Welcome to 1571 E 118th St, Los Angeles, CA 90059 — a cash-flowing investment property located in the heart of South Los Angeles. This well-maintained multi-unit property generates an impressive $8,000/month in rental income, making it ideal for investors seeking strong returns from day one. The property features two spacious units, both occupied with long-term tenants, and a 3-car garage that has been converted into a 1 bed / 1 bath studio (un-permitted). The studio offers additional rental potential or the opportunity to explore ADU legalization for even greater upside. Set on a large 6,859 sq. ft. lot, this property offers ample parking and flexible use options. All units are separately metered, providing cost efficiency and control.
Located near major freeways, shopping, and public transportation, this property is perfectly positioned within a high-demand rental corridor of Los Angeles. Investors will appreciate the steady rental market, consistent appreciation, and future upside this property provides.
Don’t miss this opportunity to secure a high-yield, cash-flowing asset with built-in upside in one of L.A.’s most promising submarkets.
Located near major freeways, shopping, and public transportation, this property is perfectly positioned within a high-demand rental corridor of Los Angeles. Investors will appreciate the steady rental market, consistent appreciation, and future upside this property provides.
Don’t miss this opportunity to secure a high-yield, cash-flowing asset with built-in upside in one of L.A.’s most promising submarkets.
Property Details
Price:
$915,000
MLS #:
IV25233881
Status:
A
Beds:
6
Baths:
3
Type:
Single Family
Subtype:
Duplex
Neighborhood:
c16
Listed Date:
Oct 9, 2025
Finished Sq Ft:
1,954
Lot Size:
6,859 sqft / 0.16 acres (approx)
Year Built:
1937
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
3 Full Bathrooms
Cooling
CA
Laundry Features
AR, ELC, GAS, GE, SEE, OUT, DINC, WH, WINC
Exterior
Community Features
SDW, SL, PARK
Financial
Map
Community
- AddressE 118th Lot 8 Los Angeles CA
- CityLos Angeles
- CountyLA
- Zip Code90059
Subdivisions in Los Angeles
- 1788
- 6525 La Mirada
- 6790
- Adams-Normandie
- Angeleno Heights
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Athens Subdivision
- Avalon Gardens
- Baldwin Hills
- Beachwood Canyon Estates
- Bel Air Crest
- Bel Air Park
- Brentwood Country Estates
- Bronson Homes
- Crestwood Hills
- Ela Hills Tr
- Gramercy Park
- Harvard Heights
- Higgins Building
- Highland Park Extension
- Kentwood
- LA PALOMA ADD
- LaBrea Vista
- Lake Hollywood Estates
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Metropolis Prop
- Metropolis Tower 1
- Mid-City Heights
- Montecito Heights
- MountainGate Country Club / The Ridge
- Mulholland Corridor
- Nelavida
- Not Applicable – 1007242
- Not Applicable-105
- Other – 0011
- OTHR
- Pickford 4
- Rampart Heights
- Sunset Terrace
- Tapestry
- The Los Feliz Oaks Neighborhood
- The Ritz Carlton Residences Los Angeles
- TRACT #8330 LOT 59
- Tract No 3643 / Hollywood Hills East
- TRACT NO. 9741
- University Heights
- W Hollywood Residences
- West Adams
- West Hollywood West
- Wisendanger\’s Prospect Park Addition
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 28, 2025
2,151
Single Family Listed
59
Avg DOM
692
Avg $ / SqFt
$2,002,166
Avg List Price
Property Summary
- E 118th Lot 8 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90059. It is listed for $915,000 and features 6 beds, 3 baths, and has approximately 1,954 square feet of living space, and was originally constructed in 1937. The current price per square foot is $468. The average price per square foot for Single Family listings in Los Angeles is $692. The average listing price for Single Family in Los Angeles is $2,002,166.
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E 118th Lot 8
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