5856 S Olive, Los Angeles, CA 90003
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5856 S Olive, Los Angeles, CA 90003
5856 S Olive, Los Angeles, CA 90003
5856 S Olive, Los Angeles, CA 90003
5856 S Olive, Los Angeles, CA 90003
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5856 S Olive Los Angeles, CA 90003

3 Beds

2 Baths

1,424 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,424 sqft

Price per Sqft $455

MLS Listing ID SB26227028

Bedrooms 3

Full Baths 2

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1925

Lot Size 5,039 Sqft

Property Sub-Type Duplex

Property Description

Investor opportunity in the heart of South Los Angeles. Welcome to 5856 & 5856 1/2 So Olive Street, this Duplex features two 2-bedroom / 1- bath Units on a LAR-2 Lot. The Property Profile Indicated that the property has a total of 3 bedrooms / 2 baths, but it shows as a total of 4 beds / 2 baths. Both Units have new windows, flooring and updated kitchens & Bathrooms. The Units have their own electric and gas meters; they share the water meters.
This property offers an opportunity for both investors and owners-occupants. Buyers will have the option to live in one and rent the other, or lease both for excellent rental income potential. There is tenant parking for one can each in the back of the property. The property is located near the 110 freeway, MTA Transit Line, the LA Coliseum and USC. Each unit has been recently upgraded and are move-in ready. Both units will be delivered vacant. Don't miss this rare chance to own a fully upgrade,

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Rooms

Main Level Bedrooms 1

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry None

Exterior

Parking Features Driveway

Fence Chain Link

Pool None

Community Features Urban

View Y/N Yes

View Neighborhood

Roof Type Shingle

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Duplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 6005007021

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Trust


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Listed by Sylvester Wilson Jr. Pellego, Inc. 310-710-8266, DRE #01875393

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Fadi Haweileh

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+1(909) 731-6884

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5856 S Olive