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.
Property Details
Price:
$1,100,000
MLS #:
AR24246565
Status:
Active
Baths:
0
Address:
1549 W 54th Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Dec 9, 2024
State:
CA
ZIP:
90062
Lot Size:
7,002 sqft / 0.16 acres (approx)
Year Built:
1923
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Gas Range
Cooling
None
Fireplace Features
Living Room
Flooring
Carpet
Heating
None
Exterior
Community Features
Sidewalks, Storm Drains
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre, Rectangular Lot, Yard
Parking Features
On Site, Tandem Uncovered, Uncovered
Parking Spots
7.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity
Utilities
Electricity Connected, Sewer Connected, Water Connected
Map
Community
- Address1549 W 54th Street Los Angeles CA
- Area699 – Not Defined
- CityLos Angeles
- CountyLos Angeles
- Zip Code90062
Similar Listings Nearby
- 623 W 79th Street
Los Angeles, CA$1,425,000
2.07 miles away
- 8412 Byrd Avenue
Inglewood, CA$1,400,000
2.32 miles away
- 4600 S Central Avenue
Los Angeles, CA$1,400,000
2.81 miles away
- 2628 Van Buren Place
Los Angeles, CA$1,400,000
2.68 miles away
- 1901 W Martin Luther King Jr Boulevard
Los Angeles, CA$1,400,000
1.34 miles away
- 2917 Kenwood Avenue
Los Angeles, CA$1,399,999
2.45 miles away
- 2533 S Orange Drive
Los Angeles, CA$1,399,000
3.92 miles away
- 6313 S Victoria Avenue
Los Angeles, CA$1,399,000
1.80 miles away
- 1535 W 28th Street
Los Angeles, CA$1,399,000
2.56 miles away
- 8919 Hooper Avenue
Los Angeles, CA$1,399,000
3.90 miles away
Courtesy of Tim Chen, Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1549 W 54th Street
Los Angeles, CA
LIGHTBOX-IMAGES