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Listed by Danny De La Torre, DRE #01514734 • Ernest & Cooper Realty
$799,000
Est. payment /mo
5,462 Sqft Lot
Price Dropped by $50K
535 W 54TH St Los Angeles, CA 90037
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26182346
Year Built 1923
Lot Size 5,462 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Excellent investment opportunity in los Angeles! This triplex consists of three 2-bedroom , 1-bathroom units and offers a great opportunity for an investor looking to add a multi-unit property to their porfolio. Two of the three units have been renovated, while the third unit offers additional potential for future improvements and value enhancement. The property features three separate garages and separate water meters for each unit. Tenants currently pay their own utilities. Current monthly rents are approximately $2,100 for 537 W 54th St, $1,352 for 535 1/2 W 54th St, and $1,254 for 535 W 54th St, for a combined current monthly rental income of approximately $4,706. The property offers approximately 2,128 square feet of total living area on an approximately 5,462 square foot lot, according to the Title property profile. Convenient Los Angeles location with access to major transportation corridors, employment centers, shopping and surrounding amenities. Great opportunity for an investor seeking three income-producing units with additional upside potential. Buyer and buyer's agent are advised to independently verify all information, including square footage, lot size, unit configuration, rents, expenses, permits, zoning and all other property information.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Exterior
Parking Features Garage, Other
Garage Spaces 3.0
Pool 31, None
Roof Type Shingle
Building
Story One Story
Water District - Public
Others
Special Listing Condition Not Applicable
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