309 Avenue 50, Los Angeles, CA 90042
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
309 Avenue 50,Los Angeles, CA 90042
$1,400,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: alan lu
Office: altc realty
MLS#:AR25252719
Source:CAREIL
Price summary
- Price:$1,400,000
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 #:AR25252719
- Added:156 day(s) ago
- Updated:April 10, 2026 at 04:15 PM
Structure and exterior
- Year built:1916
- Lot area:0.1 Acres
- Levels:1 Story
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,400,000
Features and amenities
- Laundry features:Gas Hook-up
Parking
- Parking description:Assigned Spaces
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