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5875 S Flower Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

5875 S Flower Street, Los Angeles, California 90003 home-pic-0
ACTIVE UNDER CONTRACT$624,998
5875 S Flower Street, Los Angeles, California 90003
0Bed
0Bath
1,927Sqft
5,313Lot
Year Built
1907
Close
-
List price
$625K
Original List price
$680K
Price/Sqft
$324
HOA
-
Days on market
-
Sold On
-
MLS number
SB25073612
Home ConditionTear down
Features
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $625.0K(29th), sqft - 1927(52th), beds - undefined(50th), baths - undefined(50th).

Probate Sale – Value-Add 3-Unit Investment Opportunity – 5875 S. Flower St., Los Angeles Discover the potential of this income-generating property located just minutes from Downtown Los Angeles! Situated on a quiet cul-de-sac, this LAR2-zoned lot spans 5,313 sq. ft. and is perfect for investors or developers seeking a value-add opportunity. This probate sale includes: Front House: 2 bed, 1 bath Rear Duplex: Each unit is 1 bed, 1 bath Generous Lot Size: Ideal for future development or enhancements TLC Needed: Property offers plenty of upside for those ready to renovate With strong rental demand in the area and room to improve, this is a great opportunity to increase cash flow and build equity over time. Property is sold as-is. Bring your vision and unlock the hidden value in this promising triplex. Don’t miss your chance to invest in a high-potential Los Angeles neighborhood!

Price History

Date
Event
Price
10/15/25
Sold
$600,000
Condition Rating
Tear down
Built in 1907, this property is explicitly described as needing 'TLC' and being sold 'as-is,' indicating substantial disrepair. The listing emphasizes its 'value-add opportunity' and the 'LAR2-zoned lot' for 'future development or enhancements,' strongly suggesting the value lies in the land rather than the existing structures. The visible interior (stained carpet, peeling paint) and exterior conditions confirm a state of severe neglect and outdated systems. The property likely requires demolition or a complete gut renovation, aligning with the 'tear-down' criteria where the structure is beyond practical repair and the value is in the land.
Pros & Cons

Pros

Income-Generating Triplex: This property is a 3-unit investment opportunity, providing immediate rental income and strong cash flow potential for investors.
Value-Add Potential: Described as a 'value-add' opportunity with 'TLC Needed,' it offers significant upside for renovation to increase equity and rental income.
Prime Los Angeles Location: Located just minutes from Downtown Los Angeles in an area with strong rental demand, ensuring consistent tenant interest.
Generous LAR2-Zoned Lot: The 5,313 sq. ft. LAR2-zoned lot provides ample space for future development, expansion, or enhancement projects.
Quiet Cul-de-Sac Setting: Situated on a quiet cul-de-sac, which typically offers a more peaceful living environment and reduced traffic.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-10-15. The sold price is $600,000.00.
Probate Sale Complexities: As a probate sale, the transaction process can be lengthy and involve court confirmation, potentially delaying closing.
As-Is Condition & Renovation Needs: The property is sold 'as-is' and requires 'TLC,' indicating substantial renovation costs and potential for unforeseen repairs.
Historic Property Age (1907): Built in 1907, the property likely has outdated systems and infrastructure, necessitating significant capital investment for modernization.

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