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$4,528,888
Est. payment /mo
43 Beds
24 Baths
19,828 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 19,828 sqft
Price per Sqft $228
MLS Listing ID 24438803
Bedrooms 43
HOA Y/N No
Year Built 1961
Lot Size 0.682 Acres
Property Description
The subject property is a rare 24-Unit opportunity in Highland Park; offered at $4,528,888 ($188,704/Unit | $228/SF). Built in 1961, the property features a strong mix of mostly two-bedroom units on a large 29,751 SF lot with 26 parking spaces. Residents enjoy a 95 Walk Score, easy access to the Metro Gold Line & 110 Freeway, and proximity to Figueroa & York's vibrant retail and dining scene. With below-market rents, ADU potential (up to 8 units), and CAP rate upside from 4.53% to 7.27%, this asset combines stable income with significant growth potential.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LARD2
Interior
Heating Wall Furnace
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Controlled Entrance, Covered, Carport, One Space, On Street
Community Features Gated
Total Parking Spaces 26
Building
Faces South
Entry Level Two
Level or Stories Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5468013045
Security Features Security Gate,Gated Community
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Listed by Seth Polen Seth Polen
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