SELLER WILL CARRY THE LOAN FOR 1 YEAR... Versatile Multi-Use Zoned Property – 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.
For sale
Listing Provided by:
Steven Padilla DRE #00957274 562-607-1036,
Century 21 A Better Service
$699,999
5881 S Broadway, Los Angeles, CA 90003
10beds
8baths
2,200sqft
Est.:
Duplex
Built in 1927
-- sqft lot
$684,700 Zestimate®
$318/sqft
$-- HOA
What's special
- 131 days |
- 188 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: November 04, 2025 at 02:51pm
Listing Provided by:
Steven Padilla DRE #00957274 562-607-1036,
Century 21 A Better Service
Source: CRMLS,MLS#: DW25223038
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Parking
- Parking features: None
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 2,787 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6005006003
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $318/sqft
- Tax assessed value: $290,140
- Annual tax amount: $3,731
- Date on market: 9/22/2025
- Cumulative days on market: 131 days
- Listing terms: Cash,Cash to New Loan,Conventional,Fannie Mae,Owner May Carry,Submit,VA Loan
Estimated market value
$684,700
$650,000 - $719,000
$3,197/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Listed for sale | $699,999+180%$318/sqft |
Source: | ||
| 4/26/2017 | Sold | $250,000$114/sqft |
Source: Public Record Report a problem | ||
| 10/21/2016 | Listing removed | $250,000$114/sqft |
Source: 24 Hour Real Estate #DW16107196 Report a problem | ||
| 6/30/2016 | Price change | $250,000-2%$114/sqft |
Source: 24 Hour Real Estate #DW16107196 Report a problem | ||
| 5/20/2016 | Listed for sale | $255,000-8.6%$116/sqft |
Source: 24 Hour Real Estate #DW16107196 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,731 +1.8% | $290,140 +2% |
| 2024 | $3,663 +1.9% | $284,452 +2% |
| 2023 | $3,595 +4.8% | $278,876 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,292/mo
Principal & interest
$3370
Property taxes
$677
Home insurance
$245
Climate risks
Neighborhood: Southeast Los Angeles
Nearby schools
GreatSchools rating
- 8/10Figueroa Street Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Samuel Gompers Middle SchoolGrades: 6-8Distance: 0.7 mi
- 2/10Alain Leroy Locke College Prep AcademyGrades: 9-12Distance: 0.7 mi
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