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309 Avenue 50, Highland Park, CA 90042

5 Bed, 3 Bath Multi-Family Home For Sale

309 Avenue 50, Highland Park, CA 90042 House For Sale - MLS #18299010
Under Agreement
$1,085,000
5
3
Multi-Family
3 Family
This listing is courtesy of Eric Dilanian from Remax Commercial and Investment Realty.

Property Description for 309 Avenue 50, Highland Park, CA 90042

We are pleased present for sale an opportunity to purchase in one of LA's hottest rental markets - Highland Park! This charming 3 unit multi-family building has been entirely renovated in 2017 and boasts Two (2) 2 Bedroom & 1 Bath Units and one (1) 1 Bedroom & 1 Bathroom Unit. There have been substantial upgrades to the units including new flooring, kitchen cabinets, designer countertops, new appliances, bathroom vanities and tile, and much more! Each unit is separately metered for Gas & Electric. The property appeals to an investor looking for significant income and/or an owner-user looking to occupy one unit and obtain supplemental income from the other two. DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY - DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to Figueroa Retail Corridor, the Gold Line, and Downtown Los Angeles.

Interior Details

2,162 sq. ft.
$501.85/sq. ft.
Other

Exterior Details

0.10 acres
4,501 sq. ft.
2

Other Details

18299010
1916

Units Description

Unit #1
Bedrooms: 1      Full / Half Baths: 1      Rent: $1,650     

Unit #2
Bedrooms: 2      Full / Half Baths: 1      Rent: $1,995     

Unit #3
Bedrooms: 2      Full / Half Baths: 1      Rent: $1,995     

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Monthly Mortgage Payments

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Town Description

One of the oldest settled areas of Los Angeles, Highland Park is also one of the most scenic due to its architecture and location between the Mt. Washington hills, the San Rafael hills and the...

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