309 N Avenue 50, Los Angeles, California 90042

  • $1,400,000
309 N Avenue 50, Los Angeles, CA 90042
Active
309 N Avenue 50, Los Angeles, California 90042
309 N Avenue 50, Los Angeles, CA 90042
  • $1,400,000

Description

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.

  • Address 309 N Avenue 50
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90042
  • Country US

Details

Updated on November 4, 2025 at 2:15 pm
  • Property ID: AR25252719
  • Price: $1,400,000
  • Property Size: 2162 Sqft
  • Land Area: 0.1034 Acres
  • Year Built: 1916
  • Property Type: Triplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to New Loan
  • Sewer: Public Sewer
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: Assigned
  • Community Features: Urban

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman