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. Currently there are two Vacant Units 1BR/1BA and 2BR/1BA.
Property Details
Price:
$3,998,888
MLS #:
26660709
Status:
Active
Beds:
43
Baths:
24
Type:
Single Family
Neighborhood:
632highlandpark
Listed Date:
Mar 5, 2026
Finished Sq Ft:
19,828
Total Sq Ft:
19,828
Lot Size:
29,724 sqft / 0.68 acres (approx)
Year Built:
1961
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Appliances
Refrigerator
Heating
Wall Furnace
Levels
Two
Exterior
Direction Faces
South
Open Parking YN
1
Parking Features
Covered, Carport, Controlled Entrance, Parking Space, On Street
Parking Spots
26
Parking Total
26
Security Features
Gated Community, Automatic Gate
Financial
Map
Community
- Address281 S Avenue 52 Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90042
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 27003
- 32524
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Bungalow Land
- Canyon Shores
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Downtown
- Elysian Valley
- Floristan Hts
- Glen Terrace
- Gramercy Park
- Hacienda Tularosa
- Highland Park Extension
- Hollywood Dell
- Koreatown, Los Angeles
- Lago Vista
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Los Angeles Southwest C 34
- Lucile Court
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable – 1007242
- Not Applicable-105
- Ocean Park Villa
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Picfair Village
- Pickford Court
- Savoy
- Silver Strand
- Subdivision Name / Tract: 5609
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Walter’s Moneta Ave and Figueroa St Tract
- Westmont WMON
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Nov 04, 2026
5,364
Single Family Listed
99
Avg DOM
526
Avg $ / SqFt
$1,978,422
Avg List Price
Property Summary
- 281 S Avenue 52 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90042. It is listed for $3,998,888 and features 43 beds, 24 baths, and has approximately 19,828 square feet of living space, and was originally constructed in 1961. The current price per square foot is $202. The average price per square foot for Single Family listings in Los Angeles is $526. The average listing price for Single Family in Los Angeles is $1,978,422.
Similar Listings Nearby
281 S Avenue 52
Los Angeles, CA


