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5868 Deane Avenue, Los Angeles, CA 90043
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$899,500
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Home Details for 5868 Deane Avenue
Price
$899,500
Type
Multi Family
Year Build
1941
Lot Size
0.1521
County
Los Angeles
Garage
3
MLS®️ Listing#
SB25057029
On exitrealty.com
247 days
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 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.
- Utilities
- Electricity Connected
- Natural Gas Connected
- Cooling Information
- None
- Heating Information
- Wall Furnace
- Water Features
- Public
- Parking
- Assigned
- Fire Place
- None
Listing Courtesy: Lyon Stahl Investment Real Estate, Inc. - 310-233-2800. Presented by: Michael Millea
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-11-11 13:46:07 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$899,500
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.