Active

1549 W 54th ST

LOS ANGELES CA, 90062

$1,100,000


$316.27 per sqft

Active

2 Beds

2 Baths

3,478 sqft

Multi-family

Built in 1923

This property has multiple opportunities because the units are very large. They are one bedrooms with a separate dining room which can be kept as a dining room, used as a family room or made into a second bedroom. One of the units is currently vacant so any buyer could occupy the unit and collect income from the remaining three units or renovate the unit and bring it up to market income. The tenants are well under market rent so there is a huge upside potential. There is a communal yard area that could be used for the development or upgraded to create a beautiful shared space for the tenants to enjoy. Units also have a large balcony/yard area that adds to the value of the rentals. With the ADU ordinances, the property may be allowed to add up to two additional units but buyer to verify the possibility of adding any ADUs to the property.

AR24246565MR

MLS ID

December 9, 2024

Listed

December 10, 2024

Updated

Map

1549 W 54th ST
LOS ANGELES CA, 90062

Interior Features

Total Stories

2


Bedrooms

2


Total Bathrooms

2


Appliances

None


Laundry Description

None


Fireplace

Yes


Fireplace Description

Living Room


Cooling

No


Cooling Description

None


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.16 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Los Angeles Southwest


Days on Market

1


Garage

No


Parking

Uncovered


Parking Total

7


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAC1

Listed by Tim Chen with Tim Chen, Broker
Listing Contact: 626-617-8096 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Barrentine Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/10/2024

Powered byLuxury Presence