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43 Beds
24 Baths
19,828 sqft

$4,208,888

281 S Avenue 52, Los Angeles CA, 90042

Price per sqft$212.27
Built in1961
Property size19,828 sqft
Property typeResidential
test courtesy

Overview

Active

Listed Mar 5, 2026

Updated 4 weeks ago

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.

$28,002/mo

Est. mortgage payment based on a $4,208,888 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26660709

Interior Features

Bedrooms
43
Bathrooms
24

Exterior Features

Lot Size
0.68 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Broker Reciprocity Courtesy of Seth Polen, Seth Polen

Riff Rifferson - Full Name

- Phone Number

[email protected] - Email

- Brokerage Name

78108 - MLS License Number

 

Data last updated 12:15 PM UTC, 9/13/2026

 

Based on information from California Regional Multiple Listing Service, Inc. as of 9/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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