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5/281 South Ave 52

Los Angeles CA 90042

43
24
1
19828 sq. ft.
29724 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

43 bedrooms
24 bathrooms
1 carspace
19828 sq. ft. floor area
29724 sq. ft. lot size
Other

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Local market activity for 43 bedroom other properties in Los Angeles

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