427 N Avenue 52, Los Angeles, CA 90042
Local realty services provided by:ERA North Orange County Real Estate
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:55 day(s) ago
- Updated:August 08, 2026 at 01:24 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Kitchen Description:Dishwasher, Refrigerator
- Living area:1,910 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition
- Year built:1917
- Building area:1,910 sq. ft.
- Lot area:0.17 Acres
- Exterior Features:Front Porch
- Levels:Multi Split
Finances and disclosures
- Price:$1,325,000
- Price per sq. ft.:$693.72
Features and amenities
- Appliances:Dishwasher, Refrigerator
- Laundry features:Inside
- Amenities:Gated Community
Parking
- Total parking spaces:1
- Parking description:Carport, On Street
New listings near 427 N Avenue 52
- New
$1,695,000Active8 beds 8 baths3,178 sq. ft.6826 Whitman Avenue, Van Nuys, CA 91406
MLS# CV26174973Listed by: COMPASS - New
$1,575,000Active7 beds 5 baths2,970 sq. ft.1558 214th Street, Torrance, CA 90501
MLS# DW26170287Listed by: VIP RE FIRM - New
$674,999Active3 beds 2 baths1,142 sq. ft.329 109th, Los Angeles, CA 90061
MLS# DW26171930Listed by: VIDA REAL ESTATE - New
$850,000Active3 beds 2 baths1,148 sq. ft.1534 213th, Torrance, CA 90501
MLS# IV26165579Listed by: RE/MAX HORIZON - New
$609,900Active2 beds 1 baths816 sq. ft.24524 Avalon, Wilmington, CA 90744
MLS# PW26175150Listed by: REO PRO REALTY - New
$2,590,000Active4 beds 3 baths2,450 sq. ft.3701 Royal Meadow, Sherman Oaks, CA 91403
MLS# SR26130601Listed by: KELLER WILLIAMS REALTY-STUDIO CITY - New
$250,000Active1 beds 1 baths565 sq. ft.12601 Van Nuys Boulevard #119, Pacoima, CA 91331
MLS# SR26146185Listed by: REAL BROKER - New
$699,999Active2 beds 1 baths1,610 sq. ft.7805 Arcola, Sun Valley, CA 91352
MLS# SR26160376Listed by: KELLER WILLIAMS ENCINO/SHERMAN OAKS - New
$869,999Active3 beds 2 baths1,760 sq. ft.7928 Owensmouth, Canoga Park, CA 91304
MLS# SR26171144Listed by: PARK REGENCY REALTY - New
$369,000Active1 beds 1 baths610 sq. ft.5500 Owensmouth #218, Woodland Hills, CA 91367
MLS# SR26171555Listed by: RODEO REALTY