9
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$4,528,888
Est. payment /mo
19,828 SqFt
Active
281 S Avenue 52 Los Angeles, CA 90042
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 19,828 sqft
Price per Sqft $228
MLS Listing ID CL24438803
HOA Y/N No
Year Built 1961
Lot Size 0.682 Acres
Acres 0.68
Property Sub-Type Other
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
Zoning LARD
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 5468013045
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Seth Polen • Seth Polen
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289
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