309 N Avenue 50, Los Angeles, CA 90042 - Photo 1 of 20, Los Angeles, CA
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$1,400,000

309 N Avenue 50, Los Angeles, CA 90042

5Beds
3Baths
0
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

Transit Access

Local Amenities

Grocery

Coffee & Cafes

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