Los Angeles, CA 90043,5868 Deane AVE
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Los Angeles, CA 90043,5868 Deane AVE
Los Angeles, CA 90043,5868 Deane AVE
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Nicole Darwin

Nicole Darwin

Engel & Völkers

+1(707) 330-4357
$ 899,500
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5868 Deane AVE Los Angeles, CA 90043

6,625 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25057029

HOA Y/N No

Year Built 1941

Lot Size 6,625 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 rehab 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

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Assigned

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected

View Y/N No

View None

Total Parking Spaces 3

Private Pool No

Building

Lot Description Corner Lot, Front Yard, Level, Rectangular Lot

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4004007021

Energy Description 370.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Michael Millea • Lyon Stahl Investment Real Estate, Inc. • 310-233-2800
agent

Nicole Darwin

Advisor

+1(707) 330-4357

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5868 Deane AVE