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.
AGENT: Alan Lu LISTING BROKERAGE: ALTC Realty
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 The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE 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
Property Details
Price:
$1,400,000
MLS #:
AR25252719
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
632highlandpark
Listed Date:
Nov 3, 2025
Total Sq Ft:
2,162
Lot Size:
4,503 sqft / 0.10 acres (approx)
Year Built:
1916
Parking Total632 – Highland Park632highlandpark
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Schools
Interior
Laundry Features
GAS, WH
Levels
A
Exterior
Common Walls
_2CW
Community Features
URB
Parking Spots
1
Parking Total
1
Financial
Net Operating Income
$71,875
Map
Community
- Address309 N Avenue 50 Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90042
