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$ 850,000
Est. payment /mo
Active
5806 3rd AVE Los Angeles, CA 90043
2 Beds
2 Baths
2,049 SqFt
UPDATED:
02/09/2025 01:16 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,049 sqft
Price per Sqft $414
MLS Listing ID 25492913
Bedrooms 2
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1923
Lot Size 7,013 Sqft
Property Description
We are pleased to present a prime mixed-use investment opportunity in Park Mesa Heights, just south of Slauson Avenue between Crenshaw and Arlington. This property includes three separate structures: a recently remodeled retail space, a 3-bedroom, 2-bathroom house, and a 1-bedroom, 1-bathroom unit, all separately metered for gas and electricity. Situated on a 7,000+ square foot LAC2-zoned lot, it offers future development potential. The buildings currently generate $5,837 per month in rental income, with strong upside upon turnover. Priced competitively similar to duplexes in the area, this opportunity won't last long. All offers must be subject to inspection. Please do not disturb tenants.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAC2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Driveway, Gated
Community Features Gated
Building
Entry Level One
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 4005022001
Security Features Gated Community
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Listed by Jerome McAlpin • McAlpin & Company