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1159 W 54th Street Los Angeles, CA $ 695,000
1159 W 54th Street
$ 695,000
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1159 W 54th Street

Los Angeles, CA, 90037
$ 695,000
Baths2.0 Sq 2,144

Monthly Estimate*

$ 4,279

Listed by Real Estate Ebroker Inc
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $695,000 with 2 full baths. This 2,144 square foot home was built in 1926 on a lot size of 0.1188.

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.

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Multi-Family Active

Price

$ 695,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1188

Year Built

1926

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW25204733

Days on Market

167

Features
General
Sewer Sewer Tap Paid
Heating Combination
Cooling None
Roof Shingle
Zoning LAR2
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1926
Electric Standard
Tenant Pays Cable TV Electricity Gas
View None
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 31956
Community Features Street Lights Sidewalks
County Los Angeles
Net Operating Income 29316
Operating Expense 2640
Insurance Expense 300
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Trust
Status Active
Directions corner of Budlong and 54th St
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 5173
Number of Units Leased 2
Listing Terms Cash Cash to New Loan Conventional Cal Vet Loan 1031 Exchange FHA Fannie Mae Freddie Mac
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Property Condition Fixer Updated/Remodeled
Trash Expense 0
Water Sewer Expense 480
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 111
Total Actual Rent 31956
Property Sub Type Additional Triplex
Expected Active Date 2025-09-15
Cap Rate 3.6
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Interior
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Outside
Entry Level 1
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Exterior
Lot Features 2-5 Units/Acre Front Yard Garden
Water Source Public
Total Parking 2
Lot Size Area 5173
Number of Buildings 3
Spa false
Building Area Total 2144
Lot Size Acres 0.1188
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Real Estate Ebroker Inc

Broker

DJBonner@Outlook.com

Email

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$4,279
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Monthly Principal & Interest
$4,279
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Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/29/2025$695,000 -8.55% Price Down
12/15/2025$760,000 4.25% Price Up
11/20/2025$729,000 Listed Price

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1159 W 54th Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $695,000 with 2,144 sqft and a lot size of 0.1188. 1159 W 54th Street is a studio with 2.0 baths and was built in 1926. The property's zip code is 90037 which is in Los Angeles, CA