375 Leslie Way, Highland Park CA 90042

For Sale

375 Leslie Way, Los Angeles, CA 90042

This Los Angeles property for sale is located at 375 Leslie Way. The current listed sale price for 375 Leslie Way, Highland Park CA 90042 is $1,250,000. 375 Leslie Way, Highland Park CA 90042 is situated on a lot that is 0.22 acre in size.

Contacts

Austin Longwell

West Shores Realty

Property Details

  • Property Type Multi-Family
  • Property Size 5,364 SF
  • Units 6
  • Lot Size 0.22 Acre
  • Zoning LARD2
  • Year Built 1965
  • Date Updated Nov 5, 2026
Austin Longwell of West Shores Realty is pleased to present 375 Leslie Way, a 6-unit apartment community in the rapidly growing Highland Park submarket of Los Angeles. Offered at $1,250,000 ($208,333 per unit, $233.04 per sq ft), the property gives investors in-place income and significant rent upside. Built in 1965, the property has approximately 5,364 sq ft of building area on a 9,568 sq ft lot. The unit mix is all two-bedrooms, four 2 bed + 1.5 bath units and two 2 bed + 1 bath units, which is highly desirable for Highland Park renters. The oversized lot provides ample parking, a rare feature in the neighborhood, as well as potential for ADU expansion. Tenants pay gas and electric. The property is currently operating at a 5.86% cap rate and 11.26 GRM. Current rents range from $1,025 to $1,920, compared with projected market rents of $2,500 for the 2+1.5s and $2,300 for the 2+1s. At market rents, net operating income grows from $73,217 to an estimated $138,340, a 11.07% cap rate and 6.99 GRM. 375 Leslie Way has a Walk Score of 81 and is within walking distance of some of Highland Park’s most popular shopping and dining. The neighborhood’s continued growth, and strong renter demand make this a compelling opportunity to add value in one of Northeast Los Angeles’s most sought-after submarkets.
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Highlights

  • Located in the vibrant Highland Park submarket of Los Angeles. Walking distance to Museums, shops, restaurants, and night life making this an extremely desirable location to rent.
  • The community sits along a well-traveled mobility corridor with convenient access to 110 freeway and the Metro Gold Line station. 12 minute drive or Metro to Union Station.
  • The community sits within the established HIGHLAND PARK ADDITION neighborhood, an amenity-rich pocket of Los Angeles that consistently attracts renters seeking convenience and quality of life
  • The Los Angeles rental market benefits from strong renter demographics, including a growing population of young professionals and downsizing empty-nesters.
  • 6-unit multifamily property located in the rapidly growing Highland Park submarket of Los Angeles
  • Conveniently located within walking distance of Highland Park’s popular shopping, dining, and cultural destinations (Walk Score 81)
  • Expansive 9,568-square-foot lot offers 8 on-site parking spaces, a highly desirable feature in the area, with potential for future ADU expansion
  • Spacious 2-bedroom units with a desirable unit mix: (4) 2 Bed + 1.5 Bath units & (2) 2 Bed + 1 Bath units
  • Strong existing rental income with a 5.86% CAP rate and 11.2 GRM, with market rents offering potential for an 11% CAP rate

Getting around

  • 81/100

    Walk Score ®

  • 60/100

    Transit Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Los Angeles, CA
  • Neighborhood Highland Park
  • Zip Code 90042
  • Market Los Angeles

Points of Interest

  • Chinatown Station

    3.83 miles

  • Chinatown

    3.83 miles

  • Glendale

    4.13 miles

  • Los Angeles Union Station

    4.20 miles

  • Union Station

    4.20 miles

  • Mariachi Plaza Metro Station Entrance

    4.28 miles

  • Soto Station

    4.37 miles

  • Civic Center/Grand Park

    4.61 miles

  • Civic Center/Grand Park Station

    4.64 miles

  • Historic Broadway

    4.84 miles

  • Chevron

    0.51 miles

  • Shell

    0.54 miles

  • Mobil

    0.82 miles

  • Five Star

    1.13 miles

  • PetrolX

    1.16 miles

  • 7-Eleven

    1.82 miles

  • Arco

    1.88 miles

  • Parking electrique

    8.02 miles

  • Electric Vehicle Charging Station

    8.04 miles

  • ChargePoint

    8.57 miles

  • LADOT Parking Lot 672

    0.31 miles

  • LADOT Lot 638

    0.32 miles

  • LADOT Parking Lot674

    0.34 miles

  • LADOT Parking Lot 635

    0.39 miles

  • LADOT Parking Lot 636

    0.42 miles

  • LADOT Parking Lot 637

    0.45 miles

  • Carlin G. Smith Recreation Center Parking Lot

    1.16 miles

  • Post Office Parking

    1.33 miles

  • Metro Park and Ride

    1.76 miles

  • Elyria Canyon Trail

    1.89 miles

  • Highland Park Motel

    1.61 miles

  • Super 8

    1.80 miles

  • Rose Bowl Motel

    2.47 miles

  • Lincoln Park Motel

    2.51 miles

  • The Alhambra Hotel

    2.62 miles

  • 목사님댁

    2.75 miles

  • Comfort Inn Near Old Town Pasadena in Eagle Rock

    2.81 miles

  • Regency Inn

    2.89 miles

  • Best Western Plus Glendale

    3.42 miles

  • The Langham Huntington

    3.43 miles

  • Cookbook

    0.36 miles

  • Fresco Community Market

    0.42 miles

  • Grocery Outlet

    0.43 miles

  • Smart & Final

    0.49 miles

  • Food 4 Less

    0.54 miles

  • El Super

    1.01 miles

  • Superior Grocers

    1.12 miles

  • Super A Foods

    1.20 miles

  • re_ grocery

    1.40 miles

  • Trader Joe's

    1.76 miles

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