$1,098,000
$200K PRICE DROP

202 N Avenue 54 Los Angeles, CA 90042

Estimated payment $6,446/month

Total Views 5,811
9 Beds
5 Baths
3,511 Sq Ft
$313 Price per Sq Ft

About This Home

PERFECT FOR INVESTORS! Situated in the heart of Highland Park, this 5 unit gem is on the market for the first time in over 45 years! Location is key, walking distance to metro and one of the most busy streets surrounded by restaurants and stores. Total of 9 bed rooms, 5 baths, and with 3 garage spaces. Don't miss this opportunity to add to your portfolio!

Listing Agent

Walter Vann

eXp Realty of California Inc Brokerage Phone: 562-200-2221 License #01959293 Listed on: 03/26/2025

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,585

Year Built

  • Built in 1954

Lot Details

  • 0.27 Acre Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,511 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 183
  • Assessor Parcel Number 5468019014
  • $1,033 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $6,000
  • Operating Expense $6,000
  • Gross Income $69,696
  • Net Operating Income $69,696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,585

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 219600
  • Property Attached: Yes
  • Zoning: LARD2
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5468019014
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 312.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 11607.00
  • Lot Size Acres: 0.2665

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 69696.00
  • Gross Scheduled Income: 70896.00
  • Insurance Expense: 6000.00
  • Lot Size Area: 11607.0000 Square Feet
  • Net Operating Income: 69696.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 6000.00
  • Rent Control: Yes
  • Total Actual Rent: 5908.00
  • Total Expenses: 6000.00

Tax Info

  • Tax Census Tract: 1838.10
  • Tax Lot: 14
  • Tax Tract Number: 183...
  • TaxOtherAnnualAssessmentAmount: 1033.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,585 $301,956 $139,872 $162,084
2024 $4,585 $296,036 $137,130 $158,906
2023 $4,514 $290,233 $134,442 $155,791
2022 $3,998 $284,543 $131,806 $152,737
2021 $3,933 $278,965 $129,222 $149,743
2020 $3,963 $276,105 $127,897 $148,208
2019 $3,829 $270,692 $125,390 $145,302
2018 $3,653 $265,385 $122,932 $142,453
2016 $3,463 $255,081 $118,159 $136,922
2015 $3,418 $251,251 $116,385 $134,866
2014 $3,465 $246,331 $114,106 $132,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $1,098,000 0.0% $313 / Sq Ft
07/31/2025 07/31/25 Price Changed $1,098,000 -15.4% $313 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $1,298,000 -- $370 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25066292

California Regional Multiple Listing Service (CRMLS)

APN: 5468-019-014