New - 7 days on Rocket
$10,000 Closing Credit¹
#25493055, Karlyn Nelson, Listing Office: Compass
#25492913·
Listing Office: McAlpin & Company·
Listing Agent: Jerome McAlpin·
Listing Office Phone: 310-437-4172
$10,000
closing credit¹
5806 3rd Ave Los Angeles, CA 90043
$850,000 List price
$10,000
Closing credit¹
2 beds
2 baths
2,049 sqft
0.2 acres
$415 / sqft
House
Property details
About 5806 3rd Ave
We are pleased to present a prime mixed-use investment opportunity in Park Mesa Heights, just south of Slauson Avenue between Crenshaw and Arlington. This property includes three separate structures: a recently remodeled retail space, a 3-bedroom, 2-bathroom house, and a 1-bedroom, 1-bathroom unit, all separately metered for gas and electricity. Situated on a 7,000+ square foot LAC2-zoned lot, it offers future development potential. The buildings currently generate $5,837 per month in rental income, with strong upside upon turnover. Priced competitively similar to duplexes in the area, this opportunity won't last long. All offers must be subject to inspection. Please do not disturb tenants.
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
Size2,049 sqft
Lot size0.161 Acres
Year built1923
ParkingDriveway, Gated
MLS #25492913
Summary
- MLS Number: 25492913
- MLS Name: CRMLS
- Office Name: McAlpin & Company
- Office Phone: (310) 437-4172
- Listing Agent: Jerome McAlpin
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$850,000
5806 3rd Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 09, 2022 | Home Sold | $660,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $673,200 | $8,591 |
| 2023 | $660,000 | $8,434 |
| 2022 | $94,324 | $1,616 |
| 2021 | $92,475 | $1,585 |
| 2020 | $91,528 | $1,549 |
| 2019 | $89,734 | $1,404 |
| 2018 | $87,975 | $1,381 |
| 2017 | $86,250 | $1,381 |
History based on county public records data.
Nearby schools
3
59th Street Elementary School
Public District KG-5
0.2 mi
•5939 2nd Ave
3
Angeles Mesa Elementary
Public District KG-5
0.5 mi
•2611 W 52nd St
3
Crete Academy
Public Charter KG-6
0.7 mi
•6103 Crenshaw Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,182. The majority of Los Angeles, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
30%
<35k
56%
35k-100k
14%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
50%
Single, No Kids
17%
Single, with Kids
14%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
38%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
H&M
Where do the neighbors go to eat?
Little Caesars
White Castle
Popeyes
What do the neighbors drive?
Dodge
Kia
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5806 3rd Ave
This home is located at 5806 3rd Ave in Los Angeles, CA and zip code 90043 in the South LA neighborhood. This 2,049 square foot home, which was built in 1923, sits on a 0.16 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 3, 2025 and is currently priced at $850,000.
Los Angeles, CA housing market in January 2025 saw over 294 listings sold above listed price, more than 161 sold at listed price and over 545 sold below. The inventory of homes for sale in Los Angeles, CA between December and January 2025 increased by 20.1%. Listings spent 45 days on the market in January 2025, and had a median list price of $1,035,435 during the same period.
From Rocket Homes Real Estate and based on county public records data.