Los Angeles, CA 90042,327 S Avenue 57
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Los Angeles, CA 90042,327 S Avenue 57
Los Angeles, CA 90042,327 S Avenue 57
Los Angeles, CA 90042,327 S Avenue 57
Los Angeles, CA 90042,327 S Avenue 57
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Julian Park

Julian Park

+1(818) 390-3265
$ 1,125,000
Est. payment /mo
Save
Active

327 S Avenue 57 Los Angeles, CA 90042

5,048 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD25225183

Construction Status Fixer

HOA Y/N No

Year Built 1955

Lot Size 5,048 Sqft

Property Sub-Type Quadruplex

Property Description

**RATE BUY DOWN INCENTIVES AVAILABLE 4.125%** A unique opportunity to own a 4-unit income property in trendy Highland Park, close to Figueroa, and walkable to Highland Park Bowl, HomeState restaurant, Civil Coffee & Mendocino Farms. This property sits on a spacious 5,048 Sqft. lot that is zoned LARD 1.5 with a 42'x120' dimension. The property consists of: (3) two beds & one bath; (1) one bed & one bath. Two of the 2 bed/1 bath units are approx. 750 sf and another is approx. 700 sf, with the one bedroom being around 600 sf. However, the 1 bed unit's adjoining a large non-operating laundry room that is perfectly sized for an easy bedroom conversion to a 2 bed 1 bath in order to increase the rent in the future. The shared driveway allows each unit to access its one-car private carport space in the rear of the building, which may have the space for a potential ADU add-on above the four parking spots. This is a great value add-on opportunity for an investor to fix and renovate for a buy and hold or to flip. Additionally, the location offers convenient freeway access and proximity to Downtown LA, Pasadena, and the Metro Gold Line, making it ideal for those seeking the best of urban living in Highland Park. Whether for investment or personal use, this property offers a fantastic opportunity in one of the city's hottest neighborhoods. Unit 3 has been completely renovated and just rented out for $2,345.

Location

State CA

County Los Angeles

Area 632 - Highland Park

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Gas Range, Refrigerator

Laundry Common Area

Exterior

Parking Features Carport

Carport Spaces 4

Fence Chain Link

Pool None

Community Features Sidewalks

View Y/N No

View None

Roof Type Rolled/Hot Mop,Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 5492005023

Security Features Window Bars

Energy Description 1498.0

Acceptable Financing Conventional, Owner Will Carry, Owner May Carry

Listing Terms Conventional, Owner Will Carry, Owner May Carry

Special Listing Condition Standard

CRMLS – RECore
Listed by Levon Arzumanyan The Agency - Studio City 213-414-8088

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Arroyo Vista Elementary School

    Public | KG - 5

  • 10

    Monterey Hills Elementary School

    Public | KG - 5

  • 9

    Solano Avenue Elementary School

    Public | KG - 6

  • 9

    Delevan Drive Elementary

    Public | KG - 6

  • 9

    Eagle Rock Elementary & Magnet Center

    Public | KG - 6

  • 9

    Celerity Troika Charter

    Public | KG - 8

  • 8

    Puc Milagro Charter

    Public | KG - 5

  • 7

    Mt. Washington Elementary School

    Public | KG - 6

  • 7

    Arroyo Seco Museum Science

    Public | KG - 8

  • 7

    Latona Elementary School

    Public | PK - 6

  • 7

    Sierra Vista Elementary

    Public | KG - 6

  • 6

    Dahlia Heights Elementary

    Public | KG - 6

  • 6

    Rockdale Visual & Performing Arts Magnet

    Public | KG - 6

  • 6

    Yorkdale Elementary

    Public | KG - 5

  • 6

    El Sereno Elementary School

    Public | PK - 6

  • 6

    San Rafael Elementary School

    Public | KG - 5

  • 6

    Emery Park School

    Public | KG - 8

  • 5

    Endeavor College Preparatory Charter

    Public | KG - 8

  • 5

    Griffin Avenue Elementary

    Public | KG - 5

  • 5

    Buchanan Elementary School

    Public | KG - 5

Middle Schools 15
  • 10

    South Pasadena Middle School

    Public | 6 - 8

  • 9

    Renaissance Arts Academy

    Public | 6 - 12

  • 7

    Eagle Rock Jr. / Sr. High School

    Public | 7 - 12

  • 5

    Puc Santa Rosa Charter Academy

    Public | 6 - 8

  • 5

    Florence Nightingale Middle School

    Public | 6 - 8

  • 5

    Los Angeles Leadership Academy

    Public | 6 - 12

  • 5

    Luther Burbank Middle School

    Public | 6 - 8

  • 4

    Puc Excel Charter Academy

    Public | 6 - 8

  • 4

    El Sereno Middle School

    Public | 6 - 8

  • 3

    Studio

    Public | 6 - 8

  • 3

    Alliance College-Ready Middle Academy No. 5

    Public | 6 - 8

  • 0

    Academia Avance Charter

    Public | 6 - 12

  • 0

    Optimist Charter

    Public | 7 - 12

  • 0

    Puc California Academy for Liberal Studies

    Public | 6 - 8

  • 0

    Fusion Academy Pasadena

    Private | 7 - 12

High Schools 20
  • 10

    South Pasadena High School

    Public | 9 - 12

  • 9

    Alliance Marc & Eva Stern Math and Science

    Public | 9 - 12

  • 8

    Los Angeles High School for the Arts

    Public | 9 - 12

  • 7

    PUC Early College Academy for Leaders & Scholars (ECALS)

    Public | 9 - 12

  • 6

    Glendale High School

    Public | 9 - 12

  • 6

    Alliance Susan and Eric Smidt Technology High School

    Public | 9 - 12

  • 6

    Lincoln High School

    Public | 9 - 12

  • 6

    Benjamin Franklin High School

    Public | 9 - 12

  • 5

    Alliance Tennenbaum Family Technology High School

    Public | 9 - 12

  • 5

    Leadership in Entertainment and Media Arts (Lema)

    Public | 9 - 12

  • 5

    Puc Ca Academy for Liberal Studies Early College H

    Public | 9 - 12

  • 5

    Los Angeles International Charter High School

    Public | 9 - 12

  • 4

    Los Angeles River High School

    Public | 9 - 12

  • 4

    Woodrow Wilson High School

    Public | 9 - 12

  • 3

    School of History and Dramatic Arts at Sonia Sotomayor Learning Complex

    Public | 9 - 12

  • 3

    Academy of Environmental & Soc Policy (Esp) at Roosev

    Public | 9 - 12

  • 0

    Artlab at Sonia Sotomayor Learning Academics

    Public | 9 - 12

  • 0

    Sacred Heart High School

    Private | 9 - 12

  • 0

    Pueblo de los Angeles Continuation

    Public | 9 - 12

  • 0

    Highland Park Continuation

    Public | 9 - 12

School and business data provided by Attom Data.
Julian Park

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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327 S Avenue 57