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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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281 S Avenue 52 Los Angeles, CA 90042
$3,998,888 43 beds, 24 baths
19, 828 sqft
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Agent Remarks

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 Details

Property type: (Multi-Family)
Status: Active
MLS# 26660709
List price is $3,998,888 Reduced by $90,000 on 8/6/2026
Beds: 43
Baths: 24
Built in 1961
19,828 sqft
2 stories
0.68 acres
Lot size: 0.6824
County: Los Angeles
Zoning: LARD2
Appliances: Refrigerator
Parking description: Controlled Entrance,Covered,Carport,One Space,On Street
Heating description: Wall Furnace
MLS area: 632 - Highland Park

Last Updated: 9/25/2026

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This listing belongs to the 632 - Highland Park MLS area

Lat/Long: 34.103522, -118.196731.
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Listing Agent: Seth Polen
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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