427 N Avenue 52, Los Angeles, CA 90042
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
427 N Avenue 52,Los Angeles, CA 90042
$1,325,000
- 4 Beds
- 4 Baths
- 1,910 sq. ft.
- Multi-family
- Active
Listed by: ruben davis
Office: ruben davis818-960-3600
MLS#:26847581
Source:CRMLS
Price summary
- Price:$1,325,000
- Price per sq. ft.:$693.72
About this home
Turnkey income-producing triplex in one of Northeast Los Angeles' most desirable rental markets. Located in the heart of Highland Park, this updated property generates $7,585 per month in current gross income ($91,020 annually) with upside to approximately $98,400 in annual market rents. The property consists of a studio unit, a 2-bedroom/1-bath unit, and a spacious 2-bedroom/2-bath unit. All three units have been extensively remodeled and feature custom-colored cabinetry, quartz countertops, luxury vinyl plank flooring, recessed lighting, stainless steel appliances, and energy-efficient mini-split heating and air conditioning systems. Each unit also includes its own laundry facilities, providing added convenience and tenant appeal. Situated on a large lot with favorable zoning and future ADU development potential (buyer to verify), the property offers both strong in-place cash flow and long-term value-add opportunities. A former garage has been converted to a carport parking space. Ideally positioned near York Boulevard, Figueroa Street, Pasadena, Downtown Los Angeles, Occidental College, and major transportation corridors, residents enjoy convenient access to Highland Park's renowned dining, coffee shops, nightlife, and cultural attractions. At the asking price, the property offers an approximate 6.24% current cap rate and 14.56 GRM based on existing rents, making it an attractive opportunity for investors, 1031 exchange buyers, and owner-users seeking long-term appreciation in one of Los Angeles' strongest rental submarkets. Please do not disturb tenants. Drive-by only. Offers subject to interior inspection. Buyer to independently verify all information, including zoning, development potential, rents, expenses, and square footage....
Contact an agent
Home facts
- Year built:1917
- Listing ID #:26847581
- Added:1 day(s) ago
- Updated:June 16, 2026 at 06:45 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Kitchen Description:Dishwasher, Refrigerator
- Living area:1,910 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Composition
- Year built:1917
- Building area:1,910 sq. ft.
- Lot area:0.17 Acres
- Exterior Features:FrontPorch
Finances and disclosures
- Price:$1,325,000
- Price per sq. ft.:$693.72
Features and amenities
- Appliances:Dishwasher
- Laundry features:Inside
Parking
- Total parking spaces:1
- Parking description:Carport, On Street
New listings near 427 N Avenue 52
- New
$625,000Active3 beds 2 baths1,169 sq. ft.12310 Runnymede #1, North Hollywood, CA 91605
MLS# BB26131147Listed by: ELEVATED LIVING REALTY - Open Sat, 11am to 3pmNew
$1,099,999Active3 beds 2 baths1,134 sq. ft.885 Montecito, Los Angeles, CA 90031
MLS# DW26131115Listed by: FLEX INVESTMENTS - New
$479,000Active2 beds 1 baths880 sq. ft.1346 Century, Los Angeles, CA 90044
MLS# IV26131078Listed by: REALTY MASTERS & ASSOCIATES - New
$3,799,000Active3 beds 4 baths3,574 sq. ft.1948 Catalina Street, Los Angeles, CA 90027
MLS# SR26127902Listed by: PINNACLE ESTATE PROPERTIES - New
$699,000Active3 beds 1 baths960 sq. ft.11046 Lull St., Sun Valley, CA 91352
MLS# SR26128946Listed by: CENTURY 21 MASTERS - New
$849,900Active3 beds 2 baths1,383 sq. ft.21025 Blythe Street, Canoga Park, CA 91304
MLS# SR26130732Listed by: PINNACLE ESTATE PROPERTIES, INC. - New
$699,000Active2 beds 3 baths1,350 sq. ft.5016 Bakman, North Hollywood, CA 91601
MLS# 226002819Listed by: THE ONE LUXURY PROPERTIES - New
$949,000Active0.11 Acres16723 W Sunset Boulevard, Pacific Palisades, CA 90272
MLS# 26828095Listed by: PINNACLE ESTATE PROPERTIES - New
$2,895,000Active4 beds 6 baths5,059 sq. ft.22931 Dolorosa Street, Woodland Hills, CA 91367
MLS# 26847753Listed by: THE BEVERLY HILLS ESTATES - New
$1,825,000Active5 beds 4 baths3,290 sq. ft.20044 Wells Drive, Woodland Hills, CA 91364
MLS# 26847991Listed by: COLDWELL BANKER REALTY