$4,088,888
-$100,000281 S Avenue 52, Los Angeles CA 90042
Multi-Family (24 Units)
Property type
92 days
On market
$206
Price per sqft
N/A
Garage
1961
Year built
29,724 sqft
Lot size
Open Houses
Overview
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,...
Listing provided by: Seth Polen DRE #01133279 213-595-5726, Seth Polen
Listing updated: May 11, 2026 at 10:04pm.
Last checked: Jun 5, 2026 at 01:30pm
Source: CRMLS #26660709
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 5 | 1 | 1 | — | $1,250 | $6,253 | $1,650 | Unfurnished |
| 18 | 2 | 1 | — | $1,511 | $27,206 | $1,850 | Unfurnished |
| 1 | 2 | 2 | — | $1,675 | $1,675 | $2,200 | Unfurnished |
# of Buildings: 4
# of Units Total: 24
Refrigerator: 24
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
9.7x
List Price / Annual Gross Rent
Cap Rate
5.04%
NOI / List Price
Vacancy Allowance Rate: 3%
Net Operating Income: $212,075
Interior
Heating: Wall Furnace
Appliances: Refrigerator
Exterior
Stories Total: 0
Levels: Two
Direction Faces: South
Security Features: Security Gate, Gated Community
Garage and Parking
Parking: Controlled Entrance, Covered, Carport, One Space, On Street
Parking Total: 26
Lot Information
Land Lease: No
Parcel #: 5468013045
Zoning: LARD2
Community
HOA: No
Senior Community: No
Community Features: Gated
High School District: Los Angeles Unified
Nearby Schools
Nearby schools around the 281 S Avenue 52, Los Angeles, CA 90042. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,271,110
Total Interest
$4,172,121
Total Payment
$7,443,231
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$25,085
per month
Property History for 281 S Avenue 52
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90042.
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