Corner Mixed-Use
5806 3rd Ave, Los Angeles, CA 90043
For Sale
$760,000
Pending
Two residences accompany a street-facing commercial storefront along Slauson Avenue.
Property Size2,049 SF
Days on Market265
Property Features for 5806 3rd Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Corner Location
Highway Access
Road Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Equity Los Angeles
Listed By:
Sandy Dunkley · License #01832146
(310) 877-1887
Source:
Benbelack
Added: Feb 17
Changed: Nov 6
Last Checked: Nov 6 at 4:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Los Angeles
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Investment Insights
Based on property information with market context.
This mixed-use property combines 2,049 square feet of residential and commercial space in a corner configuration. The residential component includes two units: a 3-bedroom, 2-bathroom home and a separate 1-bedroom, 1-bathroom residence. A street-front storefront along Slauson Avenue adds commercial functionality and signage exposure. Gas and electric service are separately metered.
The property is located at 5806 3rd Ave in Los Angeles, within the 90043 corridor. The surrounding area includes parks, restaurants, and other amenities, with access to major freeways. SoFi Stadium, Intuit Dome, Kia Forum, and COSM are identified nearby. The combination of residential units and storefront space supports a mixed-use operating profile, with the commercial portion suited to the uses described in the property information, including professional office, creative studio, boutique, or neighborhood business applications.
The property is located at 5806 3rd Ave in Los Angeles, within the 90043 corridor. The surrounding area includes parks, restaurants, and other amenities, with access to major freeways. SoFi Stadium, Intuit Dome, Kia Forum, and COSM are identified nearby. The combination of residential units and storefront space supports a mixed-use operating profile, with the commercial portion suited to the uses described in the property information, including professional office, creative studio, boutique, or neighborhood business applications.
Key Highlights
- 2,049 SF mixed‑use property with residential and commercial components
- Two residential units: 3‑bedroom/2‑bathroom and 1‑bedroom/1‑bathroom
- Street‑front commercial storefront along Slauson Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,552
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,040
$951.0K
Cap Rate 7%
$679,314
$679.3K
Cap Rate 9%
$528,356
$528.4K
Market Conditions
NOI Build-Up for 2,049 SF
Gross rent
$75.7K $36.96/SF
− Vacancy
−$7.8K −$3.81/SF
EGI
$67.9K $33.15/SF
− OpEx
−$20.4K −$9.95/SF
NOI
$47.6K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,040
Cap Rate 7%
$679,314
Cap Rate 9%
$528,356
Alternative Uses
Best Use
Apartment 5plus
$36.22M
$31.70M – $42.26M
NOI $2,535,748 @ 7.0% cap · market cap 333.65%
Second Best
Retail
$679.3K
$594.4K – $792.5K
NOI $47,552 @ 7.0% cap · market cap 6.26%
Theoretical Best
Multifamily LT 5
$41.51M
$36.32M – $48.43M
NOI $2,905,806 @ 7.0% cap · market cap 382.34%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,367
Businesses Nearby
Explore this area
Business Placement
Demographics for 90043, CA
46,179
Population
18,307
Households
2.5
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
4.1 sq mi
ZIP Area
11,263
Density / Sq Mi
$65,496
Median Household Income
$42,077
Median Earnings
$1,424
Median Rent
$867,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles, CA
Properties on Market for Mixed-use properties in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two residences accompany a street-facing commercial storefront along Slauson Avenue.
Where is this mixed-use property located?
The property is located at 5806 3rd Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: 2,049 SF mixed‑use property with residential and commercial components; Two residential units: 3‑bedroom/2‑bathroom and 1‑bedroom/1‑bathroom; Street‑front commercial storefront along Slauson Avenue
