New

$3,000,000

For Sale

12 hours ago

217 S Avenue 54, Los Angeles, CA

Name: 217 S Avenue 54, For Sale in Los Angeles - eXp Realty
Brand: Remax Commercial and Investment Realty
SKU: 26665509
Price: 3000000 USD

MLS® 26665509

25 Bed

17 Bath

13223 sqft

17 Parking

Key Facts
Description
Map

Key Facts

Type Other

Levels Residential Income

Size 13223 sqft

Garage No

HOA Fees

Taxes

Days Active 0

Approx. Age 1964

Avg. Price Per Sqft $226

MLS® Number 26665509

Property Address: 217 S Avenue 54, Los Angeles, CA, 90042

Average square foot calculated using Size range provided by listing agent.

Description

We are proud to present an extremely rare 43-unit portfolio opportunity in Highland Park, one of LA's hottest and most sought-after sub-markets. 217 S Avenue 54, a 17-unit mid-century building, is 1 of 3 assets which is offered either individually or as part of the portfolio. Strategically located just one block from Figueroa Street and at the epicenter of Highland Park's most vibrant retail and dining corridor, the property was built in 1964 and features 13, 223 square feet of building situated on 15, 316 square feet of land, zoned RD2-1.The property boasts an excellent unit mix consisting of nine (2+1) units, seven (1+1) units, and one (0+1) unit. Offered for sale for the first time in 17 years, the asset presents a value-add opportunity with a compelling basis and potential to further enhance returns through rental upside and multiple ADU additions. With a Walk Score of 88 ("Very Walkable"), residents can accomplish most errands on foot and enjoy immediate access to the Gold Line and neighborhood favorites, including Highland Park Bowl, Kitchen Mouse Cafe, HomeState, Civil Coffee, The Arroyo Club, Mendocino Farms, Villas Tacos, and Jeni's Ice Cream. ASSET 2 OF 3: 5629 MONTE VISTA ST | 90042 (12 UNITS) See Listing Details ASSET 3 OF 3: 820 CHESTNUT AVE | 90042 (14 UNITS) See Listing Details DISCLOSURE: Buyers are advised to conduct independent, thorough due diligence, including but not limited to verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibility. **DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY **

MLS® Number26665509

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelLaundry Room

Exposure

Exterior

GarageNo

Approx. Age1964

Stories0

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 19, 2026List Date

$3,000,000List Price

Commute

Commute

Starting Address

Destination Address

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