281 S Avenue 52, Los Angeles, CA 90042
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
281 S Avenue 52,Los Angeles, CA 90042
$4,528,888
- 43 Beds
- 24 Baths
- 19,828 sq. ft.
- Multi-family
- Active
Listed by: seth polen
Office: seth polen
MLS#:24438803
Source:CRMLS
Price summary
- Price:$4,528,888
- Price per sq. ft.:$228.41
About this home
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.
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Home facts
- Year built:1961
- Listing ID #:24438803
- Added:434 day(s) ago
- Updated:November 21, 2025 at 02:50 PM
Rooms and interior
- Bedrooms:43
- Total bathrooms:24
- Living area:19,828 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1961
- Building area:19,828 sq. ft.
- Lot area:0.68 Acres
Finances and disclosures
- Price:$4,528,888
- Price per sq. ft.:$228.41
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