535 54th Street Los Angeles, CA $ 699,900
535 54th Street
$ 699,900
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535 54th Street

Los Angeles, CA, 90037
$ 699,900
Bedrooms6 Baths3.2 Sq 2,128

Monthly Estimate*

$ 4,419

Listed by Altera Real Estate Services
535 54th Street, Los Angeles, CA 90037 - Image 1
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Multi-Family Home for sale in Los Angeles, CA

for $699,900 with 6 bedrooms and 3 full baths, 2 half baths. This 2,128 square foot home was built in 1923 on a lot size of 0.1254.

Three unit income property in South Los Angeles. Two buildings totaling 2,128 sq ft on a 5,462 sq ft LAR2 lot with 3 separate garages. All three units are two bedroom. Units 537 and 535 each have 1.5 baths and unit 535 1/2 has 1 bath. Two of the three have been updated. Current rents are $2,020 at unit 537, $1,352 at unit 535 1/2 and $1,254 at unit 535, a scheduled $4,626 per month and $55,512 annually. On two of the three units, a portion of the scheduled income is paid directly each month under a Housing Assistance Payment contract. Every unit is separately metered for gas, electric and water, so tenants carry all utilities and ownership carries none. Walk Score 96, minutes to the 110, USC, Exposition Park and Downtown. A great investment opportunity with established tenants and steady income already in place from day one.

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Multi-Family Active

Price

$ 699,900

Bedrooms

6

Full Bath

3

Half Bath

2

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

226004317

Days on Market

2

Features
General
Living Area 2128
Heating Wall Furnace
Possession Close Of Escrow
Zoning LAR2
Garage Spaces 3
Year Built 1923
County Los Angeles
Property Type Residential Income
HOA false
Garage Y/N true
Full Baths 3
Special Listing Conditions Standard
Status Active
City Los Angeles
Land Lease Amount 0
Entry Location Ground Level w/Steps
Senior Community Y/N false
Number Of Units Total 3
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 5462
Number of Units Leased 3
Listing Terms Submit
Property Attached Y/N true
Land Lease Y/N false
Standard Status Active
Year Built Source Assessor
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Interior
Flooring Wood
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 2
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 6
Total Baths 5
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Exterior
Total Parking 3
Lot Size Area 5462
Spa false
Lot Size Acres 0.1254
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Altera Real Estate Services

Broker

renee@yourcaliforniahome.com

Email

Affordability Calculator

$4,419
Per Month
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Monthly Principal & Interest
$4,419
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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
Pricing History
DatePricePrice ChangeDescription
9/10/2026$699,900 Listed Price

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535 54th Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $699,900 with 2,128 sqft and a lot size of 0.1254. 535 54th Street has 6 bedrooms, 3.2 baths, and was built in 1923. The property's zip code is 90037 which is in Los Angeles, CA