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281 Avenue 52, Los Angeles, CA 90042
Priced at Only: $4,208,888
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Address: 281 Avenue 52, Los Angeles, CA 90042
Property Location and Similar Properties
- MLS#: 26660709 ( )
- Street Address: 281 Avenue 52
- Viewed: 5
- Price: $4,208,888
- Price sqft: $0
- Waterfront: No
- Year Built: 1961
- Bldg sqft: 0
- Days On Market: 10
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90042
- Provided by: Seth Polen
- Contact: Seth Seth

- DMCA Notice
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DescriptionThis 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 to 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.
Features
Appliances
- Refrigerator
Building Area Total
- 19828.00
Country
- US
Direction Faces
- South
Heating
- Wall Furnace
Levels
- Two
Netoperatingincome
- 212075.00
Parcel Number
- 5468013045
Parking Features
- Covered
- Carport
- Controlled Entrance
- Parking Space
- Street
Postalcodeplus4
- 4530
Security Features
- Gated Community
- Automatic Gate
Sourcesystemkey
- 26660709:CLAW
Totalexpenses
- 201208.00
Year Built
- 1961
Zoning
- LARD2
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com









