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427 N Avenue 52

Los Angeles, CA 90042
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Bed 4

Bed

Bath 0

Bath

SqFt1,910

Sqft

SqFt7,380

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,325,000

AD Id : 84978474

MLS Id : 26847581

Beds : 4

Lot Size : 7,380 Sqft

Living Area Size : 1,910

Year Built : 1917

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 4

    Roofing Information

    Composition
  • Interior Features

    Roof: Composition
    Appliances: Dishwasher, Refrigerator
    Laundry Features: Inside
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace

  • Building Information

    Year Built: 1917
    Building Area Total: 1910
    Patio And Porch Features: Front Porch
    Private Pool: No

  • Lot Information

    Main Square Feet: 7380 Lot Size Acres: 0.1694 Lot Size Square Feet: 7,380

  • Listing Price Information

    Listing Price: $1325000
    Conventional, FHA, Fannie Mae, Freddie Mac

  • Tax Information

    Parcel Number: 5469017025

  • Location Information

    Direction: FROM 110 EXIT AVENUE 43, RIGHT ON N FIGUEROA ST, LEFT ON AVENUE 52. FROM 2 FREEWAY EXIT VERDUGO RD, GO SOUTH, LEFT ON EAGLE ROCK, RIGHT ON EL PASO DRIVE, LEFT ON ALDAMA ST, RIGHT ON AVENUE 52. Security Features: Gated Community
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Nearby Home Value

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712 1/2 N Chestnut Ave, Los Angeles, CA, 90042 $1,299,000 4 4 1,957 1,957 SqFt
829 Cooper Ave, Los Angeles, CA, 90042 $1,499,999 6 3 2,457 2,457 SqFt
6720 Ferrara Street, Los Angeles, CA, 90042 $1,098,000 6 3 2,454 2,454 SqFt
522 524 San Pascual Ave.., Los Angeles, CA, 90042 $2,300,000 11 10 --
859 Cresthaven Drive, Los Angeles, CA, 90042 $1,695,000 3 2 1,661 1,661 SqFt
523 Marie Avenue, Los Angeles, CA, 90042 $1,329,000 3 3 1,298 1,298 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 08/04/2026 @ 04:53

MLS: 26847581 LISTED BY: Ruben Davis, Ruben Davis 818-960-3600 SOURCE: CRMLS

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