Active

281 S Avenue 52

Los Angeles, CA 90042
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Bed 43

Bed

Bath 0

Bath

SqFt19,828

Sqft

SqFt29,724

Sqft(Lot)

This offering presents an excellent opportunity to acquire a 24-unit apartment community located in the highly desirable Highland Park neighborhood of Los Angeles. Built in 1961, the property consists of approximately 19,828 square feet of improvements situated on a 29,724 square foot lot. The unit mix includes 5 one-bedroom / one-bath units, 18 two-bedroom / one-bath units, and 1 two-bedroom / two-bath unit, offering a strong configuration that supports long-term tenant demand.Residents benefit from the property's proximity to Downtown Los Angeles via the 110 Freeway and convenient access to the Metro Gold Line, connecting Highland Park to South Pasadena, Pasadena, and DTLA. The property is also located near the vibrant Figueroa Street retail corridor, providing tenants with easy access t o Highland Park's popular restaurants, cafes, shops, and neighborhood amenities. Opportunities to acquire assets of this scale in Highland Park remain limited, as the neighborhood is largely built-out and new multifamily development remains constrained.

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Detail Ic Property Details

Property Type : Residential Income

Price : $4,088,888

AD Id : 75887778

MLS Id : 26660709

Beds : 43

Lot Size : 29,724 Sqft

Living Area Size : 19,828

Year Built : 1961

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 43

    Bathroom Information

    Total Baths: 24 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Refrigerator
  • Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1961 Building Area Total: 19,828
  • Security Features

    Security Gate,Gated Community

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.6824
  • Lot Size Source: Assessor Lot Size Square Feet: 29724

  • Listing Price Information

    Original List Price: 4,088,888 Listing Contract Date: 2026-03-05
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5468013045

  • Garage and Parking

    Garage Description: Controlled Entrance,Covered,Carport,One Space,On Street

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 632 - Highland Park Postal Code Plus 4: 4530 Directions: Just South of Figueroa Street, corner of S Ave 52 & Glen Ellen Place; Zoning: LARD2 Source Property Type: Residential Income Area: 632 - Highland Park
  • Building and Construction

    Property Age: 65 Year Built Source: Vendor Enhanced Total Square Feet Living: 19828 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Stoll Drive, Los Angeles, CA, 90042 $1,199,999 4 3 1,586 1,586 SqFt
912 Adelante, Los Angeles, CA, 90042 $1,428,000 3 2 1,530 1,530 SqFt
820 Chestnut Avenue, Los Angeles, CA, 90042 $2,295,000 16 -- 10,492 10,492 SqFt
1029 N Staley Lane, Los Angeles, CA, 90042 $2,179,000 4 3 2,977 2,977 SqFt
712 1/2 N Chestnut Ave, Los Angeles, CA, 90042 $1,299,000 4 4 1,957 1,957 SqFt
969 N Staley, Los Angeles, CA, 90042 $2,220,000 4 3 3,150 3,150 SqFt
943 N Avenue 66, Los Angeles, CA, 90042 $1,929,000 4 3 2,899 2,899 SqFt
829 Cooper Ave, Los Angeles, CA, 90042 $1,590,000 6 3 2,457 2,457 SqFt
932 N Avenue 65, Los Angeles, CA, 90042 $1,795,000 5 2 2,906 2,906 SqFt
6720 Ferrara Street, Los Angeles, CA, 90042 $1,148,000 6 -- 2,454 2,454 SqFt

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ByOwner last updated this listing 06/12/2026 @ 20:28

MLS: 26660709 LISTED BY: Seth Polen, Seth Polen 213-595-5726 SOURCE: CRMLS

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