Renovated Triplex in Highland
For Sale
$1,400,000
309 N Avenue 50, Los Angeles, CA 90042
Turnkey investment opportunity in a desirable rental market.
Property Size2,162 SF
Days on Market304
Property Features for 309 N Avenue 50
General Information
Standard status
Active
Size
2,162 SF
Property subtype
MULTI_FAMILY
Building Details
Building Size
2,162 SF
Year Built
1916
Listing Agency:
ALTC Realty
Listed By:
Alan Lu · License #01514595
(626) 378-8007
Source:
Milsteinestates
Added: Nov 3, 2025
Changed: Aug 28
Last Checked: Sep 2 at 1:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ALTC Realty
Investment Insights
Based on property information with market context.
This renovated triplex presents a turnkey investment opportunity within the established Highland Park rental market. The property has undergone significant upgrades, including new electrical and AC systems, as well as updated cabinetry. The units feature a mix of one and two-bedroom layouts, with each unit having access to a private outdoor courtyard area. The property's location offers convenient access to Figueroa Street and the Metro Gold Line, providing tenants with access to Highland Park's restaurants, shops, and nightlife. Its location also allows for easy access to Pasadena, Eagle Rock, Echo Park, and Downtown Los Angeles, contributing to high rental demand. The property is positioned to benefit from the continued development of the surrounding area, offering a stable passive income opportunity for investors.
Key Highlights
- Turnkey triplex investment property with immediate cash flow
- Fully renovated with new electrical, AC, and cabinetry
- All units currently occupied with newer tenants paying market rents
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,011
Businesses Nearby
Explore this area
Business Placement
Demographics for 90042, CA
58,295
Population
22,630
Households
2.6
Avg Household Size
37
Median Age
40%
College-Educated
81%
High-School Grad
4.5 sq mi
ZIP Area
12,954
Density / Sq Mi
$94,401
Median Household Income
$49,804
Median Earnings
$1,853
Median Rent
$940,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Turnkey investment opportunity in a desirable rental market.
Where is this triplex located?
The property is located at 309 N Avenue 50 Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Turnkey triplex investment property with immediate cash flow; Fully renovated with new electrical, AC, and cabinetry; All units currently occupied with newer tenants paying market rents
