CA > Los Angeles
Los Angeles, CA 90042,309 N Avenue 50
Los Angeles, CA 90042,309 N Avenue 50
Los Angeles, CA 90042,309 N Avenue 50
Los Angeles, CA 90042,309 N Avenue 50
Los Angeles, CA 90042,309 N Avenue 50
Los Angeles, CA 90042,309 N Avenue 50
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Gloria Shepard

Gloria Shepard

+1(619) 889-8498
$ 1,400,000
Est. payment | /mo

5 Beds

4,503 Sqft Lot

Save
$ 1,400,000
Est. payment | /mo
Save

5 Beds

4,503 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25252719

Bedrooms 5

Lot Size 4,503 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Cross St Monte Vista St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 5469012016

Acceptable Financing Cash

Listing Terms Cash

MLS Router / San Diego MLS
Listed by Alan Lu ALTC Realty

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Gloria Shepard

Gloria Shepard

CA DRE #01040966

+1(619) 889-8498

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309 N Avenue 50

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