1571 E 118th, Los Angeles, CA 90059
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1571 E 118th,Los Angeles, CA 90059
$915,000
- 6 Beds
- 3 Baths
- 1,954 sq. ft.
- Single family
- Active
Listed by:kevin calderon
Office:roa california inc.
MLS#:IV25233881
Source:CRMLS
Price summary
- Price:$915,000
- Price per sq. ft.:$468.27
About this home
Welcome to 1571 E 118th St, Los Angeles, CA 90059 — a cash-flowing investment property located in the heart of South Los Angeles. This well-maintained multi-unit property generates an impressive $8,000/month in rental income, making it ideal for investors seeking strong returns from day one. The property features two spacious units, both occupied with long-term tenants, and a 3-car garage that has been converted into a 1 bed / 1 bath studio (un-permitted). The studio offers additional rental potential or the opportunity to explore ADU legalization for even greater upside. Set on a large 6,859 sq. ft. lot, this property offers ample parking and flexible use options. All units are separately metered, providing cost efficiency and control.
Located near major freeways, shopping, and public transportation, this property is perfectly positioned within a high-demand rental corridor of Los Angeles. Investors will appreciate the steady rental market, consistent appreciation, and future upside this property provides.
Don’t miss this opportunity to secure a high-yield, cash-flowing asset with built-in upside in one of L.A.’s most promising submarkets.
Contact an agent
Home facts
- Year built:1937
- Listing ID #:IV25233881
- Added:1 day(s) ago
- Updated:October 07, 2025 at 03:59 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,954 sq. ft.
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Year built:1937
- Building area:1,954 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Public
- Sewer:Sewer Not Available
Finances and disclosures
- Price:$915,000
- Price per sq. ft.:$468.27
New listings near 1571 E 118th
- New$2,225,000Active3 beds 4 baths2,580 sq. ft.
1690 N Crescent Heights, Los Angeles, CA 90069
MLS# CV25233661Listed by: RE/MAX MASTERS REALTY - New$900,000Active3 beds 2 baths1,389 sq. ft.
5308 Cleon, North Hollywood, CA 91601
MLS# DW25233299Listed by: BIG BLOCK POWERHOUSE REALTY - New$675,000Active2 beds 3 baths1,109 sq. ft.
11119 Camarillo St Toluca Lake, North Hollywood, CA 91602
MLS# OC25233565Listed by: FIRST TEAM REAL ESTATE - New$699,900Active4 beds 2 baths1,618 sq. ft.
10933 Anzac, Los Angeles, CA 90059
MLS# OC25233610Listed by: THE OPPENHEIM GROUP - New$1,599,000Active3 beds 2 baths1,982 sq. ft.
13232 Magnolia Boulevard, Sherman Oaks, CA 91423
MLS# SR25233005Listed by: THE AGENCY - New$950,000Active4 beds 2 baths1,438 sq. ft.
10505 Langdon Avenue, Mission Hills (san Fernando), CA 91345
MLS# SR25233371Listed by: JOHNHART REAL ESTATE - New$749,000Active2 beds 2 baths1,033 sq. ft.
1115 S Elm Drive #301, Los Angeles, CA 90035
MLS# SR25233409Listed by: HAMPTON REALTY & INVESTMENT - New$4,295,000Active5 beds 6 baths4,053 sq. ft.
4312 Camellia, Studio City, CA 91604
MLS# SR25233514Listed by: KELLER WILLIAMS REALTY CALABASAS - New$8,450,000Active4 beds 6 baths6,618 sq. ft.
10724 Wilshire #1501, Los Angeles, CA 90024
MLS# 25602079Listed by: DOUGLAS ELLIMAN - New$3,595,000Active3 beds 3 baths1,931 sq. ft.
1235 N Kenter Avenue, Los Angeles, CA 90049
MLS# 25601075Listed by: CAROLWOOD ESTATES