1159 W 54th Street, Los Angeles, CA 90037

  • $695,000
  • $760,000
1159 W 54th Street, Los Angeles, CA 90037
Active Fixer, Updated/Remodeled
1159 W 54th Street, Los Angeles, CA 90037
1159 W 54th Street, Los Angeles, CA 90037
  • $695,000
  • $760,000

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.

  • Address 1159 W 54th Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90037
  • Country US

Details

Updated on March 8, 2026 at 8:08 am
  • Property ID: PW25204733
  • Price: $695,000
  • Property Size: 2144 Sqft
  • Land Area: 0.1188 Acres
  • Garages: 2.0
  • Garage Size: x x
  • Year Built: 1926
  • Property Type: Triplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA,Fannie Mae,Freddie Mac
  • Roof: Shingle
  • Sewer: Sewer Tap Paid
  • Cooling: None
  • Heating: Combination
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Street Lights,Sidewalks

Contact Information

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