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Listed by ALTC Realty, Alan Lu, Listing Contact: [email protected]

$1,390,000

309 N Avenue 50, Los Angeles CA, 90042

Price per sqftN/A
Built in1916
Property typeMulti-family

Overview

Active

Listed Nov 3, 2025

Updated 9 days ago

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.

$9,248/mo

Est. mortgage payment based on a $1,390,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRAR25252719

Interior Features

Basement
No

Exterior Features

Lot Size
0.1 Acres
MLS provider logo

Listed by ALTC Realty, Alan Lu DRE:01514595,
Listing Contact: [email protected] 

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Data last updated 1:54 PM UTC, 9/28/2026

 

 

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