1607 W 54th Street Los Angeles, CA ^$ 1,595,000

1607 W 54th Street

^$ 1,595,000

Back to search

1607 W 54th Street

Los Angeles, CA, 90062

^$ 1,595,000

Studio Baths0.0 Sq 7,000

Monthly Estimate*

^$ 11,142

Listed by Maher Commercial Realty

1607 W 54th Street, Los Angeles, CA 90062 - Image 1

1607 W 54th Street, Los Angeles, CA 90062 - Image 2

1607 W 54th Street, Los Angeles, CA 90062 - Image 3

1607 W 54th Street, Los Angeles, CA 90062 - Image 4

1607 W 54th Street, Los Angeles, CA 90062 - Image 5

1607 W 54th Street, Los Angeles, CA 90062 - Image 6

1607 W 54th Street, Los Angeles, CA 90062 - Image 7

1607 W 54th Street, Los Angeles, CA 90062 - Image 8

1607 W 54th Street, Los Angeles, CA 90062 - Image 9

1607 W 54th Street, Los Angeles, CA 90062 - Image 10

1607 W 54th Street, Los Angeles, CA 90062 - Image 11

1607 W 54th Street, Los Angeles, CA 90062 - Image 12

1607 W 54th Street, Los Angeles, CA 90062 - Image 13

1607 W 54th Street, Los Angeles, CA 90062 - Image 14

Studio

Commercial Property for sale in Los Angeles, CA

for $1,595,000. This 7,000 square foot building was built in 1921 on a lot size of 0.16.

30% leased at $2.25 per Sq.Ft. For sale or lease prime manufacturing/warehouse building near Downtown LA. This renovated gem features 7,000 Sq. Ft. with flexible divisions: Two 2,000 Sq. Ft. units (can be combined for a total of 4,000 Sq.Ft.) perfect for a multitude of retail or indoor shopping (swap meet) type uses and one 1,000 Sq. Ft. unit perfect for retail store, or other commercial or office type uses. Signalized intersection corner lot. Impressive 21' Bow Truss ceilings and 13.5' clearance. Equipped with 200 AMP power service. 2 roll-up doors for convenient access. Newly redone roof with a 5-Year Warranty. Frontage on W. 54th Street and Denker Avenue. Strategically located just one block east of Western Avenue and one block west of Normandie Avenue, minutes from Downtown LA, and 1.6 miles west of the 110 Freeway. Zoned LAC1 and in a TOC Tier 2 Zone, potential for building 28 units using TOC or pursuing 100% affordable projects.

Commercial Active

Price

^$ 1,595,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.16

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24343395

Days on Market

113

Features

General

Zoning LAC1

HOA 0.0

Year Built 1921

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions South on Western Avenue Ease on W. 54th Street

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area C34 - Los Angeles Southwest

Lot Size Square Feet 6969.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 54th

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 103

Standard Status Active

Exterior

Lot Features CornerLot

Total Parking 0.0

Lot Size Area 6969.0

Number of Buildings 1

Spa N

Building Area Total 7000.0

Lot Dimensions 140x50

Lot Size Acres 0.16

Lot Size Units SquareFeet

Lot Size Source Other

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 1607

* Excluded Features

List By

Maher Commercial Realty

Broker

(310) 464-1453

Phone

Affordability Calculator

$11,142

Per Month

Monthly Principal & Interest: $11,142
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,169,774

Percent of Sale Price 36%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/25/2024	$1,595,000	-5.90%	Price Down
3/6/2024	$1,695,000	-5.57%	Price Down
2/22/2024	$1,795,000	-5.28%	Price Down
2/9/2024	$1,895,000	-5.20%	Price Down
1/24/2024	$1,999,000	-7.02%	Price Down
1/23/2024	$2,150,000	-6.52%	Price Down
1/10/2024	$2,300,000		Listed Price

Map

More homes like this one

homes for you

See all

1607 W 54th Street, Los Angeles, CA, 90062 is a Commercial Property for sale at $1,595,000 with 7,000 sqft and a lot size of 0.16. 1607 W 54th Street is a studio with 0.0 baths and was built in 1921. The property's zip code is 90062 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1607 W 54th Street

Commercial Property for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home