- 5 Beds
- 4 Baths
- 19,828 Sqft
- .68 Acres
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.
Essential Information
- MLS® #24438803
- Price$4,528,888
- Bedrooms5
- Bathrooms4.00
- Square Footage19,828
- Acres0.68
- Year Built1961
- TypeResidential Income
- StatusActive
Community Information
- Address281 S Avenue 52
- Area632 - Highland Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90042
Amenities
- Parking Spaces26
Parking
Controlled Entrance, Covered, Carport, One Space, On Street
Garages
Controlled Entrance, Covered, Carport, One Space, On Street
Interior
- AppliancesRefrigerator
- HeatingWall Furnace
- StoriesTwo
School Information
- DistrictLos Angeles Unified
Additional Information
- Date ListedSeptember 10th, 2024
- Days on Market434
- ZoningLARD2
Listing Details
- AgentSeth Polen
- OfficeSeth Polen
Price Change History for 281 S Avenue 52, Los Angeles, (MLS® #24438803)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $4,688,888 to $4,528,888 | ||
| Price Reduced from $4,788,888 to $4,688,888 | ||
| Price Reduced from $4,888,888 to $4,788,888 |
Seth Polen, Seth Polen.
Based on information from California Regional Multiple Listing Service, Inc. as of November 18th, 2025 at 8:30pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.