List Search

281 S Avenue 52
Los Angeles, CA 90042 Highland Park

$4,888,888 USD

Apartments For Sale  •  19,828 SF

Property Details

  • Property Type Apartments
  • Total Building Size 19,828 SF
  • Lot Size 0.68 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 4.05 %
  • Zoning LARD2
58 Transit Score
85 Walk Score

Highlights

Excellent Unit Mix Comprised of Mostly 2-Bedroom Units;
Large 29,751 Square Foot Lot Zoned LARD2
There are 26 parking spaces on property.
2021 pool perimeter fencing installed
2022 sub-panels updated
Conveniently Located Close to Metro Gold Line and 110 Freeway

Property Flyers

Financial Summary (Actual)

Net Operating Income: $198,115 USD (2023)
Cap Rate: 4.05 %
Total Expenses: $178,024 USD

Amenities

  • Disposal
  • Laundry Facilities
  • Gated
  • Heating
  • Kitchen
  • Oven
  • Range

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 5.9 mi
Cal State La Metrolink Station (Metrolink San Bernardino Line - Metrolink Trains) 12 min - 8.7 mi
Transit/SubwayDriveWalkDistance
Highland Park Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 15 min 0.8 mi
Southwest Museum Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 16 min 0.8 mi
AirportDriveWalkDistance
Bob Hope 23 min - 16.6 mi
Los Angeles International 31 min - 19.7 mi
Long Beach (Daugherty Field) 36 min - 25.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
Seth Polen 213-595-5726 Lacy Real Estate
Seth Polen 213-595-5726 Lacy Real Estate