$699,999

5881 S Broadway Avenue, Los Angeles, CA 90003

5 beds
2,200 sqft

Duplex
Built in 1927
2,614sqft lot
—— car garage
$318/sqft
Listed 1 month ago

Property Description

SELLER WILL CARRY THE LOAN FOR 1 YEAR... Versatile Multi-Use Zoned Property â€“ Ideal for Residential or Commercial Use This unique multi-use zoned property offers exceptional flexibility, currently configured and leased as residential units, but also suitable for commercial use. Both detached units were fully remodeled four years ago and feature modern updates, including: New flooring throughout Updated appliances Modern HVAC systems Washer/dryer hookups in the rear unit Unit Details: Front Unit: 1 bed / 1 bath | Approx. 500 sq ft | Month-to-month tenants Rear Unit: 4 bed / 2.5 bath (two-story) | Approx. 1,700 sq ft | Will be delivered vacant at the close of escrow. Property Highlights: Detached units with no shared walls. Gated alley access with parking for up to 4 vehicles. Separate electric meters for each unit. Whether you're an investor looking for strong rental income or an owner-user exploring commercial possibilities, this property offers rare versatility in a desirable location. Seller will carry the loan for 1 year. 25% Down at 7% interest only. With a balloon payment at the end of the 1 year term. Buyer must be qualified with sellers loan officer.

Listing Status:: Active
Date Added:: September 22, 2025 at 05:00AM
Listing Office:: Century 21 A Better Service : 562-806-1000
Listing Agent:: Steven Padilla : 562-231-2881
MLS ID:: CRDW25223038

Laundry: No Hookups

General: Other
Parking: None

County: Los Angeles

Zoning: 6005006003

This listing courtesy of Steven Padilla, Century 21 A Better Service

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

61st Street Elementary School

6020 S Figueroa St, Los Angeles, CA, 90003

Grades KG-6

0.28 miles away

Bethune Middle School

155 W 69th St, Los Angeles, CA, 90003

Grades 7-8

0.67 miles away

Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship

825 W 60th St, Los Angeles, CA, 90044

Grades 9-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.