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5854 Woodlawn Ave, Los Angeles, CA 90003

List Price: $689,900On Market FlagOn market
Jul 8, 20252,990 sqft4 beds1 baths
Listed by: Maria Espinoza
License #: 01889831
Phone #: 888-652-1314
eXp Realty of Greater Los Angeles
Source:
CRMLS Logo
MLS #: PW25145315

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.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

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$/sqftValuation
HouseCanary$234/sqft$700,800

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

SUBJECT
5854 Woodlawn Ave, Los Angeles, CA 90003

5854 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

COMPARABLE
Choose comps
115 W 51st St, Los Angeles, CA 90037

115 W 51st St, Los Angeles, CA 90037

Sale: $763,000

11/1/20240.60 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

1040 W 64th St, Los Angeles, CA 90044

Sale: $860,000

7/18/20251.29 mi

Area:2,500 sqft
Price/sqft:$344
Beds:3
Baths:2
Year Built:
Weight:46.3%

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