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5868 Deane Avenue, Los Angeles, CA 90043

Triplex

5868 Deane Avenue, Los Angeles, CA 90043 Sold December 2025 CRMLS
$850,000Sold December 2025

Listing Agent: Michael Millea (DRE #01069014) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-233-2800 · Bought with: Gwendolyn J. Thomas · Exclusive Realty Inc · MLS #SB25057029 · Source: CRMLS

6,627 sqft
Lot Size
1941
Year Built
Triplex
Type
1
Stories
3
Garage
None
Cooling
WallFurnace
Heating

About this triplex

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.

Listing description from the December 2025 sale, as reported to CRMLS.

Sale history

$850,000
Sold December 2025 · listed $899,500, on market March 2025 · MLS #SB25057029 · Source: CRMLS
Listing Agent: Michael Millea · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-233-2800 · Bought with: Gwendolyn J. Thomas · Exclusive Realty Inc
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