309 N Avenue 50
Los Angeles, CA 90042
5
Bed
3
Bath
2,162Sqft
4,503Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
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Features
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Building Information
Year Built: 1916Building Area Total: 2162Stories: 1Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 4503 Lot Size Acres: 0.1034 Lot Size Source: Assessor Lot Size Square Feet: 4,503 Lot Description: 0-1 Unit/Acre
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Listing Price Information
Listing Price: $1400000Cash, Cash to New Loan
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Tax Information
Parcel Number: 5469012016 Tax Lot: 14
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Virtual Tour
Parking Information
Parking Total: 1 Assigned
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Location Information
Direction: Cross St Monte Vista St WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 855 San Pascual Avenue, Los Angeles, CA, 90042 | $1,248,000 | 3 | 3 | -- | |
| 855 San Pascual Avenue, Los Angeles, CA, 90042 | $1,248,000 | 3 | 3 | 1,779 | 1,779 SqFt |
| 846 San Pascual, Los Angeles, CA, 90042 | $938,000 | 6 | 4 | -- | |
| 272 Thorne Street, Los Angeles, CA, 90042 | $760,000 | 2 | 3 | -- | |
| 6236 Arroyo Glen St, Los Angeles, CA, 90042 | $995,000 | 8 | 4 | -- | |
| 6141 Toltec, Los Angeles, CA, 90042 | $1,775,000 | 9 | 6 | -- | |
| 6035 Mesa, Los Angeles, CA, 90042 | $895,000 | 3 | 3 | 2,148 | 2,148 SqFt |
| 6035 Mesa, Los Angeles, CA, 90042 | $895,000 | 1 | 3 | 2,148 | 2,148 SqFt |
| 5620 Stratford, Los Angeles, CA, 90042 | $1,499,000 | 8 | 4 | -- | |
| 5428 5430 Meridian Street, Los Angeles, CA, 90042 | $829,000 | 2 | -- | 1,264 | 1,264 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 08/04/2026 @ 06:43
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