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281 S Avenue 52

Los Angeles, CA 90042
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Bed 43

Bed

Bath 24

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 : ResidentialIncome

Price : $3,998,888

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 beds: 43

    Bathroom Information

    Total Baths: 24
  • Interior Features

    Appliances: Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace

  • Building Information

    Year Built: 1961
    Building Area Total: 19828
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 29724 Lot Size Acres: 0.6824 Lot Size Source: Assessor Lot Size Square Feet: 29,724

  • Listing Price Information

    Listing Price: $3998888
    Original Price: $4208888
    Cash

  • Tax Information

    Parcel Number: 5468013045

  • Location Information

    Direction: Just South of Figueroa Street, corner of S Ave 52 & Glen Ellen Place; Security Features: SecurityGate,GatedCommunity
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Nearby Home Value

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1029 N Staley Lane, Los Angeles, CA, 90042 $2,189,000 4 3 2,977 24,829 Sqft
951 N Avenue 66, Los Angeles, CA, 90042 $1,929,000 4 3 2,899 8,581 Sqft
6720 Ferrara Street, Los Angeles, CA, 90042 $1,098,000 6 3 2,454 7,502 Sqft
522 524 San Pascual Ave.., Los Angeles, CA, 90042 $2,300,000 11 10 -- 12,900 Sqft
545 N Avenue 67, Los Angeles, CA, 90042 $1,100,000 3 1 1,081 10,316 Sqft
859 Cresthaven Drive, Los Angeles, CA, 90042 $1,695,000 3 2 1,661 4,351 Sqft
211 Chestnut, Los Angeles, CA, 90042 $724,999 2 2 1,120 4,789 Sqft
6417 Crescent Street, Los Angeles, CA, 90042 $1,000,000 5 3 1,693 5,734 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/12/2026 @ 12:19

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

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