CA > Los Angeles
Los Angeles, CA 90043,5868 Deane Avenue
Los Angeles, CA 90043,5868 Deane Avenue
Los Angeles, CA 90043,5868 Deane Avenue
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$899,500
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4 Beds
3 Baths
Active

5868 Deane Avenue Los Angeles, CA 90043

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Richard Combs

Richard Combs

+1(619) 838-9307

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25057029

Bedrooms 4

Property Sub-Type Res Income 2-4 Units

Property 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.

Location

State CA

County Los Angeles

Zoning Assessor

Direction From Crenshaw go west on Slauson and turn south on Deane Ave.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 4004007021

MLS Router / San Diego MLS
Listed by Michael Millea Lyon Stahl Investment Real Estate, Inc.

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Richard Combs

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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5868 Deane Avenue

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