#TR24195009, Stephanie Lam, Listing office: 168 Realty Inc.
#PW25140354·
Listing office: Y Realty·
Listing agent: Steven Richardson·
Listing office phone: 213-344-7856
$799,000 List price
5840 S Olive St Los Angeles, CA 90003
0.1 acres
Multi-Family
Property details
About 5840 S Olive St
Great Investment or Live-In Opportunity! This fully gated duplex features a spacious front unit with 5 bedrooms, 1 full bath, and 1 half bath, offering plenty of space for a large household or co-living arrangement. The rear unit includes 2 bedrooms and 1 bath, perfect for rental income or extended family living. The property is entirely fenced with an exterior gate, providing privacy and security. Off-street parking available in the rear. A rare opportunity to live in one unit and rent out the other — ideal for owner-occupants or investors seeking strong rental potential. Don’t miss this versatile and income-generating property!
Highlights
Home typeDuplex
HeatingCentral
StatusActive
Lot size0.1157 Acres
Year built1923
ParkingConcrete, Driveway, Paved
MLS #PW25140354
Summary
- Appliances: Range Hood, Water Heater
- Flooring Type: Laminate
- Interior: Coffered Ceiling(s), Quartz Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
- Fireplace: None
- Private Pool: No
- Parking: Concrete, Driveway, Paved
- Heating: Central
- Cooling: None
- List Price: $799,000
- Annual Tax Amount: $3,328
- Tax Year: 2024
- Directions: 110 North to Slauson Avenue
- Year Built: 1923
- Stories: 1
- Lot Size: 0.1157 Acres
- MLS Number: PW25140354
- MLS Name: CRMLS
- Office Name: Y Realty
- Office Phone: (213) 344-7856
- Listing Agent: Steven Richardson
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: 7/2/2025, 10:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 03, 1998 | Home Sold | $110,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $248,882 | $3,328 |
| 2023 | $244,003 | $3,269 |
| 2022 | $239,219 | $3,124 |
| 2021 | $234,529 | $3,078 |
| 2020 | $232,125 | $2,991 |
| 2019 | $227,575 | $2,902 |
| 2018 | $223,114 | $2,839 |
| 2017 | $218,740 | $2,839 |
History based on county public records data.
Nearby schools
4
Aspire Slauson Academy Charter
Public Charter KG-6
0.3 mi
•123 W 59th St
7
Aspire Juanita Tate Academy Charter
Public Charter KG-6
0.3 mi
•123 W 59th St
6
Aspire Inskeep Academy Charter
Public Charter KG-6
0.3 mi
•123 W 59th St
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 $24,314. Most Los Angeles, CA residents have annual incomes less than $<35k. Most families are single, with kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
62%
<35k
35%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
29%
Single, No Kids
31%
Single, with Kids
10%
Married, No Kids
30%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
11%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5840 S Olive St
The listing price of 5840 S Olive St property is $799,000.
The property 5840 S Olive St is a multi located in Los Angeles, California, 90003.
Active Listing: 5840 S Olive St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5840 S Olive St are: Aspire Slauson Academy Charter (GreatSchools Rating 4/10), Aspire Juanita Tate Academy Charter (GreatSchools Rating 7/10), Aspire Inskeep Academy Charter (GreatSchools Rating 6/10), Isana Himalia Academy (GreatSchools Rating 4/10), Alliance College-Ready Middle Academy 12 (GreatSchools Rating 4/10), Bethune Middle School (GreatSchools Rating 4/10), Augustus F. Hawkins High School - Critical Design and Gaming (GreatSchools Rating 2/10), Augustus F. Hawkins High School - Community Health Advocates (GreatSchools Rating 1/10), Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $3,328 (source: MLS/based on county public records data).
The last sale was on March 3, 1998 for $110,000 (source: MLS/tax record).
The year of construction for 5840 S Olive St is 1923.
This home is located at 5840 S Olive St in Los Angeles, CA and zip code 90003 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $799,000.
In June 2025 more than 282 listings in Los Angeles, CA were sold above the asking price. During the same period more than 108 listings were sold at asking price, while more than 339 were sold below. The number of listings in Los Angeles, CA increased by 9% between May and June 2025. While the average time on the market in June 2025 was 34 days, the median list price was $876,067.
From Rocket Homes Real Estate and based on county public records data.