281 Avenue 52

Los Angeles, CA, 90042
For Sale $4,208,888
  • 43beds
  • 19,828sqft
  • 0.68acre
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.

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Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Seth Polen with Seth Polen
281 Avenue 52 is a Residential Income property located in Los Angeles, California, featuring a 0.682 acre lot, 19,828 sqft, 43 bedrooms, MLS #26660709.

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Data last modified: 2026-03-13 07:20:00