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309 N Avenue 50, Los Angeles CA 90042
309 N Avenue 50, Los Angeles CA 90042
309 N Avenue 50, Los Angeles CA 90042
309 N Avenue 50, Los Angeles CA 90042
309 N Avenue 50, Los Angeles CA 90042
309 N Avenue 50, Los Angeles CA 90042
309 N Avenue 50, Los Angeles CA 90042
309 N Avenue 50, Los Angeles CA 90042
309 N Avenue 50, Los Angeles CA 90042
309 N Avenue 50, Los Angeles CA 90042
309 N Avenue 50, Los Angeles CA 90042
309 N Avenue 50, Los Angeles CA 90042
California>Los Angeles>Highland Park

309 N Avenue 50Los Angeles, CA 90042

For Sale

$1,400,000

Smart Buyer Rebate $14,000

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.

Listed by Alan Lu

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License #01514595

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ALTC Realty

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626-378-8007

Last updated November 04, 2025

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Source: CRMLS #AR25252719

Listing Facts

  • TypeMulti-family
  • NeighborhoodHighland Park
  • Days on Prevu16

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/03/2025
Listed by ALTC Realty
$1,400,000

Property Details for 309 N Avenue 50

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1916
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 2,162
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.10
  • Lot Size Area: 4,503
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,503
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $89,844.00
  • Operating Expense: $17,968.00

Taxes

  • Parcel Number: 5469012016

Other

Location

  • Tax Lot: 14

Parking

Parking

  • Open Parking Spaces: 1
  • Parking Features: Assigned
  • Parking Total: 1

Utilities

Equipment

  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.