: 1926
    Building Area Total: 8024
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 5403 Lot Size Acres: 0.124 Lot Size Source: Assessor Lot Size Square Feet: 5,403 Lot Description: NearPublicTransit,RectangularLot

  • Listing Price Information

    Listing Price: $3000000
    Cash, CashToNewLoan, Exchange1031

  • Tax Information

    Parcel Number: 5110003017 Tax Lot: 18

  • Location Information

    Direction: East of the 110 and South of Vernon WaterSource: Public Security Features: ClosedCircuitCameras,CarbonMonoxideDetectors,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
526 534 W 47th St, Los Angeles, CA, 90037 $3,349,000 5 3 -- 15,467 Sqft
4240 Figueroa Street, Los Angeles, CA, 90037 $3,250,000 1 1 -- 15,016 Sqft
324 W 50th, Los Angeles, CA, 90037 $824,000 4 6 -- 6,888 Sqft
517 W 42nd, Los Angeles, CA, 90037 $1,190,000 4 6 -- 4,800 Sqft
5324 S Hoover, Los Angeles, CA, 90037 $650,000 4 5 -- 5,228 Sqft
1175 Leighton, Los Angeles, CA, 90037 $4,995,000 26 26 -- 13,504 Sqft
3914 S Normandie Avenue, Los Angeles, CA, 90037 $1,100,000 10 5 -- 6,506 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/02/2026 @ 20:09

MLS: SR26188226 LISTED BY: Wendy Morley, Pinnacle Estate Properties, Inc. 805-222-7000 SOURCE: CRMLS

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