2074 W 54th St Los Angeles, CA 90062
Chesterfield Square NeighborhoodEstimated payment $7,608/month
About This Home
STUNNING FOURPLEX IN AN OPPORTUNITY ZONE! Exceptional value-add investment opportunity in Chesterfield Square, centrally located south of USC and minutes from SoFi Stadium, Leimert Park, Exposition Park, West Adams, and Downtown Los Angeles. Nestled on a palm-lined street just a short walk to Chesterfield Square Park, this well-maintained property blends charm, space, and income potential.The front 3-bedroom, 2-bath residence has been completely remodeled, showcasing modern finishes, an open and inviting layout, updated kitchen and baths, and abundant natural light. Perfect for an owner-user or high-quality tenant, this home is move-in ready and adds tremendous appeal to the property.The three detached rear units each feature well-proportioned layouts with updated touches, providing immediate rental income plus substantial upside. The corner lot measures 7,282 sq. ft. with approx. 4,400 sq. ft. of living space, zoned LARD1.5, offering excellent future development potential.Additional highlights include refreshed interiors, off-street parking, and landscaped surroundings that boost curb appeal. With stable in-place income, significant rental upside, and a location within a designated Opportunity Zone offering potential tax benefits, this property is a rare find for both investors and owner-occupants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,381
Year Built
- Built in 1930
Home Design
- 4,402 Sq Ft Home
- Split Level Home
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Additional Features
- 7,282 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 5005-013-015
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 | $11,381 | $1,175,000 | $875,000 | $300,000 |
| 2024 | $11,381 | $497,236 | $188,344 | $308,892 |
| 2023 | $11,266 | $487,487 | $184,651 | $302,836 |
| 2022 | $10,988 | $477,930 | $181,031 | $296,899 |
| 2021 | $10,887 | $468,560 | $177,482 | $291,078 |
| 2020 | $10,939 | $463,757 | $175,663 | $288,094 |
| 2019 | $10,715 | $454,665 | $172,219 | $282,446 |
| 2018 | $10,604 | $445,751 | $168,843 | $276,908 |
| 2016 | $5,545 | $428,444 | $162,288 | $266,156 |
| 2015 | $5,469 | $422,010 | $159,851 | $262,159 |
| 2014 | $5,512 | $413,744 | $156,720 | $257,024 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | For Sale | $1,250,000 | +6.4% | $284 / Sq Ft |
| 10/17/2024 10/17/24 | Sold | $1,175,000 | +6.8% | $267 / Sq Ft |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- |
| 08/13/2024 08/13/24 | Price Changed | $1,100,000 | -15.3% | $250 / Sq Ft |
| 05/01/2024 05/01/24 | For Sale | $1,299,000 | -- | $295 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Wfg National Title | |
| Grant Deed | $1,175,000 | Wfg National Title | |
| Interfamily Deed Transfer | -- | Ticor Title Tustin Orange | |
| Interfamily Deed Transfer | -- | First American Title Co Lend | |
| Interfamily Deed Transfer | -- | United Title | |
| Individual Deed | $330,000 | United Title | |
| Gift Deed | -- | United Title Company | |
| Grant Deed | $161,500 | Benefit Land Title | |
| Trustee Deed | $166,250 | Benefit Land Title Ins Co | |
| Gift Deed | -- | -- | |
| Grant Deed | $170,000 | Fidelity Title | |
| Grant Deed | $280,000 | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $822,500 | New Conventional | |
| Previous Owner | $750,000 | New Conventional | |
| Previous Owner | $39,000 | Commercial | |
| Previous Owner | $600,000 | Construction | |
| Previous Owner | $700,000 | Purchase Money Mortgage | |
| Previous Owner | $600,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $455,000 | Unknown | |
| Previous Owner | $425,000 | New Conventional | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $323,142 | FHA | |
| Previous Owner | $35,000 | Stand Alone Second | |
| Previous Owner | $327,762 | FHA | |
| Previous Owner | $195,000 | No Value Available | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $268,355 | FHA |
Source: The MLS
MLS Number: 25589531
APN: 5005-013-015
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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