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Highland Park Multifamily Development Opportunity

768 N Avenue 50, Los Angeles, CA 90042

For Sale
$950,000

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

Property Size731 SF
Days on Market431

Property Features for 768 N Avenue 50

General Information

Standard status Active
Size 731 SF
Property subtype Mixed Use

Site & Location

Neighborhood Highland Park

Building Details

Building Size 731 SF
Year Built 1947
Listing Agency: The Listing Brokerage
Listed By: Adrian Torres Godinez · License #01806388
Source: Archetyperealty
Added: Sep 4, 2025 Changed: Nov 5 Last Checked: Nov 6 at 5:50PM

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 The Listing Brokerage

Rey
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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

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Pharmacy Building Supply (Bike/Boat/Book/etc) Store Accounting Firm Kitchen & Bath Showroom

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

1,119
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 $950,000.
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.
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