CA > Los Angeles
Los Angeles, CA 90042,281 S Avenue 52
Los Angeles, CA 90042,281 S Avenue 52
Los Angeles, CA 90042,281 S Avenue 52
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Ivan Perez

Ivan Perez

+1(818) 242-6422
$4,528,888
Est. payment /mo
43 Beds
24 Baths
19,828 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 19,828 sqft

Price per Sqft $228

MLS Listing ID 24-438803

Bedrooms 43

Year Built 1961

Lot Size 0.682 Acres

Acres 0.6826

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Highland Park

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Range/Oven, Refrigerator

Exterior

Parking Features Covered Parking, Carport, Controlled Entrance, Parking Space, On street

Garage Spaces 26.0

Waterfront Description None

Building

Level or Stories Two

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Seth Polen

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Ivan Perez

Ivan Perez

+1(818) 242-6422

Broker Associate | License ID: 01952891

Broker Associate License ID: 01952891

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