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

535 West 54th Street

^$ 799,000

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535 West 54th Street

Los Angeles, CA, 90037

^$ 799,000

Studio Baths0.0 Sq 2,128

Monthly Estimate*

^$ 4,920

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

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

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

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

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

Studio

Multi-Family Home for sale in Los Angeles, CA

for $799,000. This 2,128 square foot home was built in 1923 on a lot size of 0.13.

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

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Spanish

Lot Size

0.13

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026832565

Features

General

Living Area 2128

Heating Wall Furnace

Zoning LAR2

Architectural Style Spanish

Year Built 1923

Levels One

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Los Angeles

Senior Community Y/N false

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 5462

Standard Status Active

Interior

Total Stories 0

Air Conditioning Y/N false

Heating Y/N true

Total Baths 0

Exterior

Parking Features Uncovered

Water Source None

Lot Size Area 5462

Foundation Details None

Building Area Total 2128

Lot Size Acres 0.13

* Excluded Features

List By

Jerome McAlpin

Listing Agent

Mcalpin & Company

Broker

jerome@mcalpinco.com

Affordability Calculator

$4,920

Per Month

Monthly Principal & Interest: $4,920
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,891,497

Percent of Sale Price 137%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

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Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

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Pricing History

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

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535 West 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 0.13. 535 West 54th Street is a studio with 0.0 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/14/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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535 West 54th Street

Multi-Family Home for sale in Los Angeles, CA

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