The Raven is a rare opportunity to acquire a stabilized 12-unit multifamily property in the vibrant and highly sought-after Highland Park neighborhood of Los Angeles. Built in 1960 and thoughtfully maintained, The Raven offers investors a compelling mix of reliable in place income and value-add potential through continued unit upgrades and strategic management. Situated just moments from the eclectic energy of York Boulevard and the cultural fabric that defines Highland Park, The Raven benefits from strong tenant demand, walkable amenities, and excellent transit access. This well-located and professionally operated asset is an ideal acquisition for investors seeking long-term growth, durable cash flow, and presence in one of Northeast LA’s most resilient rental submarkets.
Property Details
Price:
$4,300,000
MLS #:
25569595
Status:
Active
Baths:
0
Address:
337 S Avenue 60
Type:
Residential Income
Neighborhood:
632highlandpark
City:
Los Angeles
Listed Date:
Jul 24, 2025
State:
CA
ZIP:
90042
Lot Size:
19,787 sqft / 0.45 acres (approx)
Year Built:
1960
Schools
Interior
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Exterior
Parking Features
None
Parking Spots
12.00
Financial
Map
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Courtesy of Dover Management Corp.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 337 S Avenue 60
Los Angeles, CA
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