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.
MLS #
CRPW26069475
MLS Source
California Regional MLS
Days on Site
0
Appliances
Other
Cooling
None
Heating
Multi Type
Pool
None
Garage/Parking
Garage: 2 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | 3 |
1159 W 54th St is a Triplex in Los Angeles, CA 90037. This – square foot property sits on a 5,173 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $695,000 and was built in 1926. This address can also be written as 1159 W 54th St, Los Angeles, CA 90037.
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This listing information is up-to-date as of April 01, 2026. For the most current information, please contact DJ Bonner, (562) 572-4203