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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.

 

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

  • 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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