281 S Avenue 52, Los Angeles, CA 90042
281 S Avenue 52, Los Angeles, CA 90042
281 S Avenue 52, Los Angeles, CA 90042
11
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$4,188,888
Est. payment /mo
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43 Beds
24 Baths
19,828 SqFt
Price Dropped by $20K

281 S Avenue 52 Los Angeles, CA 90042

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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 $211

MLS Listing ID 26660709

Bedrooms 43

Year Built 1961

Lot Size 0.682 Acres

Acres 0.6826

Property Sub-Type Multi-Family

Property Description

This offering presents an excellent opportunity to acquire a 24-unit apartment community located in the highly desirable Highland Park neighborhood of Los Angeles. Built in 1961, the property consists of approximately 19,828 square feet of improvements situated on a 29,724 square foot lot. The unit mix includes 5 one-bedroom / one-bath units, 18 two-bedroom / one-bath units, and 1 two-bedroom / two-bath unit, offering a strong configuration that supports long-term tenant demand.Residents benefit from the property's proximity to Downtown Los Angeles via the 110 Freeway and convenient access to the Metro Gold Line, connecting Highland Park to South Pasadena, Pasadena, and DTLA. The property is also located near the vibrant Figueroa Street retail corridor, providing tenants with easy access to Highland Park's popular restaurants, cafes, shops, and neighborhood amenities. Opportunities to acquire assets of this scale in Highland Park remain limited, as the neighborhood is largely built-out and new multifamily development remains constrained.

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


TheMLS (CLAW)
Listed by Seth Polen

NEARBY SCHOOL & BUSINESS

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281 S Avenue 52