1548 59th Place, Los Angeles, CA 90047

Local realty services provided by:ERA North Orange County Real Estate
1548 59th Place,Los Angeles, CA 90047
$1,095,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:aaron jacobson
Office:lyon stahl investment real estate, inc.
MLS#:SB25238468
Source:CAREIL

Price summary

  • Price:$1,095,000

About this home

IDEAL OWNER USER OPPORTUNITY!! 1548 W 59th Place presents an excellent investment opportunity in the heart of Los Angeles generating over $9,000/month in rental income. This triplex offers a balanced mix of immediate rental income and value-add potential, appealing to both investors and owner-users. The property consists of three units totaling approximately 2,060 square feet, situated on a 4,480 square foot lot. One of the units—a spacious 3 bedroom, 1 bath unit—is tenant ready, providing the opportunity for an owner-user to occupy or for an investor to capture additional rental income at market rates. The remaining two units are leased to HACLA (Section 8) tenants, ensuring guaranteed government backed income and long-term stability. With a 9.83 GRM and a 7.71% cap rate, 1548 W 59th Place offers strong in-place returns with further upside through strategic management or renovation. Located in a growing South Los Angeles neighborhood with easy access to major employment centers,

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Home facts

  • Year built:1923
  • Listing ID #:SB25238468
  • Added:1 day(s) ago
  • Updated:October 16, 2025 at 04:31 PM

Structure and exterior

  • Year built:1923
  • Lot area:0.1 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,095,000
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