217 S Avenue 54
Los Angeles, CA, 90042
$3,000,000
25 Beds
17 Baths
13,223 SqFt
0.35 Acres
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MLS #26665509 image #0
We are proud to present an extremely rare 43-unit portfolio opportunity in Highland Park, one of LA’s hottest and most sought-after sub-markets. 217 S Avenue 54, a 17-unit mid-century building, is 1 of 3 assets which is offered either individually or as part of the portfolio. Strategically located just one block from Figueroa Street and at the epicenter of Highland Park’s most vibrant retail and dining corridor, the property was built in 1964 and features 13,223 square feet of building situated on 15,316 square feet of land, zoned RD2-1.The property boasts an excellent unit mix consisting of nine (2+1) units, seven (1+1) units, and one (0+1) unit. Offered for sale for the first time in 17 years, the asset presents a value-add opportunity with a compelling basis and potential to further enhance returns through rental upside and multiple ADU additions. With a Walk Score of 88 (“Very Walkable”), residents can accomplish most errands on foot and enjoy immediate access to the Gold Line and neighborhood favorites, including Highland Park Bowl, Kitchen Mouse Cafe, HomeState, Civil Coffee, The Arroyo Club, Mendocino Farms, Villas Tacos, and Jeni’s Ice Cream. ASSET 2 OF 3: 5629 MONTE VISTA ST | 90042 (12 UNITS) See Listing Details ASSET 3 OF 3: 820 CHESTNUT AVE | 90042 (14 UNITS) See Listing Details DISCLOSURE: Buyers are advised to conduct independent, thorough due diligence, including but not limited to verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibility. **DO NOT DISTURB TENANTS OR WALK ON PROPERTY – DRIVE BY ONLY **

Property Details

Price:
$3,000,000
MLS #:
26665509
Status:
Pending
Beds:
25
Baths:
17
Type:
Single Family
Neighborhood:
632highlandpark
Listed Date:
Mar 19, 2026
Finished Sq Ft:
13,223
Total Sq Ft:
13,223
Lot Size:
15,316 sqft / 0.35 acres (approx)
Year Built:
1964
632 – Highland Park632highlandpark

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Schools

Interior

Cooling
WW
Heating
WL
Laundry Features
IR
Levels
U

Exterior

Attached Garage YN
1
Parking Spots
17
Parking Total
17

Financial

Gross Operating Income
$278,724
Net Operating Income
$154,176

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of May 13, 2026
10,185
Single Family Listed
97
Avg DOM
496
Avg $ / SqFt
$1,537,543
Avg List Price

Property Summary

    217 S Avenue 54 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90042. It is listed for $3,000,000 and features 25 beds, 17 baths, and has approximately 13,223 square feet of living space, and was originally constructed in 1964. The current price per square foot is $227. The average price per square foot for Single Family listings in Los Angeles is $496. The average listing price for Single Family in Los Angeles is $1,537,543.

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217 S Avenue 54
Los Angeles, CA