217 S Avenue 54, Los Angeles, CA 90042
Local realty services provided by:ERA North Orange County Real Estate
217 S Avenue 54,Los Angeles, CA 90042
$3,000,000
- 25 Beds
- 17 Baths
- 13,223 sq. ft.
- Multi-family
- Active
Listed by: eric dilanian
Office: remax commercial and investment realty
MLS#:26665509
Source:CRMLS
Price summary
- Price:$3,000,000
- Price per sq. ft.:$226.88
About this home
We are proud to present an extremely rare 43-unit portfolio opportunity in Highland Park, one of LA's hottest and most sought-after sub-markets. 217 S Avenue 54, a 17-unit mid-century building, is 1 of 3 assets which is offered either individually or as part of the portfolio. Strategically located just one block from Figueroa Street and at the epicenter of Highland Park's most vibrant retail and dining corridor, the property was built in 1964 and features 13,223 square feet of building situated on 15,316 square feet of land, zoned RD2-1.The property boasts an excellent unit mix consisting of nine (2+1) units, seven (1+1) units, and one (0+1) unit. Offered for sale for the first time in 17 years, the asset presents a value-add opportunity with a compelling basis and potential to further enhance returns through rental upside and multiple ADU additions. With a Walk Score of 88 ("Very Walkable"), residents can accomplish most errands on foot and enjoy immediate access to the Gold Line and neighborhood favorites, including Highland Park Bowl, Kitchen Mouse Cafe, HomeState, Civil Coffee, The Arroyo Club, Mendocino Farms, Villas Tacos, and Jeni's Ice Cream. ASSET 2 OF 3: 5629 MONTE VISTA ST | 90042 (12 UNITS) See Listing Details ASSET 3 OF 3: 820 CHESTNUT AVE | 90042 (14 UNITS) See Listing Details DISCLOSURE: Buyers are advised to conduct independent, thorough due diligence, including but not limited to verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibility. **DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY **...
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Home facts
- Year built:1964
- Listing ID #:26665509
- Added:1 day(s) ago
- Updated:March 19, 2026 at 05:29 PM
Rooms and interior
- Bedrooms:25
- Total bathrooms:17
- Living area:13,223 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Year built:1964
- Building area:13,223 sq. ft.
- Lot area:0.35 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,000,000
- Price per sq. ft.:$226.88
Features and amenities
- Laundry features:Laundry Room
Parking
- Total parking spaces:17
- Parking description:Attached Carport
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