$ 695,000
-
$695,000
Price -
4
Bed -
4
Bath -
2,144
SqFt
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About the Listing PB17914 - PWBONNDJ
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.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
PW26069475
Year Built
1926
Total Square Footage
2,144
Lot/Acreage
0.12
County
Los Angeles
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Combination
- Fireplaces: Decorative
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Yard,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 2
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5002025001
- Tax Year: N/A
Payment Calculator
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Questions About..
1159 W 54th St Los Angeles, CA 90037
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