$950,000

535 West 54th Street, Los Angeles, CA 90037

2,128 sqft

Triplex
Built in 1923
5,462sqft lot
3 car garage
$446/sqft
Listed 7 days ago

Property Description

Prime TRIPLEX in the heart of Los Angeles. Excellent INVESTMENT opportunity in a centralized Los Angeles location! This well-maintained triplex features a front DUPLEX with 2 bedrooms, 1.5-bath units, plus a detached 2-bedroom, 1-bath single-family residence in the rear; ideal for owner-occupants or savvy investors. The property boasts a roof in prime condition, tankless water heaters, and secure gated access. A RARE BONUS, is SEPARATELY METERED UTILITIES with 3 WATER METERS, 3 GAS METERS, and 3 ELECTRIC METERS; TENANTS PAY ALL THIER OWN UTILITIES, minimizing owner expenses. The lot is fully PAVED for LOW MAINTENANCE, and the property includes a 3-CAR GARAGE with ADU conversion potential creating additional INCOME possibilities.Conveniently located near freeways, schools, and restaurants, this is a fantastic opportunity for a first-time buyer looking to offset their mortgage with rental income or an investor seeking to expand their portfolio. STRONG income potential; this property may very well pay for itself. Don’t miss out on this versatile and high-upside opportunity.

Listing Status:: Active
Date Added:: March 4, 2026
Data Last Updated:: March 10, 2026 at 6:19PM
Listing Office:: Coldwell Banker Envision : 562-860-2443
Listing Agent:: Amber Walker : 310-422-7020
MLS ID:: RS26047078

Laundry: Inside

Pool: None
Parking: Parking spaces: 3

General: 1

Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: 5001025013

Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Amber Walker , Coldwell Banker Envision

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

52nd Street Elementary School

816 W 51st St, Los Angeles, CA, 90037

Grades KG-5

0.27 miles away

John Muir Middle School

5929 S Vermont Ave, Los Angeles, CA, 90044

Grades 6-8

0.68 miles away

Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship

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

Grades 9-12

0.55 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.