5806 3Rd Avenue

Los Angeles, CA 90043

$850,000

List Price

2

bed Beds

2

shower Baths

2,049 sqft

straighten / sqft

1923

calendar_month Built

Property 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

List Price $850,000
Status Active
MLS 25492913
Type Residential Income
Year Built 1923
Lot Size 7,014
Structure Size 2,049
DOM 8
Courtesy Of McAlpin & Company
Listing Agent Jerome McAlpin DRE#00939725

Interior Features

Total Bedroom
Bedrooms 2
Total Bathroom
Bathrooms 2
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Jerome McAlpin, McAlpin & Company 310-437-4172. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 9th, 2025 at 1:16 PM 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.