tomo logo

$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

CLAW #25492913

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

CLAW #25492913

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

CLAW #22172609

Sold
$660,000

Schools & Community

Neighborhood: 

Hyde Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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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