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.
For sale
Listing Provided by:
Michael Millea DRE #01069014 310-233-2800,
Lyon Stahl Investment Real Estate, Inc.
$899,500
5868 Deane Ave, Los Angeles, CA 90043
4beds
3baths
2,461sqft
Est.:
Triplex
Built in 1941
-- sqft lot
$904,400 Zestimate®
$366/sqft
$-- HOA
What's special
Corner location
- 232 days |
- 296 |
- 9 |
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