Los Angeles, CA 90042,281 S Avenue 52
Los Angeles, CA 90042,281 S Avenue 52
Los Angeles, CA 90042,281 S Avenue 52
9
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$4,528,888
Est. payment /mo
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43 Beds
24 Baths
19,828 SqFt
Active

281 S Avenue 52 Los Angeles, CA 90042

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 19,828 sqft

Price per Sqft $228

MLS Listing ID 24438803

Bedrooms 43

HOA Y/N No

Year Built 1961

Lot Size 0.682 Acres

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 632 - Highland Park

Zoning LARD2

Interior

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Controlled Entrance, Covered, Carport, One Space, On Street

Community Features Gated

Total Parking Spaces 26

Building

Faces South

Entry Level Two

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5468013045

Security Features Security Gate,Gated Community

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard


CRMLS – RECore
Listed by Seth Polen Seth Polen

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Brian Winter

Brian Winter

Agent | License ID: 0200992

+1(559) 737-2923

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281 S Avenue 52