5868 Deane Avenue, Los Angeles, CA 90043 - Berkshire Hathaway HomeServices California Properties

5868 Deane Avenue, Los Angeles, CA 90043

$899,500 Approx. USD 0 beds, 0 baths

Listing Agent


Michael Millea | Mike.M@LyonStahl.com
Lic#: 01069014
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Agent Remarks

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.

Listing Details

Property type: Triplex (Multi-Family)
Status: Active Under Contract
MLS# SB25057029
Price: $899,500
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1941
1 story
0.15 acres
Lot size: 0.1521
County: Los Angeles
Zoning: LAR1
Parking description: Assigned
Lot description: Corner Lot,Front Yard,Level,Rectangular Lot
Heating/cooling: None
Heating description: Wall Furnace
MLS area: PHHT - Park Hills Heights

Last Updated: 4/4/2025

 Days On Market (DOM): 20

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This listing belongs to the PHHT - Park Hills Heights MLS area

Lat/Long: 33.987439, -118.337599.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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