$1,400,000

309 N Avenue 50, Los Angeles, CA 90042

5 beds |
3 baths

Multi-Family Home
Built in ——
4,504sqft lot
—— car garage
$——/sqft
Listed 6 days ago

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.

Listing Status:: Active
Listing Office:: ALTC Realty : 626-378-8007
Listing Agent:: Alan Lu : 626-378-8007
MLS ID:: AR25252719

Pool: N/K

General: 1 Story

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Los Angeles

Zoning: Assessor5469012016

Source: California Regional MLS

This listing courtesy of Alan Lu, ALTC Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Aldama Elementary School

632 N Avenue 50, Los Angeles, CA, 90042

Grades KG-5

0.25 miles away

Arroyo Seco Museum Science

4805 Sycamore Ter, Los Angeles, CA, 90042

Grades KG-8

0.39 miles away

Benjamin Franklin High School

820 N Avenue 54, Los Angeles, CA, 90042

Grades 9-12

0.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.