$799,999
- Beds
- 2
- sq ft
- 2,049
5806 3rd Ave, Los Angeles, CA 90043
5806 3rd Ave
Los Angeles, CA 90043
- 58 days on market
- Price drop $50,001↓
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.
Details
Property type
Property condition
Updated/Remodeled
Lot size
7,014 sq ft
Price per sq ft
$391
Year built
1923
HOA
No
Price History
04/03/2025

CLAW #25492913
Price change
$799,999
-5.88%
02/01/2025

CLAW #25492913
Listed
$850,000
+28.79%
09/09/2022

CLAW #22172609
Sold
$660,000
Schools & Community
Neighborhood:
Hyde Park
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Gated
Community features:
Gated
Status: Active
Tomo last checked: 04/02/2025 at 7:25 PM
Listing updated: 04/02/2025 at 6:06 PM
Listed by: Jerome McAlpin, McAlpin & Company Phone #: (310) 437-4172
MLS: CLAW #25492913

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