Properties

Los Angeles, CA 90037 1159 W 54th Street

1159 W 54th Street Los Angeles, CA - Image 11159 W 54th Street Los Angeles, CA - Image 21159 W 54th Street Los Angeles, CA - Image 3
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Presented By: DJ Bonner with Redfin Corporation; 562-572-4203
  • MLS# PW26069475
  • 04/01/2026
  • Get pre-approved
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  • Baths • 1
  • SQFT • 2,144
  • Garage • 2

Home Details

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.
Presented By: DJ Bonner with Redfin Corporation; 562-572-4203

Interior Features for 1159 W 54th Street

Other Interior Features

Air Conditioning Y/NNo
Common Walls1 Common Wall
Fireplace FeaturesDecorative
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesOutside
Total Stories1

Other Rooms

Entry Level1

General for 1159 W 54th Street

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesUrban
CoolingNone
CountyLos Angeles
DirectionsCorner of Budlong and 54th St
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces2
Garage Y/NYes
Gross Income31956
HeatingCombination
Insurance Expense300
Land Lease Y/NNo
Listing TermsCash, Conventional, Submit
Lot Size Square Feet5173
Lot Size UnitsSquare Feet
MLS AreaC34 - Los Angeles Southwest
Net Operating Income29316
New ConstructionNo
Number Of Units Total3
Operating Expense2640
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot111
Tenant PaysCable TV, Electricity, Gas
Trash Expense390
Virtual TourClick here
Water Sewer Expense390
Year Built1926
Year Built SourcePublic Records

Exterior for 1159 W 54th Street

Building Area Total2144
Lot FeaturesYard
Lot Size Acres0.1188
Lot Size Area5173
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Private PoolNo
Total Parking2
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $695,000
MLS#PW26069475
List Date 04/01/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
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Request Info
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