281 S Avenue 52
Los Angeles, CA 90042
The subject property is a rare 24-Unit opportunity in Highland Park; offered at $4,528,888 ($188,704/Unit | $228/SF).
Sales Price $4,528,888
Beds
43
Baths
24
Home Size
19828 Sq. Ft.
Lot Size
29724 Sq. Ft.
281 S Avenue 52
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.
This home located at 281 S Avenue 52 is currently active and has been available on pardeeproperties.com for 386 days. This property is listed at $4,528,888. It has 43 beds and 24 bathrooms. The property was built in 1961. 281 S Avenue 52 is in the Highland Park community of County.
Quick Facts
- 386 days on market
- Built in 1961
- Total parking spaces 26Car
- Covered Parking, Carport, Controlled Entrance, Parking Space, On street
- Community | Highland Park
- MLS# | 24-438803
Features
- Wall Unit(s) Cooling
- Wall Heat
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