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.
Sold for $850,000
Listed by: Lyon Stahl Investment Real Estate, Inc. • Michael Millea • Contact: 310-233-2800
Bought with: Exclusive Realty Inc
$850,000
5868 Deane Ave, Los Angeles, CA 90043
4beds
3baths
2,461sqft
Triplex
Built in 1941
-- sqft lot
$851,700 Zestimate®
$345/sqft
$3,232 Estimated rent
Home value
$851,700
$775,000 - $937,000
$3,232/mo
Zestimate® history
Owner options
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$3,232/mo
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$3,232/mo
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$5,447/mo
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$5,447/mo
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Corner location
Zillow last checked:
Listing updated:
Listed by:
Michael Millea DRE #01069014 310-233-2800,
Lyon Stahl Investment Real Estate, Inc.
Bought with:
Gwendolyn J. Thomas, DRE #01742984
Exclusive Realty Inc
Source: CRMLS,MLS#: SB25057029
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,461
- Total interior livable area: 2,461 sqft
Property
Parking
- Total spaces: 3
- Parking features: Assigned
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 59th
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,627 Square Feet
- Features: Corner Lot, Front Yard, Level, Rectangular Lot
Details
- Parcel number: 4004007021
- Zoning: LAR1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $345/sqft
- Tax assessed value: $226,280
- Annual tax amount: $3,163
- Date on market: 3/14/2025
- Cumulative days on market: 235 days
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 1570
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2025 | Sold | $850,000-5.5%$345/sqft |
Source:  CRMLS #SB25057029 Report a problem | ||
| 11/6/2025 | Pending sale | $899,500$366/sqft |
Source: CRMLS #SB25057029 Report a problem | ||
| 4/16/2025 | Listed for sale | $899,500$366/sqft |
Source: CRMLS #SB25057029 Report a problem | ||
| 4/4/2025 | Contingent | $899,500$366/sqft |
Source: CRMLS #SB25057029 Report a problem | ||
| 3/15/2025 | Listed for sale | $899,500$366/sqft |
Source: CRMLS #SB25057029 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,163 +2% | $226,280 +2% |
| 2024 | $3,099 +1.6% | $221,844 +2% |
| 2023 | $3,050 +4.3% | $217,495 +2% |
| 2022 | $2,925 +1.7% | $213,231 +2% |
| 2021 | $2,875 -0.8% | $209,051 +1% |
| 2020 | $2,898 | $206,909 +2% |
| 2019 | $2,898 +6.2% | $202,853 +2% |
| 2018 | $2,730 | $198,877 +2% |
| 2017 | $2,730 +1.9% | $194,978 +2% |
| 2016 | $2,678 +3.3% | $191,156 +1.5% |
| 2015 | $2,593 +0.1% | $188,286 +2% |
| 2014 | $2,590 | $184,599 +4.5% |
| 2011 | -- | $176,632 +0.8% |
| 2010 | -- | $175,313 +5.9% |
| 2006 | -- | $165,597 |
| 2005 | -- | $165,597 +6% |
| 2003 | -- | $156,253 +2% |
| 2002 | -- | $153,191 +4% |
| 2000 | -- | $147,244 |
Find assessor info on the county website
Neighborhood: Park Mesa Heights
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Nearby schools
GreatSchools rating
- 5/10Fifty-Fourth Street Elementary SchoolGrades: K-6Distance: 0.5 mi
- 6/10Horace Mann Ucla CommunityGrades: 6-12Distance: 1.6 mi
- 3/10Crenshaw Science, Technology, Engineering, Math And Medicine MagnetGrades: 9-12Distance: 0.8 mi
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Estimated market value
$851,700
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Estimated market value
$851,700
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