5806 3rd Ave, Los Angeles, CA 90043

$760,000
2
BD
2
BA
2,049
SqFt

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Courtesy of Equity Los Angeles, Sandy Dunkley - CA DRE#01832146

List Price
$760,000
Status
ACTIVE UNDER CONTRACT
Days on Market
162
MLS#
26652927
Year Built
1923
Bedrooms
2
Bathrooms
2
Living Area
2,049
Lot Size
7,014
Acres
0.16
MLS Area Major
Park Hills Heights (PHHT)

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.

Additional Information

Air Conditioning
None

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