Highland Park Four-Unit Income
327 S Avenue 57, Los Angeles, CA 90042
Four-unit property in Highland Park with value-add potential.
Type:Multifamily
Lot size:
0.12 Acres- Added:
- Sep 25, 2025
- Days on Market:
- 235
- Last Refresh:
- Mar 18 at 7:49 am
Property Features for 327 S Avenue 57
General Information
- Standard status
- Active
- Lot size
- 0.12 Acres
- Property subtype
- Multifamily
Listing agent Levon Arzumanyan License #01836944
Listing office The Agency - Studio City
Listing date Sep 25, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The Agency - Studio City
HighLights
- Rate buy down incentives available (4.125%).
- Four‑unit income property in trendy Highland Park location near Figueroa.
- Value‑add opportunity: potential to convert laundry room into a bedroom to increase rent.
- Each unit has access to a one‑car private carport in the rear.
- Potential for ADU add‑on above the four parking spots.
- Convenient freeway access and proximity to Downtown LA, Pasadena, and the Metro Gold Line.
Overview
This four-unit income property is located in Highland Park, near Figueroa. The property is within walking distance of Highland Park Bowl, HomeState restaurant, Civil Coffee, and Mendocino Farms. Situated on a 5,048 square foot lot zoned LARD 1.5 with dimensions of 42x120, the property features three two-bedroom, one-bath units and one one-bedroom, one-bath unit. Two of the two-bedroom units are approximately 750 square feet, while the third is approximately 700 square feet. The one-bedroom unit is around 600 square feet and adjoins a large, non-operating laundry room that could be converted into a bedroom to increase rental income. A shared driveway provides access to individual one-car carport spaces for each unit at the rear of the building, with potential for an ADU above the parking spots. This property presents a value-add opportunity for investors looking to renovate and hold or flip. The location offers convenient freeway access and proximity to Downtown LA, Pasadena, and the Metro Gold Line. Unit 3 has been completely renovated and recently rented for $2,345.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.19199
- Latitude
- 34.104609
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit property in Highland Park with value-add potential.
Where is this quadplex located?
The property is located at 327 S Avenue 57 Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Rate buy down incentives available (4.125%).; Four‑unit income property in trendy Highland Park location near Figueroa.; Value‑add opportunity: potential to convert laundry room into a bedroom to increase rent.
