1159 54th Street, Los Angeles, CA 90037
Local realty services provided by:ERA North Orange County Real Estate
1159 54th Street,Los Angeles, CA 90037
$695,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: dj bonner
Office: redfin corporation
MLS#:PW26069475
Source:CAREIL
Price summary
- Price:$695,000
About this home
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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Home facts
- Year built:1926
- Listing ID #:PW26069475
- Added:49 day(s) ago
- Updated:May 21, 2026 at 04:24 PM
Heating and cooling
- Heating:Multi Type
Structure and exterior
- Year built:1926
- Lot area:0.12 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$695,000
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