5868 Deane Avenue, Los Angeles, CA

$899,500

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4

Beds

3

Baths

0.15

Acres

About 5868 Deane Avenue

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.

Features of 5868 Deane Avenue

MLS® # SB25057029
Price $899,500
Bedrooms 4
Bathrooms 3.00
Acres 0.15
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 5868 Deane Avenue
Area LOS ANGELES (90043)
City Los Angeles
County Los Angeles
State CA
Zip Code 90043

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling N/K
Fireplace Yes
Stories 1 Story

Exterior

Lot Description Corner Lot,Sidewalks

Additional Information

Date Listed March 14th, 2025
Days on Market 182
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLyon Stahl Investment Real Estate, Inc.

Listing Map

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