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.
Listed by Michael Millea
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License #01069014
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Lyon Stahl Investment Real Estate, Inc.
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310-233-2800
Last updated September 11, 2025
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Source: bridgeMLS #CRSB25057029
Listing Facts
TypeMulti-family
NeighborhoodHyde Park
Bedrooms4
Days on Prevu224
Size2,461 sqft
Price per sqft$366
Amenities
Parking
Location
Mortgage Calculator
Listing History
04/17/2025
Status changed to Active
$899,500
04/04/2025
Status changed to In Contract
$899,500
03/14/2025
Listed by Lyon Stahl Investment Real Estate, Inc.
$899,500
Property Details for 5868 Deane Avenue
Exterior
Construction
Number Of Units Total: 3
Year Built: 1941
Exterior Features: Front Yard
Measurements
Building Area Total: 2,461
Lot Features: Corner Lot, Level, Other, Front Yard
Lot Size Acres: 0.15
Lot Size Area: 0
Lot Size Square Feet: 6,627
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 4004007021
Interior
Measurements
Living Area: 2,461
Living Area Units: Square Feet
Rooms
Bedrooms Total: 4
Parking
Parking
Parking Features: Assigned
Utilities
Equipment
Cooling: No Air Conditioning
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: No Hookups
Based on information from bridgeMLS 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.
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.