1549 W 54Th Street, Los Angeles, CA 90062

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Property Description

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.


Interior Features

Laundry Information
Location(s) None
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Carpet
Interior Information
Cooling Type None

Listing Information

Address 1549 W 54Th Street
City Los Angeles
State CA
Zip 90062
County Los Angeles
Listing Agent Tim Chen DRE #01917982
Courtesy Of Tim Chen, Broker
List Price $1,100,000
Status Active
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 7,002
Year Built 1923

Listing information courtesy of: Tim Chen, Tim Chen, Broker. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 10th, 2024 at 5:13 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.