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5840 S Olive Street, Los Angeles CA 90003
5840 S Olive Street, Los Angeles CA 90003
5840 S Olive Street, Los Angeles CA 90003
5840 S Olive Street, Los Angeles CA 90003
5840 S Olive Street, Los Angeles CA 90003
5840 S Olive Street, Los Angeles CA 90003
5840 S Olive Street, Los Angeles CA 90003
5840 S Olive Street, Los Angeles CA 90003
5840 S Olive Street, Los Angeles CA 90003
5840 S Olive Street, Los Angeles CA 90003
5840 S Olive Street, Los Angeles CA 90003
5840 S Olive Street, Los Angeles CA 90003
5840 S Olive Street, Los Angeles CA 90003
5840 S Olive Street, Los Angeles CA 90003
5840 S Olive Street, Los Angeles CA 90003
California>Los Angeles>Florence

5840 S Olive StreetLos Angeles, CA 90003

For Sale

$750,000

Smart Buyer Rebate $6,250

This property is Back on the market : Buyer could not perform. 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!

Listed by Steven Richardson

·

License #01510320

·

Y Realty

·

213-344-7856

Last updated December 03, 2025

·

Source: CRMLS #PW25140354

Listing Facts

  • TypeMulti-family
  • NeighborhoodFlorence
  • Days on Prevu164

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/02/2025
Status changed to Active
$750,000
11/11/2025
Status changed to In Contract
$750,000
10/30/2025
Price Decreased
$750,000
10/28/2025
Status changed to Active
$785,000
10/21/2025
Status changed to Removed from Feed
$785,000
10/20/2025
Status changed to Active
$785,000
10/19/2025
Status changed to Removed from Feed
$785,000
10/18/2025
Status changed to Active
$785,000
10/16/2025
Status changed to Removed from Feed
$785,000
10/04/2025
Status changed to Active
$785,000
10/03/2025
Status changed to Removed from Feed
$785,000
09/20/2025
Status changed to Active
$785,000
09/19/2025
Status changed to Removed from Feed
$785,000
09/18/2025
Status changed to Active
$785,000
09/17/2025
Status changed to Removed from Feed
$785,000
09/16/2025
Status changed to Active
$785,000
09/14/2025
Status changed to Removed from Feed
$785,000
09/14/2025
Status changed to Active
$785,000
09/12/2025
Status changed to Removed from Feed
$785,000
09/12/2025
Status changed to Active
$785,000
09/05/2025
Status changed to Removed from Feed
$785,000
09/05/2025
Status changed to Active
$785,000
09/04/2025
Status changed to Removed from Feed
$785,000
09/01/2025
Status changed to Active
$785,000
08/29/2025
Status changed to Removed from Feed
$785,000
07/25/2025
Price Decreased
$785,000
06/30/2025
Listed by Y Realty
$799,000

Property Details for 5840 S Olive Street

Association

Amenities

  • Community Features: Gutter(s), Urban

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1923
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Front

Measurements

  • Building Area Total: 1,856
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,041
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,041
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $61,440.00
  • Operating Expense: $12,400.00

Taxes

  • Parcel Number: 6005007025

Interior

Features

  • Appliances: Range Hood, Water Heater
  • Flooring: Laminate
  • Interior Features: Coffered Ceiling(s), Quartz Counters, All Bedrooms Down, Bedroom On Main Level, Main Level Primary

Other

Features

  • Accessibility Features: Accessible Doors

Location

  • Tax Lot: 69

Parking

Parking

  • Parking Features: Concrete, Driveway, Paved

Utilities

Equipment

  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 5840 S Olive Street.

How does 5840 S Olive Street compare to other multi-family homes in Florence?

This multi-family home is listed 48% below the average price for multi-family homes in Florence and has been on the market for 57 more days than the typical home in this area.

5840 S Olive Street is a -bedroom multi-family home for sale in Los Angeles CA 90003. Available on Prevu for 164 days at $750,000. This includes a recent price decrease of $35,000. This property is located in Florence. The median listing price for multi-family homes in this area is $825,000. The home offers parking. Browse more multi-family home listings in Los Angeles.

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.