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327 S Avenue 57 Los Angeles, CA 90042

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For Sale
$1,125,000

Four-unit property in Highland Park with value-add potential.

Type:Multifamily
Lot size:
0.12 Acres
Added:
Sep 25, 2025
Days on Market:
189
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

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Listing Contact
Levon Arzumanyan

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


Overview

Highland Park Four-Unit Income Property

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.
Location Intelligence

Current Use by Public Records

Quadplexes

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
-118.19199
Latitude
34.104609

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.
More about this property
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