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Highland Park Four-Unit Income Property
For Sale
Contact for pricing
Pending

327 S Avenue 57, Los Angeles, CA 90042

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

Property SizeContact for details
Lot Size0.12 Acres
Days on Market327

Property Features for 327 S Avenue 57

General Information

Standard status Pending
Lot size 0.12 Acres
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 1
Stories 2
Units 4
Listing Agency: The Agency - Studio City
Listed By: Levon Arzumanyan · License #01836944
Source: Crexi
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 13 at 12:10PM

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

Investment Insights

Based on property information with market context.

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.

Key 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.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Building Supply Travel Agency Daycare Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,349
Businesses Nearby

Demographics for 90042, CA

58,295
Population
22,630
Households
2.6
Avg Household Size
37
Median Age
40%
College-Educated
81%
High-School Grad
4.5 sq mi
ZIP Area
12,954
Density / Sq Mi
$94,401
Median Household Income
$49,804
Median Earnings
$1,853
Median Rent
$940,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

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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