281 S Avenue 52, Los Angeles, CA — listing photo 1
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FOR SALE

281 S Avenue 52

Los Angeles, CA 90042
43 Beds
24 Baths
19,828 Sq Ft
Built 1961
$3,998,888
Price ReducedWas $4,208,888 — $3,998,888 (-$210,000)

Property Overview

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 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.

Home Details

Property type
Residential Income
Year built
1961
Living area
19,828 sq ft
Lot size
29,724 sq ft
Parking
26 spaces
Days on market
230
MLS status
Active
Zoning
LARD2

Features & Amenities

Appliances

  • Refrigerator

Parking

  • Controlled Entrance
  • Covered
  • Carport
  • One Space
  • On Street

Security

  • Security Gate
  • Gated Community

Community, Schools & Utilities

Schools

School district
Los Angeles Unified

Utilities

Heating
WallFurnace
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Location & Neighborhood

281 S Avenue 52

Los Angeles, CA 90042

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Frequently Asked Questions About 281 S Avenue 52

Property type: Residential Income

The current asking price is $3,998,888. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 281 S Avenue 52. Our team will confirm availability and timing.
This 43 bedrooms and 24 bathrooms property offers approximately 19,828 square feet of living space. It was built in 1961. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 230 days. Status can change, so verify availability before relying on it.

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“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Seth Polen
MLS ID: CLW-X68608

Available property

$3,998,888

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.