About 281 S Avenue 52
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.
Features of 281 S Avenue 52
| MLS® # | 26660709 |
|---|---|
| Price | $3,998,888 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Square Footage | 19,828 |
| Lot Size | 29,724 |
| Year Built | 1961 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 24 |
Community Information
| Address | 281 S Avenue 52 |
|---|---|
| Area | 632 - Highland Park |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90042 |
Amenities
| Parking Spaces | 26 |
|---|---|
| Parking | Carport, Controlled Entrance, Covered, One Space, On Street |
| Garages | Carport, Controlled Entrance, Covered, One Space, On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Refrigerator |
|---|---|
| Heating | Wall Furnace |
| Has Basement | No |
| Fireplace | No |
| Stories | Two |
School Information
| District | Los Angeles Unified |
|---|
Additional Information
| Date Listed | March 5th, 2026 |
|---|---|
| Days on Market | 187 |
| Zoning | LARD2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Seth Polen |
|---|---|
| Office | Seth Polen |