281 Avenue 52, Los Angeles CA 90042 | $4,528,888

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 29724 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1961
  • MLS#: 24438803
  • Community: 632 - Highland Park

Listing provided courtesy of Seth Polen of Seth Polen. Last updated 2025-11-05 09:11:16.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.68 Acres

David Piper

Call or Text: 858-525-5007

DRE# 02021985