5856 S Olive Los Angeles, CA $ 648,999
5856 S Olive
$ 648,999
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5856 S Olive

Los Angeles, CA, 90003
$ 648,999
Bedrooms3 Baths2.0 Sq 1,424

Monthly Estimate*

$ 4,482

Listed by Sylvester Wilson Jr., Pellego, Inc., sylvesterwilsonreal@gmail.com
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Multi-Family Home for sale in Los Angeles, CA

for $648,999 with 3 bedrooms and 2 full baths. This 1,424 square foot home was built in 1925 on a lot size of 0.1157.

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,

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Multi-Family Active

Price

$ 648,999

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1157

Year Built

1925

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB26227028

Days on Market

1

Features
General
Living Area 1424
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Possession Close Of Escrow
Roof Shingle
Appliances Gas Range
HOA Fee 0
Garage Spaces 0
Architectural Style Craftsman
Pool Features None
Year Built 1925
View Neighborhood
Stories Count 1
Levels One
Property Subtype Duplex
Community Features Urban
County Los Angeles
New Construction false
Property Type Residential
HOA false
Garage Y/N false
Full Baths 2
Special Listing Conditions Trust
Status Active
Directions Intersection of Slauson Blvd & Broadway Blvd
City Los Angeles
Entry Location 1
Senior Community Y/N false
High School District Los Angeles Unified
Number Of Units Total 2
MLS Area C37 - Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 5041
Listing Terms Cash Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Current Financing None
Property Condition Repairs Cosmetic
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Duplex
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Public Records
Tax Lot 65
Property Sub Type Additional Duplex
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Laminate
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Laundry Features None
Total Bedrooms 3
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 2
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Exterior
Fencing Chain Link
Parking Features Driveway
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 0
Lot Size Area 5041
Lot Size Acres 0.1157
Private Pool false
Lot Size Source Assessor
Road Frontage Type Private Road
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* Excluded Features
List By
Sylvester Wilson Jr.

Listing Agent

Pellego, Inc.

Broker

sylvesterwilsonreal@gmail.com

Email

Affordability Calculator

$4,482
Per Month
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Monthly Principal & Interest
$4,482
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/20/2026$648,999 Listed Price

Map


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5856 S Olive, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $648,999 with 1,424 sqft and a lot size of 0.1157. 5856 S Olive has 3 bedrooms, 2.0 baths, and was built in 1925. The property's zip code is 90003 which is in Los Angeles, CA