309 N Avenue 50, Los Angeles, CA 90042

Triplex · For sale · $1,400,000 · MLS# AR25252719

Triplex for sale in Southern California — $1,400,000. 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…

309 N Avenue 50
For sale

$1,400,000

309 N Avenue 50, Los Angeles, CA 90042

TriplexProperty type
1916Year built
4,503 sqft lotLot size
HOA
1 spaceParking

Facts & features

Interior

Appliances

  • Laundry: Washer Hookup, Gas Dryer Hookup

Property

Parking

  • Total parking spaces: 1

Lot

  • Lot size: 4,503 sqft

Features

  • Pool features: None

Construction

Type & style

  • Home type: Triplex
  • Property subtype: Triplex

Condition

  • Year built: 1916

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 257 days
  • Status: Active
  • MLS#: AR25252719

Location

  • City: Los Angeles
  • ZIP: 90042

About this home

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.

Listing updated: November 4, 2025 at 6:15 AM

Listed by: Alan Lu, ALTC Realty

Source: CRMLS, MLS#: AR25252719, Originating MLS: California Regional MLS

Location

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Los Angeles

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Facts & features

Interior

Appliances

  • Laundry: Washer Hookup, Gas Dryer Hookup

Property

Parking

  • Total parking spaces: 1

Lot

  • Lot size: 4,503 sqft

Features

  • Pool features: None

Construction

Type & style

  • Home type: Triplex
  • Property subtype: Triplex

Condition

  • Year built: 1916

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 257 days
  • Status: Active
  • MLS#: AR25252719

Location

  • City: Los Angeles
  • ZIP: 90042

Price history

DateEventPrice
11/03/2025Source: CRMLS, #AR25252719Listed for sale$1,400,000
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2025-11-04 06:15:54 PST and /or other sources. 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