Property Description
Income-Generating Property with C2 Zoning Near the 110 Freeway!
Great opportunity for investors, business owners, or savvy homebuyers! This versatile C2-zoned property in the heart of Los Angeles offers endless potential with multiple income streams and flexible use.
Situated on a 5,160 sq ft lot, the property features two structures:
Front House – SFR (Approx. 1,390 sq ft):
Originally a 3-bedroom, 1-bath home, the main house has been reconfigured into two separate 1-bedroom, 1-bath units to maximize rental income. The home boasts a very spacious kitchen, granite countertops, well-maintained cabinets, and split AC units in each bedroom and living room. The front yard is gated for added privacy and security.
Back Structure (Approx. 1,600 sq ft):
Previously used as a garage, this permitted warehouse (per prior owner) has been converted to include:
A 1-bedroom apartment
Two single rental rooms
That’s a total of 4 rental units currently generating income—with the option to restore the front home back to its original 3-bedroom layout if desired.
Why This Property Stands Out:
Zoned C2 – Ideal for mixed-use, residential, or commercial purposes
Flexible layout perfect for owner-users, investors, or business owners needing workspace.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$10,676
TurboHome Estimated Value
$700,800
$234 sqft
High Valuation
$735,840
$246/sqft
Normal Valuation
$700,800
$234/sqft
Low Valuation
$665,760
$223/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $234/sqft | $700,800 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Southeast Los Angeles
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Comparative Value
$690K
$763K
$860K
5854 Woodlawn Ave, Los Angeles, CA 90003
List Price: $689,900
Subject Property
115 W 51st St, Los Angeles, CA 90037
Sale Price: $763,000
Selected Comparable
1040 W 64th St, Los Angeles, CA 90044
Sale Price: $860,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT5854 Woodlawn Ave, Los Angeles, CA 90003
List: $689,900
Listed: 7/8/2025
Area:2,990 sqft
Price/sqft:$231
Beds:4
Baths:1
Year Built:—
Lot Size:5,162
Comparable Properties
COMPARABLEChoose comps
115 W 51st St, Los Angeles, CA 90037
Sale: $763,000
11/1/2024 • 0.60 mi
Area:2,480 sqft
Price/sqft:$308
Beds:4
Baths:2
Year Built:—
Weight:53.7%
1040 W 64th St, Los Angeles, CA 90044
Sale: $860,000
7/18/2025 • 1.29 mi
Area:2,500 sqft
Price/sqft:$344
Beds:3
Baths:2
Year Built:—
Weight:46.3%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
5854 Woodlawn Ave, Los Angeles, CA 90003 | $689,900 | 2,990 | $231 | 5,162 | — | 7/8/2025 | 4 | 1 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
115 W 51st St, Los Angeles, CA 90037 | $763,000 | 2,480 | $308 | 5,464 | 0.60 mi | 11/1/2024 | 4 | 2 | — | 53.7% | |
1040 W 64th St, Los Angeles, CA 90044 | $860,000 | 2,500 | $344 | 6,810 | 1.29 mi | 7/18/2025 | 3 | 2 | — | 46.3% |
Nearby Listings
183 similar properties within 5 miles

List Price: $624,999
242 W 58th St, Los Angeles, CA 90037
3 bd 2 ba 1,560 sqft
TurboHome Est. Value:
$663,300

List Price: $799,500
123 E Gage Ave, Los Angeles, CA 90003
4 bd 2 ba 1,205 sqft
TurboHome Est. Value:
$731,100

List Price: $600,000
205 E 64th St, Los Angeles, CA 90003
3 bd 1 ba 1,068 sqft
TurboHome Est. Value:
$654,300
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