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
Price:
$1,400,000
MLS #:
AR25252719
Status:
Active
Beds:
0
Baths:
0
Address:
309 N Avenue 50
Type:
Single Family
Subtype:
Triplex
Neighborhood:
632highlandpark
City:
Los Angeles
Listed Date:
Nov 3, 2025
State:
CA
Total Sq Ft:
2,162
ZIP:
90042
Lot Size:
4,503 sqft / 0.10 acres (approx)
Year Built:
1916
Schools
Interior
Laundry Features
G A S, W H
Exterior
Community Features
U R B
Parking Spots
1
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Courtesy of ALTC Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 309 N Avenue 50
Los Angeles, CA
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