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327 S Avenue 57

Los Angeles, CA 90042
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Bed 7

Bed

Bath 4

Bath

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 : ResidentialIncome

Price : $1,125,000

AD Id : 67173114

MLS Id : GD25225183

Beds : 7

Lot Size : 5,048 Sqft

Year Built : 1955

County : Los Angeles

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Feature Features

  • Interior Features

    Roof: RolledHotMop, Shingle
    Appliances: GasRange, Refrigerator
    Laundry Features: CommonArea
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1955
    Building Area Total: 2898
    Construction Materials: Stucco
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 5048 Lot Size Acres: 0.1159 Lot Size Source: Assessor Lot Size Square Feet: 5,048 Lot Description: ZeroToOneUnitAcre

  • Listing Price Information

    Listing Price: $1125000
    Original Price: $1175000
    Conventional, OwnerWillCarry, OwnerMayCarry

  • Tax Information

    Parcel Number: 5492005023 Tax Lot: 14 Tax Block: 10

  • Location Information

    Direction: N of Via Marisol WaterSource: Public Security Features: WindowBars
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
855 San Pascual Avenue, Los Angeles, CA, 90042 $1,248,000 3 3 --
855 San Pascual Avenue, Los Angeles, CA, 90042 $1,248,000 3 3 1,779 1,779 SqFt
846 San Pascual, Los Angeles, CA, 90042 $938,000 6 4 --
5903 Tipton, Los Angeles, CA, 90042 $1,199,900 3 3 948 948 SqFt
6236 Arroyo Glen St, Los Angeles, CA, 90042 $995,000 8 4 --
6141 Toltec, Los Angeles, CA, 90042 $1,775,000 9 6 --
6035 Mesa, Los Angeles, CA, 90042 $849,500 3 3 --
6035 Mesa, Los Angeles, CA, 90042 $849,500 1 3 2,148 2,148 SqFt
5620 Stratford, Los Angeles, CA, 90042 $1,399,000 8 4 --
5428 5430 Meridian Street, Los Angeles, CA, 90042 $829,000 2 -- 1,264 1,264 SqFt

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ByOwner last updated this listing 08/20/2026 @ 20:07

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

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