Active

327 S Avenue 57

Los Angeles, CA 90042
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Bed 7

Bed

Bath 4

Bath

SqFt2,898

Sqft

SqFt5,048

Sqft(Lot)

**RATE BUY DOWN INCENTIVES AVAILABLE 4.125%** A unique opportunity to own a 4-unit income property in trendy Highland Park, close to Figueroa, and walkable to Highland Park Bowl, HomeState restaurant, Civil Coffee & Mendocino Farms. This property sits on a spacious 5,048 Sqft. lot that is zoned LARD 1.5 with a 42’x120’ dimension. The property consists of: (3) two beds & one bath; (1) one bed & one bath. Two of the 2 bed/1 bath units are approx. 750 sf and another is approx. 700 sf, with the one bedroom being around 600 sf. However, the 1 bed unit’s adjoining a large non-operating laundry room that is perfectly sized for an easy bedroom conversion to a 2 bed 1 bath in order to increase the rent in the future. The shared driveway allows each unit to access its one-car private carport space in the rear of the building, which may have the space for a potential ADU add-on above the four parking spots. This is a great value add-on opportunity for an investor to fix and renovate for a buy and hold or to flip. Additionally, the location offers convenient freeway access and proximity to Downtown LA, Pasadena, and the Metro Gold Line, making it ideal for those seeking the best of urban living in Highland Park. Whether for investment or personal use, this property offers a fantastic opportunity in one of the city's hottest neighborhoods. Unit 3 has been completely renovated and just rented out for $2,345.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,125,000

AD Id : 67173114

MLS Id : GD25225183

Beds : 7

Lot Size : 5,048 Sqft

Living Area Size : 2,898

Year Built : 1955

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Rolled/Hot Mop,Shingle Property Appliances: Gas Range,Refrigerator Fireplace: None Flooring: Laminate
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Wall Furnace Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1955 Building Area Total: 2,898 Construction: Stucco Roof: Rolled/Hot Mop,Shingle
  • Security Features

    Window Bars
  • Pool Features

    None

    Laundry Features

    Common Area

    Fencing

    Chain Link

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1159
  • Lot Size Source: Assessor Lot Size Square Feet: 5048

  • Listing Price Information

    Original List Price: 1,125,000 Listing Contract Date: 2025-09-24
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5492005023

  • Garage and Parking

    Garage Description: Carport

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas,Other,Trash Collection

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 632 - Highland Park Postal Code Plus 4: 5203 Directions: N of Via Marisol Zoning: LARD1.5 Source Property Type: Residential Income Area: 632 - Highland Park Property SubType: Quadruplex
  • Building and Construction

    Property Age: 71 Common Walls: 2+ Common Walls Property Condition: Fixer Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

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6141 Toltec, Los Angeles, CA, 90042 $1,775,000 9 6 3,179 3,179 SqFt
219 S Avenue 60, Los Angeles, CA, 90042 $1,049,000 4 2 1,677 1,677 SqFt
6035 Mesa, Los Angeles, CA, 90042 $979,500 3 3 2,148 2,148 SqFt
6035 Mesa, Los Angeles, CA, 90042 $979,500 1 3 2,148 2,148 SqFt
116 Ellita Place, Los Angeles, CA, 90042 $699,000 4 2 1,386 1,386 SqFt
116 Ellita Place, Los Angeles, CA, 90042 $699,000 4 2 1,386 1,386 SqFt
5048 E Echo Street, Los Angeles, CA, 90042 $899,000 4 4 3,648 3,648 SqFt
818 N Avenue 51, Los Angeles, CA, 90042 $950,000 3 3 1,202 1,202 SqFt

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ByOwner last updated this listing 06/21/2026 @ 10:24

MLS: GD25225183 LISTED BY: Levon Arzumanyan, The Agency - Studio City 747-977-3250 SOURCE: CRMLS

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