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281 S Avenue 52 Ave, Los Angeles, CA 90042
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$4,528,888
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Home Details for 281 S Avenue 52 Ave
Price
$4,528,888
Type
other
Bedrooms
43
Total Bathrooms
24
Year Build
1961
Sq. Ft.
19828
Lot Size
0.6824
County
Los Angeles
MLS®️ Listing#
24438803
On exitrealty.com
208 days
Property Description
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.
- Parking
- Covered
- Carport
- On Street
- Heating Information
- Wall Furnace
Listing Courtesy: Seth Polen - 213-595-5726. Presented by: Seth Polen
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 15:16:28 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$4,528,888
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.