327 S Avenue 57, Los Angeles, CA 90042
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
327 S Avenue 57,Los Angeles, CA 90042
$1,125,000
- 7 Beds
- - Baths
- 2,898 sq. ft.
- Multi-family
- Active
Listed by: levon arzumanyan, tatiana batmanian
Office: the agency - studio city
MLS#:CRGD25225183
Source:CA_BRIDGEMLS
Price summary
- Price:$1,125,000
- Price per sq. ft.:$388.2
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. With unit #3 being remodeled and vacant – it's a great opportunity for an owner occupant to move-in, or a family member. 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
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Home facts
- Year built:1955
- Listing ID #:CRGD25225183
- Added:46 day(s) ago
- Updated:November 12, 2025 at 03:46 PM
Rooms and interior
- Bedrooms:7
- Living area:2,898 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Wall Furnace
Structure and exterior
- Year built:1955
- Building area:2,898 sq. ft.
- Lot area:0.12 Acres
Finances and disclosures
- Price:$1,125,000
- Price per sq. ft.:$388.2
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