Timeless Architecture Meets Investment Opportunity in University Park – 2952 S Western Avenue, Los Angeles
- Guest
- Apr 25
- 2 min read
Rarely does a property emerge that so seamlessly blends historic charm, location prestige, and income-generating versatility. Nestled within the storied University Park Historic Preservation Overlay Zone, 2952 S Western Avenue presents a compelling opportunity for both discerning investors and stewards of Los Angeles architecture.
Built in 1922 and held within one family for over four decades, this five-unit multifamily estate offers a lasting presence in a neighborhood rich with heritage and forward growth. With immediate proximity to USC, Exposition Park, and Downtown Los Angeles, the property sits at the nexus of cultural institutions, academic vitality, and future development.
A Residence of Character, Poised for Growth
Comprising four traditional units and a thoughtfully converted garage studio, the residence is zoned R3, allowing for both preservation and expansion. The interiors retain authentic period touches, while current Section 8 tenancy ensures consistent monthly income—ideal for investors seeking both stability and upside.
Highlights of Distinction:
Five total income-producing units
Located within a recognized HPOZ district
Steady cash flow with long-term tenants in place
R3 zoning offers flexibility for future design ambitions
Steps from Metro lines, Banc of California Stadium, The Coliseum, and more
University Park remains one of Los Angeles’ most historically significant neighborhoods, home to early 20th-century craftsman estates, tree-lined streets, and an ever-growing interest from developers and preservationists alike.
An Invitation to Own a Piece of Los Angeles Legacy
For investors and history-minded buyers alike, 2952 S Western Avenue offers more than an address—it offers an entry point into Los Angeles’ next great chapter. Discover how past and future meet gracefully in the heart of the city.
Tiffany Barlow
Agent (323) 970-9213
CA DRE# 02085486
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