1159 W 54th ST, Los Angeles, CA 90037
1159 W 54th ST, Los Angeles, CA 90037,Video Tour
1159 W 54th ST, Los Angeles, CA 90037
29
See all 28 photos
$695,000
Est. payment /mo
5,174 Sqft Lot
Active

1159 W 54th ST Los Angeles, CA 90037

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26069475

HOA Y/N No

Year Built 1926

Lot Size 5,174 Sqft

Property Sub-Type Triplex

Property Description

Priced under value with strong cash-flow potential, this corner-lot triplex is a compelling opportunity for investors or owner-occupants seeking a value-add property. The front structure is a duplex with two 1 bed / 1 bath units (approximately 700 sq ft each), along with a separate rear remodeled 2 bed / 2 bath home of approximately 700 sq ft. The property sits on an approximately 5,200 sq ft lot and includes a 2-car garage. The property is to be purchased with tenants in place, with only one unit vacant at close of escrow, providing immediate income while allowing flexibility for an owner-occupant or rental repositioning. The vacant unit has been remodeled with new paint, new flooring, and an updated bathroom, making it move-in ready and positioned for strong market rent. The garage offers additional rental or future income potential, further enhancing returns in a high-demand rental area. A broker price opinion completed in May 2025 valued the property at $810,000 (before remodel). Convenient access to major, freeways, transit, and local amenities support long-term demand. Whether expanding a portfolio or living in one unit while collecting rent from the others, this property offers solid income today with long-term upside. New photos will be uploaded soon.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Heating Combination

Cooling None

Fireplaces Type Decorative

Fireplace Yes

Laundry Outside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Urban

Total Parking Spaces 2

Private Pool No

Building

Lot Description Yard

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5002025001

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Special Listing Condition Standard

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Listed by DJ Bonner Redfin Corporation 562-572-4203, DRE #01868983

NEARBY SCHOOL & BUSINESS

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1159 W 54th ST