---
listing_id: CRAR25252719
status: Active
price: 1400000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 4503
lot_acres: 
year_built: 1916
property_type: Residential Income
property_subtype: Triplex
address: "309 N Avenue 50"
city: Los Angeles
state: CA
zip: 90042
county: "Los Angeles County"
lat: 34.1076117
lng: -118.2038766
days_on_market: 171
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Alan Lu"
list_office: "ALTC Realty"
list_agent_phone: "–"
list_agent_license: 01514595
mls_source: CRMLS
modified: 2025-11-04
transaction_type: buy
---

Home | Los Angeles County | Los Angeles | 90042 | 309 N Avenue 50

309 N Avenue 50, Los Angeles, CA 90042

MLS: CRAR25252719 | Status: Active | Price: $1,400,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
4,503 1916

Remarks

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.

MLS Listing Information

Field Value
MLS # CRAR25252719
MLS Source California Regional MLS
Days on Site 171

Features

Exterior Features

Feature Details
Pool None

Parking, School, and Other Information

Feature Details
Garage/Parking Assigned Spaces, Garage: 0 Car(s)
HOA Fee $0

Contact Information

Alan Lu
ALTC Realty
License #: 01514595
Phone: –

Property Units

# Buildings # Leased Units # Total Units
1 3 3

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Aldama Elementary School public K-5 0.23 mi 6
Monte Vista Street Elementary School public 2,3,4,5 0.37 mi 7
Arroyo Seco Museum Science public K-8 0.39 mi 8
Richard Riordan Primary Center public PK,KG,1,2,3,4,5 0.51 mi 10
Benjamin Franklin Senior High School public 6-12 0.64 mi 4
Highland Park Continuation School public 9-12 0.69 mi 2
Mt. Washington Elementary School public K-6 0.73 mi 9
Buchanan Street Elementary School public K-5 0.82 mi 5
Bushnell Way Elementary School public K-5 0.92 mi 7
Yorkdale Elementary School public K-5 1.08 mi 3
Latona Avenue Elementary School public K-6 1.13 mi 7
Toland Way Elementary School public K-6 1.21 mi 7
Garvanza Elementary School public K-5 1.40 mi 5
Luther Burbank Middle School public 6-8 1.44 mi 7
Aragon Avenue Elementary School public K-5 1.52 mi 3
Glen Alta Elementary School public K-8 1.59 mi 6
Loreto Street Elementary School public K-5 1.61 mi 5
Hillside Elementary School public K-5 1.63 mi 7
Florence Nightingale Middle School public 6-8 1.63 mi 6
Eagle Rock High School public 7-12 1.71 mi 6

Nearby Homes

Address Price Beds Baths Sq Ft Status
4739 Huntington Dr $1,285,000 Active

Disclosures

©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of November 04, 2025. For the most current information, please contact Alan Lu.