535 W 54th Street Los Angeles, CA ^$ 799,000

535 W 54th Street

^$ 799,000

Back to search

Recently Listed

535 W 54th Street

Los Angeles, CA, 90037

^$ 799,000

Bedrooms6 Baths1070.0 Sq 2,128

Monthly Estimate*

^$ 4,920

Listed by McAlpin & Company

535 W 54th Street, Los Angeles, CA 90037 - Image 1

535 W 54th Street, Los Angeles, CA 90037 - Image 2

535 W 54th Street, Los Angeles, CA 90037 - Image 3

535 W 54th Street, Los Angeles, CA 90037 - Image 4

535 W 54th Street, Los Angeles, CA 90037 - Image 5

Multi-Family Home for sale in Los Angeles, CA

for $799,000 with 6 bedrooms and 1070 full baths. This 2,128 square foot home was built in 1923 on a lot size of 0.1254.

537 West 54th Street is a 3-unit apartment complex located just west of Figueroa and north of Slauson Avenue. It consists of 2 buildings totaling 2,128 square feet. The duplex in front has (2) 2 bedroom-2-bathroom apartments and the rear house is a 2-bedroom 1 bath. The current income is $1,274 for one of the front 2-bedroom units and the other is rented at $2,100. The house is currently leased at $1,352 per month. The annual projected income is $56,712; however, one of the front 2-bedrooms may become available soon, which would help to increase the annual income substantially. No guarantee on that. Another huge benefit is that this property is separately metered for ALL utilities. Yes, no water, gas or electric bills. The structures were built in 1923 of wood-frame stucco construction, and they are situated on a 5,462 square foot lot, which is zoned LAR2. Great opportunity for a first-time investor or owner occupant. Call or email for more details.

Multi-Family Active

Price

^$ 799,000

Bedrooms

Full Bath

1,070

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1254

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26832565

Days on Market

Features

General

Living Area 2128

Heating Wall Furnace

Cooling None

Zoning LAR2

Architectural Style Spanish

Year Built 1923

View None

Stories Count 1

Levels One

Gross Income 56712

County Los Angeles

Net Operating Income 39889

New Construction false

Property Type Residential Income

HOA false

Facing Direction South

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions North of Slauson between Hoover and Figueroa

City Los Angeles

Senior Community Y/N false

Open Parking Spaces 4

Number Of Units Total 3

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 5462

Standard Status Active

Cap Rate 4.99

Interior

Total Stories 0

Air Conditioning Y/N false

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 6

Total Baths 3

Exterior

Parking Features Uncovered

Total Parking 4

Lot Size Area 5462

Number of Buildings 1

Building Area Total 2128

Lot Size Acres 0.1254

* Excluded Features

List By

Mcalpin & Company

Broker

jerome@mcalpinco.com

Affordability Calculator

$4,920

Per Month

Monthly Principal & Interest: $4,920
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 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.

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! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,888,575

Percent of Sale Price 136%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/14/2026	$799,000		Listed Price

Map

More homes like this one

homes for you

See all

535 W 54th Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $799,000 with 2,128 sqft and a lot size of 0.1254. 535 W 54th Street has 6 bedrooms, 1070.0 baths, and was built in 1923. The property's zip code is 90037 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 5/14/2026. 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?

535 W 54th Street

Multi-Family Home for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home