1159 West 54th Street, Los Angeles, CA 90037
1159 West 54th Street, Los Angeles, CA 90037,Video Tour
1159 West 54th Street, Los Angeles, CA 90037
1159 West 54th Street, Los Angeles, CA 90037
1159 West 54th Street, Los Angeles, CA 90037
1159 West 54th Street, Los Angeles, CA 90037
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Listed by DJ Bonner • Redfin Corporation
$ 695,000
Est. payment | /mo

2,144 SqFt


$ 695,000
Est. payment | /mo

2,144 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,144 sqft

Price per Sqft $324

MLS Listing ID PW-26069475

Year Built 1926

Lot Size 5,173 Sqft

Property Sub-Type Triplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Sw

Interior

Heating Combination

Fireplaces Type Decorative

Laundry Outside

Exterior

Garage Spaces 2.0

Pool None

Community Features Urban

Building

Lot Description Yard

Sewer Public Sewer

Others

Virtual Tour https://my.matterport.com/show/?m=EhdeKCDQpFV&mls=1

NEARBY SCHOOL & BUSINESS

Demi Fox

+1(805) 490-1401

demifox4re@gmail.com

1464 Madera Rd N. Suite 253, Valley, CA, 93065

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1159 West 54th Street