5806 3rd Avenue,Los Angeles, CA 90043
Los Angeles, CA 90043
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.
Details
| MLS # | 26652927 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1923 |
| Days On Site | 199 |
| Listing Provided By | Equity Los Angeles | Sandy Dunkley |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 2,049 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 2 |
| Zoning | LAC2 |
| Acreage | 0.16 |
Interior
| Cooling | None |
|---|---|
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Appliances | Disposal |
Parking
| Parking Features | Driveway |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90043 |
| Area | PHHT Park Hills Heights |
| Listing VS Median (in 90043) | |
Price: $760,000 low | high Med: $1,295,000 sqft: 2,049 low | high Med: 5,248 $ / sqft: $371 low | high Med: $247 On site: 199 low | high Med: 73 | |
Market Activity 90043
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90043 |
| Area | PHHT Park Hills Heights |
| Listing VS Median (in 90043) | |
Price: $760,000 low | high Med: $1,295,000 sqft: 2,049 low | high Med: 5,248 $ / sqft: $371 low | high Med: $247 On site: 199 low | high Med: 73 | |
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