Rare 5-Unit Property for Sale in the Heart of Historic Los Angeles – 2952 S Western Ave
- Guest
- Apr 25
- 2 min read
Looking for a distinctive real estate investment in LA? 2952 S Western Avenue is a five-unit multifamily property that blends old-world charm with stable income potential. Located in the highly sought-after University Park Historic Preservation Zone, this gem offers more than just square footage—it offers a story.
Why This Property Stands Out
Built in 1922, this home has stood the test of time and generations. It includes four traditional units plus a converted garage, providing flexible living and income options. Whether you're an investor looking for consistent cash flow or a buyer searching for value in a prime Los Angeles neighborhood, this address checks all the boxes.
Strategic Location, Strong Returns
📍 Just blocks from USC, Exposition Park, and public transit💼 Current tenants include reliable Section 8 renters📈 Zoned R3, offering future development possibilities🚗 Easy access to the 10 and 110 freeways🏛 Surrounded by LA’s cultural landmarks and new development corridors
A Piece of LA History With Income Built In
This property has been in one family for over 40 years and has been well-maintained throughout. Now it’s ready for new ownership—and continued growth. The units have a long-standing rental history, and the location ensures strong demand from nearby university students, working professionals, and families alike.
Whether you want to preserve its historic charm or explore its development potential, this is a truly versatile investment.
Let's Talk!
Opportunities like this don’t come around often—especially in neighborhoods with such deep history and community. If you’ve been waiting for a unique, income-generating property in Los Angeles, now’s your chance.
📍 View full details at www.lovelyfithomes.com/western
Tiffany Barlow
CA DRE# 02085486
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