Stacey Alysson Melman

309 N Avenue 50 Los Angeles CA 90042 MLS #AR25252719

309 N Avenue 50
Los Angeles, CA, 90042
$1,400,000
Beds
0 Baths
0 SqFt
0.1 Acres
Add
MLS #AR25252719 image #0
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
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

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