ResidentialIncome
Active
281 S Avenue 52, Los Angeles, CA 90042
281 S Avenue 52
Overview
Property ID: HZ24438803
- 43
- 24
- 19828
- 1961
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.
Address
Open on Google Maps- Address Avenue 52
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90042
Details
Updated on October 4, 2025 at 2:07 pm- Property ID: HZ24438803
- Price: $4,528,888
- Property Size: 19828 Sq Ft
- Bedrooms: 43
- Bathrooms: 24
- Year Built: 1961
- Property Status: ResidentialIncome
- Listed by: Seth Polen
- DRE #: 01133279
- Contact Mail: s.spolen@gmail.com
- Brokered by: Seth Polen
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