1159 W 54th St Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated payment $4,854/month
Highlights
- No HOA
- Garden
- 1-Story Property
- Laundry Room
- Combination Of Heating Systems
About This Home
Priced Under Value with Strong Cash Flow Potential – Charming Triplex near USC & DTLA! This corner-lot property includes a front duplex with two 1bd/1ba units (~700 sf each) plus a rear 2bd/2ba home (~700 sf). Situated on a ~5,200 sf lot, it also offers a 2-car garage. One unit is currently vacant and needs updating, offering huge upside for investors or an ideal owner-occupant opportunity.
The garage also presents potential rental income, adding to the already strong returns in one of LA’s most in-demand rental corridors. A BPO completed 4 months ago valued the property at $850,000, and it is strategically priced at $760,000 for a quick sale. Whether you’re expanding your portfolio or planning to live in one unit while collecting rent from the others, this property is a smart opportunity with significant growth potential.
Listing Agent
Real Estate Ebroker Inc Brokerage Phone: 562-572-4203 License #01868983 Listed on: 09/15/2025
Co-Listing Agent
Real Estate Ebroker Inc Brokerage Phone: 562-572-4203 License #01487635
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,658
Year Built
- Built in 1926 | Remodeled
Lot Details
- 5,173 Sq Ft Lot
- 1 Common Wall
- Garden
- Front Yard
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- Triplex
- Entry on the 1st floor
- Fixer Upper
- Shingle Roof
Interior Spaces
- 2,144 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Outdoor Features
- Exterior Lighting
Utilities
- Combination Of Heating Systems
- Standard Electricity
- Sewer Paid
Listing and Financial Details
- Tax Lot 111
- Tax Tract Number 2326
- Assessor Parcel Number 5002025001
- $484 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- 2 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $960
- Insurance Expense $300
- Water Sewer Expense $480
- Operating Expense $2,640
- Gross Income $31,956
- Net Operating Income $29,316
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,658 | $780,300 | $624,240 | $156,060 |
| 2024 | $9,658 | $765,000 | $612,000 | $153,000 |
| 2023 | $6,979 | $541,458 | $407,435 | $134,023 |
| 2022 | $6,670 | $530,843 | $399,447 | $131,396 |
| 2021 | $6,580 | $520,435 | $391,615 | $128,820 |
| 2020 | $6,643 | $515,100 | $387,600 | $127,500 |
| 2019 | $5,695 | $445,706 | $254,689 | $191,017 |
| 2018 | $5,599 | $436,968 | $249,696 | $187,272 |
| 2017 | $2 | $428,400 | $244,800 | $183,600 |
| 2016 | $4,340 | $335,498 | $227,273 | $108,225 |
| 2015 | $4,280 | $330,460 | $223,860 | $106,600 |
| 2014 | $4,314 | $323,987 | $219,475 | $104,512 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2025 09/15/25 | For Sale | $760,000 | -- | $354 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $425,000 | Gateway Title Co | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | $215,000 | Southland Title | |
| Grant Deed | $145,000 | Fidelity Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $168,400 | New Conventional | |
| Closed | $150,000 | New Conventional | |
| Previous Owner | $19,500 | Credit Line Revolving | |
| Previous Owner | $275,000 | New Conventional | |
| Previous Owner | $23,350 | New Conventional | |
| Previous Owner | $37,500 | Unknown | |
| Previous Owner | $399,000 | Negative Amortization | |
| Previous Owner | $73,500 | Stand Alone Second | |
| Previous Owner | $378,000 | Purchase Money Mortgage | |
| Previous Owner | $204,250 | No Value Available | |
| Previous Owner | $116,000 | No Value Available | |
| Closed | $29,000 | No Value Available | |
| Closed | $21,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25204733
APN: 5002-025-001
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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 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
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