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    217 S Avenue 54 Los Angeles, CA 90042

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    Claim this Listing
    Pending
    $3,000,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    13,223 SF
    Lot size:
    0.35 Acres
    Added:
    Mar 19, 2026
    Days on Market:
    50
    Last Refresh:
    May 7 at 11:06 am

    Property Features for 217 S Avenue 54

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    LARD2
    Bedrooms
    25
    Bathrooms
    17
    Rooms
    Bathroom 7, Bedroom 18, Bedroom 20, Bedroom 25, Bathroom 1, Bedroom 19, Bedroom 16, Bathroom 16, Bedroom 7, Bathroom 2, Laundry Room, Bathroom 6, Bathroom 12, Bathroom 3, Bedroom 1, Bedroom 23, Bedroom 10, Bedroom 3, Bedroom 13, Bedroom 12, Bedroom 14, Bedroom 24, Bathroom 5, Bathroom 10, Bedroom 11, Bedroom 22, Bathroom 17, Bedroom 5, Bathroom 8, Bedroom 8, Bedroom 4, Bathroom 4, Bathroom 13, Bedroom 2, Bedroom 15, Bathroom 15, Bedroom 6, Bedroom 21, Bathroom 14, Bedroom 9, Bathroom 9, Bedroom 17, Bathroom 11
    Parking
    17
    Parking features
    Carport
    Standard status
    Pending
    APN
    5468-013-039
    Size
    13,223 SF
    Lot size
    0.35 Acres

    Utilities

    Cooling system
    Wall/Window Unit(s)

    Building Details

    Year built
    1964
    Floors in Building
    2
    Number of units
    17

    We can help!

    Listing Contact
    Eric Dilanian
    Eric Dilanian

    Listing agent Eric Dilanian License #01951699

    Listing office Remax Commercial and Investment Realty 99 S Lake Ave., Torrance, CA

    Listing date Mar 19, 2026

    MLS# 26665509 Listing URL

    Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Rare 43‑unit portfolio opportunity in highly desirable Highland Park, Los Angeles.
    • 17‑unit building (217 S Avenue 54) offered individually or as part of a portfolio.
    • Prime location: one block from Figueroa Street in the heart of Highland Park's retail and dining district.
    • Value‑add potential through rental upside and possible ADU additions.
    • Excellent unit mix: nine (2+1) units, seven (1+1) units, and one (0+1) unit.
    • High Walk Score (88) with convenient access to the Gold Line and local amenities.

    Overview

    Highland Park Multifamily Investment Opportunity

    This offering presents a rare opportunity to acquire a 17-unit mid-century building, part of a 43-unit portfolio, in the highly desirable Highland Park neighborhood of Los Angeles. Located one block from Figueroa Street, the property is situated at the heart of Highland Park's vibrant retail and dining scene. Constructed in 1964, the building encompasses 13,223 square feet on a 15,316-square-foot lot, zoned RD2-1. The unit mix is comprised of nine 2-bedroom, 1-bathroom units, seven 1-bedroom, 1-bathroom units, and one studio apartment. This asset, offered for sale for the first time in 17 years, represents a value-add opportunity with potential for increased returns through rental upside and the addition of Accessory Dwelling Units (ADUs). With a Walk Score of 88, residents benefit from the ability to complete most errands on foot and enjoy convenient access to the Gold Line and local amenities, including restaurants and entertainment venues. Buyers are advised to conduct thorough due diligence to verify all relevant details, including square footage, unit count, zoning, and the feasibility of ADU construction. The property is located at 217 S Avenue 54, Los Angeles, CA 90042.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.195444
    Latitude
    34.105326

    FAQs

    What type of property is this?
    Apartment building - 43-unit portfolio in prime Highland Park location.
    Where is this apartment building located?
    The property is located at 217 S Avenue 54 Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Rare 43‑unit portfolio opportunity in highly desirable Highland Park, Los Angeles.; 17‑unit building (217 S Avenue 54) offered individually or as part of a portfolio.; Prime location: one block from Figueroa Street in the heart of Highland Park's retail and dining district.
    More about this property
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