Los Angeles, CA 90043 5723 2nd Avenue
$699,000
Pending
Presented By: Jesus Flores with United Real Estate Pacific States; 323-928-1488
- MLS# DW25017422
- 01/24/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 3
Baths • 1
SQFT • 1,808
Garage • 2
Home Details
Great investment opportunity in Los Angeles! This property features two units and a detached 2-car garage with potential for ADU conversion to generate additional income. The front unit includes 3 bedrooms and 1 bathroom, while the back unit offers 2 bedrooms and 1 bathroom. The detached garage provides added flexibility for future development. Conveniently located near Van Ness Park and Metro Station Division 5, the property offers easy access to USC, Downtown Los Angeles (DTLA), Exposition Park, Leimert Park, West Adams, and Jefferson Park, with quick connectivity to the 110 Freeway. This is an ideal opportunity for investors or homeowners looking to maximize rental income in a prime location.
Presented By: Jesus Flores with United Real Estate Pacific States; 323-928-1488
Interior Features for 5723 2nd Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInGarage
Total Stories1
Other Rooms
Entry Level1
General for 5723 2nd Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights, Sidewalks
CountyLos Angeles
DirectionsCross Streets W Slauson Ave & 2nd Ave.
Entry LocationFront
Garage Spaces2.0
Garage Y/NYes
Gross Income46800.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense2400.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional
Lot Size Square Feet4924.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income43200.0
New ConstructionNo
Number Of Units Total2
Operating Expense3600.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
Tax Lot128
Trash Expense1200.0
Year Built1920
Year Built SourceAssessor
ZoningLARD2
Exterior for 5723 2nd Avenue
Building Area Total1808.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.113
Lot Size Area4924.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate