309 N Avenue 50, Los Angeles, CA 90042

  • $1,400,000
309 N Avenue 50
ResidentialIncome Active
309 N Avenue 50, Los Angeles, CA 90042
309 N Avenue 50
  • $1,400,000

Overview

Property ID: HZAR25252719
  • Triplex
  • Property Type
  • 0
  • Garage
  • 1916
  • Year Built

Description

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.

  • Address Avenue 50
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90042

Details

Updated on November 4, 2025 at 4:08 pm
  • Property ID: HZAR25252719
  • Price: $1,400,000
  • Garage: 0
  • Year Built: 1916
  • Property Type: Triplex
  • Property Status: ResidentialIncome
  • Listed by: Alan Lu
  • DRE #: 01514595
  • Contact Mail: alu@altcrealty.com
  • Brokered by: ALTC Realty

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