$695,000

1159 W 54th Street, Los Angeles, CA 90037

2,144 sqft

Triplex
Built in 1926
5,175sqft lot
2 car garage
$324/sqft
Listed 22 hours ago

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.

Listing Status:: Active
Date Added:: April 1, 2026
Data Last Updated:: April 2, 2026 at 3:19AM
Listing Office:: Redfin Corporation : 877-973-3346
Listing Agent:: DJ Bonner : 562-572-4203
MLS ID:: PW26069475

Laundry: Outside
A/C: None
Heating: Combination
Fireplace: DecorativeFireplace

Pool: None
Parking: Parking spaces: 2

General: 1

Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: 5002025001

Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of DJ Bonner , Redfin Corporation

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Budlong Avenue Elementary School

5940 S Budlong Ave, Los Angeles, CA, 90044

Grades KG-5

0.46 miles away

John Muir Middle School

5929 S Vermont Ave, Los Angeles, CA, 90044

Grades 6-8

0.52 miles away

Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship

825 W 60th St, Los Angeles, CA, 90044

Grades 9-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.