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$4,528,888
400 Days On Site
281 S Avenue 52Los Angeles, CA 90042
For Sale|Residential Income|Active
43
Beds
24
Total Baths
19,828
SqFt
$228
/SqFt
1961
Built
County:
Los Angeles
Listed by Seth Polen of Seth Polen [email protected]
Call Now: 213.998.6500
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213.998.6500
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Monthly Payment (Est.)
$20,663Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
The subject property is a rare 24-Unit opportunity in Highland Park; offered at $4,528,888 ($188,704/Unit | $228/SF). Built in 1961, the property features a strong mix of mostly two-bedroom units on a large 29,751 SF lot with 26 parking spaces. Residents enjoy a 95 Walk Score, easy access to the Metro Gold Line & 110 Freeway, and proximity to Figueroa & York's vibrant retail and dining scene. With below-market rents, ADU potential (up to 8 units), and CAP rate upside from 4.53% to 7.27%, this asset combines stable income with significant growth potential.
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Listing Snapshot
Price
$4,528,888
Days On Site
400 Days
Bedrooms
43
Inside Area (SqFt)
19,828 sqft
Total Baths
24
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.6824 Acres
Year Built
1961
MLS® Number
24438803
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 6 months ago | Price changed to $4,528,888 | |
| a year ago | Listing first seen on site |
General Features
Acres
0.6824
Direction Faces
South
Levels
Two
Number Of Stories
2
Parking
CoveredCarportOn Street
Parking Spaces
1
Security
Security GateGated Community
Special Circumstances
Standard
SqFt Total
19828
Zoning
LARD2
Interior Features
Appliances
Refrigerator
Heating
Wall Furnace
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Community Features
Community Features
Gated
Financing Terms Available
Cash
MLS Area
632 - Highland Park
School District
Los Angeles Unified
Schools
School District
Los Angeles Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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