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281-287 S. Avenue 52

5209-5213 Glen Ellen Pl

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Overview

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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.

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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.

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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

  • Excellent Unit Mix Comprised of Mostly 2-Bedroom Units

  • Significant Upside Potential

  • Large 29,751 Square Foot Lot

  • Easy Access to Trendy Restaurants and Lifestyle Amenities

  • Conveniently Located Close to Metro Gold Line and 110 Freeway

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Summary

UNITS

24

BUILT

1926/1961

GROSS SF

19.828

LOT SF

29,724

APN

5468-013-045

ZONING

LARD2

Highland Park

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Contacts

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SETH POLEN

DIRECTOR

213.595.5726

s.spolen@gmail.com

CA DRE 01133279

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Lacy Real Estate

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