281 S Avenue 52, Los Angeles, CA 90042

Local realty services provided by:ERA Excel Realty
281 S Avenue 52,Los Angeles, CA 90042
$4,528,888
  • 43 Beds
  • 24 Baths
  • 19,828 sq. ft.
  • Multi-family
  • Active
Listed by:seth polen
Office:seth polen
MLS#:24438803
Source:CRMLS

Price summary

  • Price:$4,528,888
  • Price per sq. ft.:$228.41

About this home

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.

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Home facts

  • Year built:1961
  • Listing ID #:24438803
  • Added:382 day(s) ago
  • Updated:October 01, 2025 at 06:27 PM

Rooms and interior

  • Bedrooms:43
  • Total bathrooms:24
  • Living area:19,828 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1961
  • Building area:19,828 sq. ft.
  • Lot area:0.68 Acres

Finances and disclosures

  • Price:$4,528,888
  • Price per sq. ft.:$228.41
Based on information from California Regional Multiple Listing Service, Inc. as of October 1, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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