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Listed by: Seth Polen (213) 595-5726 DRE #01133279 | Seth Polen (213) 595-5726
$3,998,888
Monthly Est:$19,904
43 Beds
24 Baths
19,828sqft
281 S Avenue 52, Los Angeles, CA 90042
$3,998,888
$19,904/moEst:
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Multi Family
Built in 1961
$-- HOA
29,724 sqft lot
$202/sq.ft
Description
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. Currently there are two Vacant Units 1BR/1BA and 2BR/1BA.
- Houzeo last checked: 12 hours ago
- Listing updated: November 3, 2026 at 2:02 am
- Source: California Regional MLS-CA | MLS#: 26660709
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1961
HOA Fees
-
Finished Area
19,828 sqft
Lot Size
29,724 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26660709
MLS Status
Active
Days on Market
242
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 43
Bathrooms: 24
Interior
Appliances
Refrigerator
Heating
Wall Furnace
Utilities & Energy
Security Features
Security Gate, Gated Community
Parking Features
Controlled Entrance, Covered, Carport, One Space, On Street
Other Features
Community Features
Gated
Price History
| Date | Event | Price |
|---|---|---|
08/05/2026 Source: | Price Decreased | $3,998,888 -2.20% $202/sqft |
05/11/2026 Source: | Price Decreased | $4,088,888 -2.39% $206/sqft |
04/20/2026 Source: | Price Decreased | $4,188,888 -0.48% $211/sqft |
03/05/2026 Source: | Price Decreased | $4,208,888 -7.07% $212/sqft |
04/19/2025 Source: | Price Decreased | $4,528,888 -3.41% $228/sqft |
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Highland Park Ranks #132 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 02, 2026, 02:15PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
