5806 3rd Ave, Los Angeles, CA 90043
5806 3rd Ave, Los Angeles, CA 90043
5806 3rd Ave, Los Angeles, CA 90043
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$760,000
Est. payment /mo
2 Beds
2 Baths
2,049 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,049 sqft

Price per Sqft $370

MLS Listing ID 26652927

Bedrooms 2

Year Built 1923

Lot Size 7,014 Sqft

Acres 0.161

Property Sub-Type Multi-Family

Property Description

An exceptional corner mixed-use opportunity in the heart of Los Angeles' evolving 90043 corridor, this well-positioned property features two residential units and one street-front commercial storefront, offering diversified income and flexible use potential for both investors and owner-users. The residential component includes a spacious 3 Bedroom / 2 Bathroom home and a 1 Bedroom / 1 Bathroom residence, complemented by a highly visible commercial space fronting Slauson Avenue with strong signage exposure and consistent traffic flow. Pride of ownership with no deferred maintenance and presents a clean, turnkey investment. Separately metered for gas and electric, the asset offers stable income today with long-term upside and 1031 exchange suitability. The storefront provides an ideal opportunity for an owner-user, boutique concept, professional office, creative studio, or neighborhood mom-and-pop business while benefiting from additional residential rental income. Ideally positioned with easy access to parks, major freeways, and a variety of nearby restaurants and amenities, the property is also located near one of Southern California's fastest-growing entertainment corridors. Just minutes from SoFi Stadium, the Intuit Dome, the Kia Forum, and COSM, this location offers both lifestyle appeal and long-term growth potential driven by continued development and investment in the surrounding area.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling None

Equipment Range/Oven, Garbage Disposal, Cable

Exterior

Parking Features Driveway

Building

Level or Stories One

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Equity Los Angeles

NEARBY SCHOOL & BUSINESS

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Kirshner Elkin Properties

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