535 W 54th Street, Los Angeles, CA 90037

• 6 beds
• 2,128 sqft

Property Description

537 West 54th Street is a 3-unit apartment complex located just west of Figueroa and north of Slauson Avenue. It consists of 2 buildings totaling 2,128 square feet. The duplex in front has (2) 2 bedroom-2-bathroom apartments and the rear house is a 2-bedroom 1 bath. The current income is $1,274 for one of the front 2-bedroom units and the other is rented at $2,100. The house is currently leased at $1,352 per month. The annual projected income is $56,712; however, one of the front 2-bedrooms may become available soon, which would help to increase the annual income substantially. No guarantee on that. Another huge benefit is that this property is separately metered for ALL utilities. Yes, no water, gas or electric bills. The structures were built in 1923 of wood-frame stucco construction, and they are situated on a 5,462 square foot lot, which is zoned LAR2. Great opportunity for a first-time investor or owner occupant. Call or email for more details.

Listing Status:

Active

Date Added:

May 14, 2026

Data Last Updated:

May 20, 2026 at 1:06PM

Listing Office:

McAlpin & Company : 310-437-4172

Listing Agent:

Jerome McAlpin : 310-437-4172

MLS ID:

CL26832565

Interior

• A/C: No Air Conditioning
• Heating: Wall Furnace

Exterior

• Parking: OtherUncovered Parking SpaceParking spaces: 4

Location

• County: Los Angeles

Lot

• Zoning: LAR25001025013
• View: None