535 W 54th St, Los Angeles, CA 90037
535 W 54th St, Los Angeles, CA 90037
535 W 54th St, Los Angeles, CA 90037
5
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$799,000
Est. payment /mo
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6 Beds
3 Baths
2,128 SqFt
New

535 W 54th St Los Angeles, CA 90037

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,128 sqft

Price per Sqft $375

MLS Listing ID 26832565

Style Spanish

Bedrooms 6

Year Built 1923

Lot Size 5,462 Sqft

Acres 0.1254

Property Sub-Type Multi-Family

Property Description

537 West 54th Street is a 3-unit apartment complex located just west of Figueroa and north of Slauson Avenue. It consists of 2 buildings totaling 2,128 square feet. The duplex in front has (2) 2 bedroom-2-bathroom apartments and the rear house is a 2-bedroom 1 bath. The current income is $1,274 for one of the front 2-bedroom units and the other is rented at $2,100. The house is currently leased at $1,352 per month. The annual projected income is $56,712; however, one of the front 2-bedrooms may become available soon, which would help to increase the annual income substantially. No guarantee on that. Another huge benefit is that this property is separately metered for ALL utilities. Yes, no water, gas or electric bills. The structures were built in 1923 of wood-frame stucco construction, and they are situated on a 5,462 square foot lot, which is zoned LAR2. Great opportunity for a first-time investor or owner occupant. Call or email for more details.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR2

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling None

Equipment Other

Exterior

Parking Features Uncovered

Garage Spaces 4.0

Waterfront Description None

View Y/N No

View None

Building

Architectural Style Spanish

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by McAlpin & Company

NEARBY SCHOOL & BUSINESS

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Candi Marshall

Candi Marshall

Realtor & TV Host | RE.S.0072180

+1(702) 523-1759

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535 W 54th St