327 Avenue 57, Los Angeles, CA 90042
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
327 Avenue 57,Los Angeles, CA 90042
$1,125,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: levon arzumanyan
Office: the agency - studio city
MLS#:GD25225183
Source:CAREIL
Price summary
- Price:$1,125,000
About this home
**RATE BUY DOWN INCENTIVES AVAILABLE 4.125%** A unique opportunity to own a 4-unit income property in trendy Highland Park, close to Figueroa, and walkable to Highland Park Bowl, HomeState restaurant, Civil Coffee & Mendocino Farms. This property sits on a spacious 5,048 Sqft. lot that is zoned LARD 1.5 with a 42’x120’ dimension. The property consists of: (3) two beds & one bath; (1) one bed & one bath. Two of the 2 bed/1 bath units are approx. 750 sf and another is approx. 700 sf, with the one bedroom being around 600 sf. However, the 1 bed unit’s adjoining a large non-operating laundry room that is perfectly sized for an easy bedroom conversion to a 2 bed 1 bath in order to increase the rent in the future. The shared driveway allows each unit to access its one-car private carport space in the rear of the building, which may have the space for a potential ADU add-on above the four parking spots. This is a great value add-on opportunity for an investor to fix and renovate for a buy and hold or to flip. Additionally, the location offers convenient freeway access and proximity to Downtown LA, Pasadena, and the Metro Gold Line, making it ideal for those seeking the best of urban living in Highland Park. Whether for investment or personal use, this property offers a fantastic opport...
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Home facts
- Year built:1955
- Listing ID #:GD25225183
- Added:227 day(s) ago
- Updated:May 12, 2026 at 04:26 PM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Refrigerator
Heating and cooling
- Cooling:Window/Wall Unit
- Heating:Wall Furnace
Structure and exterior
- Roof:Rolled Composition, Shingle
- Year built:1955
- Lot area:0.12 Acres
- Lot Features:Mid Block
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,125,000
Features and amenities
- Laundry features:Laundry Area
Parking
- Parking description:4 Cars Carport, Carport(s)
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