281 S Avenue 52, Los Angeles, CA 90042
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
281 S Avenue 52,Los Angeles, CA 90042
$4,208,888
- 43 Beds
- 24 Baths
- 19,828 sq. ft.
- Multi-family
- Active
Listed by: seth polen
Office: seth polen
MLS#:26660709
Source:CRMLS
Price summary
- Price:$4,208,888
- Price per sq. ft.:$212.27
About this home
This offering presents an excellent opportunity to acquire a 24-unit apartment community located in the highly desirable Highland Park neighborhood of Los Angeles. Built in 1961, the property consists of approximately 19,828 square feet of improvements situated on a 29,724 square foot lot. The unit mix includes 5 one-bedroom / one-bath units, 18 two-bedroom / one-bath units, and 1 two-bedroom / two-bath unit, offering a strong configuration that supports long-term tenant demand.Residents benefit from the property's proximity to Downtown Los Angeles via the 110 Freeway and convenient access to the Metro Gold Line, connecting Highland Park to South Pasadena, Pasadena, and DTLA. The property is also located near the vibrant Figueroa Street retail corridor, providing tenants with easy access to Highland Park's popular restaurants, cafes, shops, and neighborhood amenities. Opportunities to acquire assets of this scale in Highland Park remain limited, as the neighborhood is largely built-out and new multifamily development remains constrained.
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Home facts
- Year built:1961
- Listing ID #:26660709
- Added:1 day(s) ago
- Updated:March 06, 2026 at 11:42 AM
Rooms and interior
- Bedrooms:43
- Total bathrooms:24
- Kitchen Description:Refrigerator
- 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
- Levels:2 Story
Finances and disclosures
- Price:$4,208,888
- Price per sq. ft.:$212.27
Features and amenities
- Appliances:Refrigerator
- Amenities:Gated Community, Security Gate
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