New ListingExcellent investment opportunity in los Angeles! This triplex consists of three 2-bedroom , 1-bathroom units and offers a great opportunity for an investor looking to add a multi-unit property to their porfolio. Two of the three units have been renovated, while the third unit offers additional potential for future improvements and value enhancement. The property features three separate garages and separate water meters for each unit. Tenants currently pay their own utilities. Current monthly rents are approximately $2,100 for 537 W 54th St, $1,352 for 535 1/2 W 54th St, and $1,254 for 535 W 54th St, for a combined current monthly rental income of approximately $4,706. The property offers approximately 2,128 square feet of total living area on an approximately 5,462 square foot lot, according to the Title property profile. Convenient Los Angeles location with access to major transportation corridors, employment centers, shopping and surrounding amenities. Great opportunity for an investor seeking three income-producing units with additional upside potential. Buyer and buyer’s agent are advised to independently verify all information, including square footage, lot size, unit configuration, rents, expenses, permits, zoning and all other property information.
| MLS # | DW26182346 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 7 |
| Listing Provided By | Ernest & Cooper Realty | Danny De La Torre |
| SQ Feet | 2 |
|---|---|
| Garage | 3 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 2 |
| Zoning | LAR2 |
| Acreage | 0.13 |
| Interior Features | All Bedrooms Down |
|---|
| Roof | Shingle |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Lot Features | Back Yard, Front Yard, Yard |
| Parking Features | Driveway, Garage |
|---|---|
| Garage Yes / No | Yes |
| Sewer | Public Sewer |
|---|
| Community Features | Street Lights |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90037 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90037) | |
Price: $849,900 low | high Med: $1,375,000 sqft: 2 low | high Med: 4,510 $ / sqft: $424,950 low | high Med: $305 On site: 7 low | high Med: 225 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90037 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90037) | |
Price: $849,900 low | high Med: $1,375,000 sqft: 2 low | high Med: 4,510 $ / sqft: $424,950 low | high Med: $305 On site: 7 low | high Med: 225 | |