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
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1916 Building Area Total: 2,162 -
Pool Features
NoneLaundry Features
Washer Hookup,Gas Dryer Hookup
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1034 -
Lot Size Source: Assessor Lot Size Square Feet: 4503
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Listing Price Information
Original List Price: 1,400,000 Listing Contract Date: 2025-11-03 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5469012016
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Garage and Parking
Garage Description: AssignedHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: 632 - Highland Park Directions: Cross St Monte Vista St Source Property Type: Residential Income Area: 632 - Highland Park Property SubType: Triplex -
Building and Construction
Property Age: 110 Common Walls: 2+ Common Walls Structure Type: Triplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: One Building Total Stories: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6375 Adelaide Place, Los Angeles, CA, 90042 | $1,498,000 | 4 | 2 | 1,631 | 1,631 SqFt |
| 6236 Arroyo Glen St, Los Angeles, CA, 90042 | $925,000 | 8 | 4 | 3,034 | 3,034 SqFt |
| 6141 Toltec, Los Angeles, CA, 90042 | $1,775,000 | 9 | 6 | 3,179 | 3,179 SqFt |
| 6035 Mesa, Los Angeles, CA, 90042 | $979,500 | 3 | 3 | 2,148 | 2,148 SqFt |
| 6035 Mesa, Los Angeles, CA, 90042 | $979,500 | 1 | 3 | 2,148 | 2,148 SqFt |
| 327 S Avenue 57, Los Angeles, CA, 90042 | $1,125,000 | 7 | 4 | 2,898 | 2,898 SqFt |
| 139 137 N Avenue 55, Los Angeles, CA, 90042 | $895,000 | 3 | 2 | 1,325 | 1,325 SqFt |
| 116 Ellita Place, Los Angeles, CA, 90042 | $699,000 | 4 | 2 | 1,386 | 1,386 SqFt |
| 116 Ellita Place, Los Angeles, CA, 90042 | $699,000 | 4 | 2 | 1,386 | 1,386 SqFt |
| 5048 E Echo Street, Los Angeles, CA, 90042 | $899,000 | 4 | 4 | 3,648 | 3,648 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/19/2026 @ 11:19
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