Los Angeles, CA 90008
LISTING CRE
281-287 S. Avenue 52
5209-5213 Glen Ellen Pl
Overview
Lacy Real Estate is delighted to present a charming 24-unit apartment building in the red-hot Los Angeles neighborhood of Highland Park. Built in 1926, this 19,828 improvement is situated on a large 29,751 SF lot. The unit mix is comprised of 5 (1 Bed/1 Bath) Units, 18 (2 Bed/1 Bath) Units, and 1 (2 Bed/2 Bath) Units.
Tenants benefit from the property’s close proximity to Downtown LA’s major employers by way of the 110 freeway. Alternatively, the property is within a short distance to the Metro Gold line, immediately connecting the passengers to neighboring South Pasadena, Pasadena, and DTLA.
Residents additionally have access the vibrant lifestyle of Highland Park thanks to its short distance to Figueroa Street's trendy shops, restaurants, and amenities.
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Rare 24-Unit Offering in Prime Highland Park
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Excellent Unit Mix Comprised of Mostly 2-Bedroom Units
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Significant Upside Potential
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Large 29,751 Square Foot Lot
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Easy Access to Trendy Restaurants and Lifestyle Amenities
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Conveniently Located Close to Metro Gold Line and 110 Freeway
Summary
UNITS
24
BUILT
1926/1961
GROSS SF
19.828
LOT SF
29,724
APN
5468-013-045
ZONING
LARD2