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1159 W 54th StreetLos Angeles, CA 90037

For Sale

$695,000

Smart Buyer Rebate $6,950

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.

Listed by DJ Bonner

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License #01868983

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Redfin Corporation

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562-572-4203

Last updated May 01, 2026

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Source: CRMLS #PW26069475

Listing Facts

  • TypeMulti-family
  • NeighborhoodVermont Square
  • Days on Prevu31

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/06/2026
Status changed to Active
$695,000
04/04/2026
Status changed to Removed from Feed
$695,000
04/01/2026
Listed by Redfin Corporation
$695,000

Property Details for 1159 W 54th Street

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Stories Total: 1
  • Year Built: 1926
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 2,144
  • Building Area Units: Square Feet
  • Lot Features: Yard
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,173
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,173
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $31,956.00
  • Operating Expense: $2,640.00

Taxes

  • Parcel Number: 5002025001

Interior

Features

  • Fireplace Features: Decorative
  • Fireplace: Yes

Other

Location

  • Tax Lot: 111

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Total: 2

Utilities

Equipment

  • Heating: Combination
  • Has Heating: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1159 W 54th Street.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 1159 W 54th Street.

How does 1159 W 54th Street compare to other multi-family homes in Vermont Square?

This multi-family home is listed 39% below the average price for multi-family homes in Vermont Square and has been on the market for 81 less days than the typical home in this area.

1159 W 54th Street is a -bedroom multi-family home for sale in Los Angeles CA 90037. On Prevu for 31 days at $695,000. This property is located in Vermont Square. The median listing price for multi-family homes in this area is $839,750. Additional amenities include parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.