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721 W 54th Street Los Angeles, CA $ 949,000
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721 W 54th Street
$ 949,000
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721 W 54th Street

Los Angeles, CA, 90037
$ 949,000
Baths1.0 Sq 3,616

Monthly Estimate*

$ 5,992

Listed by Realty Executives All Cities
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View a Virtual Tour
Studio

Multi-Family Home for sale in Los Angeles, CA

for $949,000 with 1 full bath. This 3,616 square foot home was built in 1965 on a lot size of 0.1147.

Exceptional owner-user and investment opportunity! This well-maintained four-unit property offers immediate flexibility with three vacant units ready for occupancy or lease-up. The unit mix consists of three 2-bedroom, 1-bath units and one spacious 2-bedroom, 2-bath unit with private en-suite bath. Each unit includes a range, select units include refrigerators, and the property provides four on-site parking spaces. Two upstairs units feature private balconies, adding desirable outdoor living space. Estimated market rents are approximately $2,200 per month per unit (buyer to verify), offering strong income potential. Ideal for an owner-occupant seeking rental income, multigenerational living, or an investor looking to maximize cash flow through immediate lease-up. One occupied unit (Unit 1) offers additional long-term value-add potential. Conveniently located near schools, shopping, transportation, and major freeways.

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Multi-Family Active

Price

$ 949,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,038

Style

Lot Size

0.1147

Year Built

1965

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

RS26146061

Days on Market

5
Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Flat
Appliances Gas Range Gas Water Heater Refrigerator
HOA Fee 0
Garage Spaces 0
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s) Window Bars
Construction Materials Stucco
Year Built 1965
Tenant Pays Electricity Gas
View None
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2025
Gross Income 0
Community Features Urban
Accessibility Accessible Doors
County Los Angeles
Net Operating Income 65579
Operating Expense 35311
Insurance Expense 2000
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 1300
Facing Direction South
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions North of Slauson Ave East of Hoover St
City Los Angeles
Disclosures Rent Control
Entry Location Driveway
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 4
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 4997
Number of Units Leased 1
Listing Terms Cash to New Loan Conventional
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 2038.36
Electric Expense 852
Fuel Expense 600
Property Condition Updated/Remodeled Turnkey
Trash Expense 600
Water Sewer Expense 1710
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://ranchophotos.com/mls/721-w-54th-st/
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 29
Property Sub Type Additional Quadruplex
Cap Rate 6.9
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Interior
Interior Amenities Balcony Granite Counters Quartz Counters Tile Counters
Flooring Carpet Laminate Tile
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Window Features Screens
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Chain Link
Parking Features Controlled Entrance Concrete Driveway On Site One Space
Lot Features Front Yard Rectangular Lot Street Level
Water Source Public
Total Parking 4
Inclusions 3 Stoves 2 Refrigerators
Lot Size Area 4997
Number of Buildings 1
Spa false
Building Area Total 3616
Lot Size Acres 0.1147
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Door Features Mirrored Closet Door(s) Sliding Doors
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
Road Frontage Type City Street
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* Excluded Features
List By
Realty Executives All Cities

Broker

watersrealtyinc@gmail.com

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Affordability Calculator

$6,162
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,992
Monthly Property Taxes
$170
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/24/2026$949,000 Listed Price

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721 W 54th Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $949,000 with 3,616 sqft and a lot size of 0.1147. 721 W 54th Street is a studio with 1.0 baths and was built in 1965. The property's zip code is 90037 which is in Los Angeles, CA

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