$4,208,888

281 S Avenue 52, Los Angeles, CA 90042

  • 19,828 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon0.68acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $212/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
March 5, 2026
Data Last Updated:
April 15, 2026 at 3:09AM
Listing Office:
Seth Polen : 213-595-5726
Listing Agent:
Seth Polen : 213-595-5726
MLS ID:
CL26660709
  • Heating: Wall Furnace
  • Parking: CoveredOtherOn Street
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LARD5468013045
  • Source: CRMLS

This listing courtesy of Seth Polen , Seth Polen

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bushnell Way Elementary

5507 Bushnell Way, Los Angeles, CA, 90042

Grades PK-5

0.44 miles away

A

Arroyo Seco Museum Science

4805 Sycamore Ter, Los Angeles, CA, 90042

Grades KG-8

0.45 miles away

B

Benjamin Franklin High School

820 N Avenue 54, Los Angeles, CA, 90042

Grades 9-12

0.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.