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.
Property Details
Price:
$799,999
MLS #:
25492913
Status:
Active
Baths:
0
Address:
5806 3rd Avenue
Type:
Residential Income
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Feb 1, 2025
State:
CA
ZIP:
90043
Lot Size:
7,014 sqft / 0.16 acres (approx)
Year Built:
1923
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
Driveway, Driveway – Combination, Gated
Parking Spots
0.00
Security Features
Gated Community
Financial
Map
Community
- Address5806 3rd Avenue Los Angeles CA
- AreaPHHT – Park Hills Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90043
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5806 3rd Avenue
Los Angeles, CA
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