5868 Deane Avenue,Los Angeles, CA 90043
Los Angeles, CA 90043
Description
Very nice corner location at corner of 5868 Deane Ave and 59th St. in highly desirable Park Hills Heights neighborhood. The unit mix consists of 3 units - one 2 bedroom + 1 bath unit and two 1 bedroom + 1 bath units with each unit having its own garage. Based on the gross building area of 2,461 square feet, the average unit size is approximately 820 square feet. Situated near Windsor Hills and neighboring communities of Park Mesa Heights, Leimert Park, View Park, Crenshaw Manor, and Baldwin Hills. Ideal property for an owner/user or an astute investor looking to take advantage of long-term rental growth. Value add property. The 1 bedroom 1 bath front house will be delivered vacant, which will allow the buyer to refresh and rent at FMV. One unit is located over the garage. Rents are super low so huge potential rental upside. The site is rectangular shaped with a total land area of 6,625± square feet, or 0.15± acre. The topography of the site is level and situated at street grade. Constructed in 1941, the property is regulated by the Rent Stabilization Board.
Details
| MLS# | SB25057029 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 41 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. 310-425-9838 | Michael Millea |
Features
| SQ Feet | 2,461 |
|---|---|
| Garage | 3 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 2 |
| Zoning | LAR1 |
| Acreage | 0.15 |
| Property View | None |
Market Activity 90043
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90043 |
| Area | PHHT Park Hills Heights |
| Listing VS Median (in 90043) | |
Price: $899,500 low | high Med: $919,500 SqFt: 2,461 low | high Med: 1,371 $ / SqFt: $366 low | high Med: $671 On site: 41 low | high Med: 161.500000 | |