Listing provided courtesy of Seth Polen of Seth Polen. Last updated 2025-10-03 08:11:50.000000. Listing information © 2025 Sandicor.
Asking Price: $4,528,888 |
281 Avenue 52, Los Angeles CA 90042
Community: 632 - Highland Park
This property was built in 1961 and is priced at $4,528,888. Please see the additional details below.
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.
