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$1,400,000
309 N Avenue 50, Los Angeles, CA 90042
5Beds
3Baths
121Days Listed
Listed by Alan Lu, ALTC Realty | 626-378-8007
About This Property
This renovated triplex is a rare turnkey investment opportunity in the established and desirable rental market of Highland Park. With significant upgrades, including new electrical, AC, cabinetry and all newer tenants, this property is ideal for cash flow on day one. Enjoy market rents without having to deal with relocation or holdover tenants, a rarity for the area. The property also features a great mix of one and two bedroom units, with each unit having access to their own private outdoor courtyard area. Located close by to Figueroa St and the Metro Gold Line, tenants have access to all that Highland Park has to offer with its bustling restaurants, shops, and nightlife. Easy access to Pasadena, Eagle Rock, Echo Park and DTLA is also a key reason rental demand has remained very high. As Highland Park continues to thrive, this property is well positioned to capitalize on the continued development of the overall area. This is truly a special property for investors who are interested in a stable passive income opportunity.
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 5
- Bathrooms
- 3
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 121
- Cumulative Days on Market
- 16
- Original Price
- $1,400,000
Location & Neighborhood
What's nearby 309 N Avenue 50, Los Angeles, CA 90042
Nearby Schools
- Aldama Elementary School0.2 mi
elementary
- Unnamed School0.3 mi
elementary
- Monte Vista Elementary School0.4 mi
elementary
Transit Access
- Figueroa & Avenue 500.2 mi
Bus Stop
- Figueroa & Avenue 520.3 mi
Bus Stop
- Avenue 54 & Monte Vista0.3 mi
Bus Stop
- Figueroa & Avenue 540.4 mi
Bus Stop
- Figueroa & Avenue 490.4 mi
Bus Stop
Local Amenities
Grocery
- Food 4 Less0.3 mi
- Grocery Outlet0.4 mi
Dining
- Villa's Tacos0.4 mi
- Rosty Peruvian Food0.5 mi
Coffee & Cafes
- Monte Vista Cafe0.5 mi
- Kindness and Mischeif0.5 mi
POI data updated 2/15/2026
Los Angeles Market Snapshot
2,647
Active Listings
$735K
Median Price
100
Avg Days on Market
Last updated: Nov 18, 2025
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,400,000