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Listed by Michael Millea • Lyon Stahl Investment Real Estate, Inc.
$ 899,500
Est. payment /mo
Active
5868 Deane Avenue Los Angeles, CA 90043
2,461 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,461 sqft
Price per Sqft $365
MLS Listing ID SB-25057029
Year Built 1941
Lot Size 6,627 Sqft
Property Sub-Type Triplex
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.
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
Area Phht - Park Hills Heights
Zoning LAR1
Interior
Heating Wall Furnace
Fireplaces Type None
Laundry None
Exterior
Parking Features Assigned
Garage Spaces 3.0
Pool None
Community Features Sidewalks, Street Lights
Utilities Available Electricity Connected, Natural Gas Connected
View Y/N No
View None
Building
Lot Description Corner Lot, Front Yard, Level, Rectangular Lot
Sewer Public Sewer