5806 3Rd Avenue
Los Angeles, CA 90043
Active for $850,000
Beds: 2 Baths: 2 Structure Size: 2,049 sqft Lot Size: 7,014 sqft
MLS | 25492913 |
Year Built | 1923 |
Property Type | |
County | Los Angeles |
Status | Active |
Active | $850,000 |
Structure Size | 2,049 sqft |
Lot Size | 7,014 sqft |
Beds | 2 |
Baths | 2 |
Description
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.
Listing information courtesy of: Jerome McAlpin, McAlpin & Company 310-437-4172. *Based on information from the Association of REALTORS/Multiple Listing as of 02/18/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.