337 S Avenue 60
Los Angeles, CA 90042 • 16 Bed • 12 Bath • 8,720 sq.ft.

Property summary

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.

Days on market: 8

Listing updated: August 01, 2025 - 12:50:08

Property details

Property ID
25569595
Size
8720 sq.ft.
Home Type
Residential Income
Year Built
1960
Property Size
0.4542 acre
Garage
Levels
2
Spa
No
Patio
No
Basement
No
View
No
Pool
No

Listed by: Douglas Steinriede DRE #00284936 818-843-5200, Dover Management Corp. - Out of Area Board

Source: Out of Area Board, MLS#: CLW-X72165 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
12
Kitchen
N/A
Cooling
N/A
Heating
Wall Furnace
Flooring
N/A
Laundry
N/A
$4,300,000
Property price
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Revesty savings: $139K
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Est.: $17,200/mo
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Working hours: Monday to Friday 9:00am - 6:00pm (PST)

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-08-28 17:34:40 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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