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Highland Park Multifamily Development Opportunity
For Sale
$975,000

768 N Avenue 50, Los Angeles, CA 90042

Land in prime location near retail, restaurants, and galleries.

Property Size731 SF
Lot Size0.09 Acres
Days on Market254

Property Features for 768 N Avenue 50

General Information

Standard status Active
Size 731 SF
Lot size 0.09 Acres
Property subtype Other

Building Details

Building Size 731 SF
Year Built 1947
Stories 1
Units 1
Listing Agency:
Listed By: Adrian Torres Godinez
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Jul 16 at 10:01AM

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 Adrian Torres Godinez

Investment Insights

Based on property information with market context.

This property is located in a highly sought-after area on a major street in Highland Park, across from Mt. Washington. It is situated minutes from York Blvd and Figueroa St, offering access to numerous retail shops, restaurants, and galleries. The zoning allows for multifamily development; interested parties should verify usage and development options with the city. The property includes two gated driveways and ample usable outdoor space.

Key Highlights

  • Multifamily zoning - check with city for usage/development details.
  • Highly sought‑after location in Highland Park across from Mt. Washington.
  • Minutes to York Blvd and Figueroa St retail, restaurants, and galleries.

Property Analytics

Current Use

Ristich LLC Marketing & Advertising

Suggested Use

Top Pick Law Firm Pharmacy Building Supply Dental Office (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,052
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land in prime location near retail, restaurants, and galleries.
Where is this residential land & home lot located?
The property is located at 768 N Avenue 50 Los Angeles, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Multifamily zoning - check with city for usage/development details.; Highly sought‑after location in Highland Park across from Mt. Washington.; Minutes to York Blvd and Figueroa St retail, restaurants, and galleries.
More about this property
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