309 N Avenue 50, Los Angeles, CA 90042
Local realty services provided by:CENTURY 21 Sierra Properties
309 N Avenue 50,Los Angeles, CA 90042
$1,400,000
- 5 Beds
- - Baths
- 2,162 sq. ft.
- Multi-family
- Active
Listed by: alan lu
Office: altc realty
MLS#:CRAR25252719
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,400,000
- Price per sq. ft.:$647.55
About this home
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....
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Home facts
- Year built:1916
- Listing ID #:CRAR25252719
- Added:135 day(s) ago
- Updated:March 19, 2026 at 02:37 PM
Rooms and interior
- Bedrooms:5
- Living area:2,162 sq. ft.
Structure and exterior
- Year built:1916
- Building area:2,162 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Triplex
Finances and disclosures
- Price:$1,400,000
- Price per sq. ft.:$647.55
Features and amenities
- Laundry features:Gas Dryer Hookup
Parking
- Parking description:Assigned
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