281 S Avenue 52 Los Angeles, CA ^$ 4,528,888

281 S Avenue 52

^$ 4,528,888

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281 S Avenue 52

Los Angeles, CA, 90042

^$ 4,528,888

Bedrooms43 Baths5.0 Sq 19,828

Monthly Estimate*

^$ 28,254

Listed by Seth Polen

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Multi-Family Home for sale in Los Angeles, CA

for $4,528,888 with 43 bedrooms and 5 full baths. This 19,828 square foot home was built in 1961 on a lot size of 0.6824.

The subject property is a rare 24-Unit opportunity in Highland Park; offered at $4,528,888 ($188,704/Unit | $228/SF). Built in 1961, the property features a strong mix of mostly two-bedroom units on a large 29,751 SF lot with 26 parking spaces. Residents enjoy a 95 Walk Score, easy access to the Metro Gold Line & 110 Freeway, and proximity to Figueroa & York's vibrant retail and dining scene. With below-market rents, ADU potential (up to 8 units), and CAP rate upside from 4.53% to 7.27%, this asset combines stable income with significant growth potential.

Multi-Family Active

Price

^$ 4,528,888

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.6824

Year Built

1961

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24438803

Days on Market

474

Features

General

Living Area 19828

Heating Wall Furnace

Appliances Refrigerator

Zoning LARD2

Security Features Security Gate Gated Community

Year Built 1961

Stories Count 2

Levels Two

Gross Income 398341

Community Features Gated

County Los Angeles

Net Operating Income 205665

New Construction 0

Property Type Residential Income

HOA 0

Facing Direction South

Full Baths 0

Special Listing Conditions Standard

Status Active

Buyer Financing Cash

Directions Just South of Figueroa Street corner of S Ave 52 & Glen Ellen Place;

City Los Angeles

Senior Community Y/N 0

High School District Los Angeles Unified

Number Of Units Total 24

MLS Area 632 - Highland Park

Lot Size Units Square Feet

Lot Size Square Feet 29724

Carport Y/N 1

Listing Terms Cash

Rent Control Y/N 1

Standard Status Active

Cap Rate 4.53

Interior

Total Stories 0

Heating Y/N 1

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 43

Total Baths 24

Exterior

Parking Features Controlled Entrance Covered Carport One Space On Street

Total Parking 26

Lot Size Area 29724

Number of Buildings 4

Building Area Total 19828

Lot Size Acres 0.6824

Lot Size Source Assessor

* Excluded Features

List By

Seth Polen

Broker

s.spolen@gmail.com

Affordability Calculator

$28,254

Per Month

Monthly Principal & Interest: $28,254
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,941,045

Percent of Sale Price 57%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$4,528,888		Listed Price

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281 S Avenue 52, Los Angeles, CA, 90042 is a Multi-Family Home for sale at $4,528,888 with 19,828 sqft and a lot size of 0.6824. 281 S Avenue 52 has 43 bedrooms, 5.0 baths, and was built in 1961. The property's zip code is 90042 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/27/2025. 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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281 S Avenue 52

Multi-Family Home for sale in Los Angeles, CA

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