See all 16 photos
$695,000
Est. payment /mo
4 Beds
4 Baths
5,173 Sqft Lot
Price Dropped by $65K
1159 W 54th Street Los Angeles, CA 90037
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25204733
Bedrooms 4
Lot Size 5,173 Sqft
Property Sub-Type Res Income 2-4 Units
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
Zoning Public Rec
Direction corner of Budlong and 54th St
Interior
Heating Combination Heating
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5002025001
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA

Listed by DJ Bonner Real Estate Ebroker Inc
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