$ 4,208,888
-
$4,208,888
Price -
43
Bed -
24
Bath -
19,828
SqFt
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About the Listing X83590 - X68608
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.
Listing Highlights
Status
Active
Days on Site
16
Property Type
Multi-Family
MLS ®
26660709
Year Built
1961
Total Square Footage
19,828
Lot/Acreage
0.68
County
Los Angeles
Interior Details
- Bedrooms: 43
- Bathrooms: 24 Full
- Appliances:
- Air Cond: Wall Unit(s)
- Heating: Wall
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 26
- Zoning: LARD2
- Roof:
- Others:
- Sewer:
- Parking Features: Covered Parking,Carport,Controlled Entrance,Parking Space,On street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
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Questions About..
281 S Avenue 52 Los Angeles, CA 90042
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