$799,000

Estimated payment $5,049/month

Total Views 3,697
6 Beds
3 Baths
2,128 Sq Ft
$375 Price per Sq Ft

Highlights

  • Spanish Architecture
  • 1-Story Property
  • South Facing Home

About This Home

537 West 54th Street is a 3-unit apartment complex located just west of Figueroa and north of Slauson Avenue. It consists of 2 buildings totaling 2,128 square feet. The duplex in front has (2) 2 bedroom-2-bathroom apartments and the rear house is a 2-bedroom 1 bath. The current income is $1,274 for one of the front 2-bedroom units and the other is rented at $2,100. The house is currently leased at $1,352 per month. The annual projected income is $56,712; however, one of the front 2-bedrooms may become available soon, which would help to increase the annual income substantially. No guarantee on that. Another huge benefit is that this property is separately metered for ALL utilities. Yes, no water, gas or electric bills. The structures were built in 1923 of wood-frame stucco construction, and they are situated on a 5,462 square foot lot, which is zoned LAR2. Great opportunity for a first-time investor or owner occupant. Call or email for more details.

Listing Agent

Jerome McAlpin

McAlpin & Company License #00939725 Listed on: 05/14/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,462 Sq Ft Lot
  • South Facing Home

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,128 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5001-025-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

5,462 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2128
  • Lot Acreage: 0.1254
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 375.47

Exterior Features

  • Direction Faces: South
  • Other Structures: Other
  • View: No

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 251536
  • Assessed Land Percent: 60
  • Assessed Land Value: 377306
  • Total Assessed Value: 628842
  • Assessor Parcel Number: 5001-025-013
  • Lot Size Area: 5462

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.00
  • Number Of Units: 3
  • Type Of Units: Apartments

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,929 $628,842 $377,306 $251,536
2024 $7,802 $616,512 $369,908 $246,604
2023 $7,659 $604,424 $362,655 $241,769
2022 $7,314 $592,574 $355,545 $237,029
2021 $7,216 $580,956 $348,574 $232,382
2020 $7,862 $575,320 $345,000 $230,320
2019 $5,884 $468,500 $280,908 $187,592
2018 $5,785 $459,320 $275,400 $183,920
2017 $5,664 $450,000 $270,000 $180,000
2016 $4,133 $324,676 $216,451 $108,225
2015 $4,076 $319,800 $213,200 $106,600
2014 $4,110 $313,536 $209,024 $104,512
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2026 05/14/26 For Sale $799,000 +39.0% $375 / Sq Ft
12/06/2019 12/06/19 Sold $575,000 +1.8% $270 / Sq Ft View Prior Sale
11/01/2019 11/01/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $565,000 -- $266 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $567,500 North American Title Company
Grant Deed $450,000 Ticor Title Co
Trustee Deed -- None Available
Grant Deed -- Commonwealth Land Title
Interfamily Deed Transfer -- Gtc
Grant Deed $805,000 Chicago Title Co
Interfamily Deed Transfer -- Landsafe Title
Corporate Deed $230,000 Fntc
Grant Deed -- Fntc
Trustee Deed $120,300 --
Gift Deed -- --
Grant Deed $235,000 American Title Ins Co
Grant Deed $92,000 American Title Ins Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $510,000 New Conventional
Closed $425,625 New Conventional
Previous Owner $431,250 Purchase Money Mortgage
Previous Owner $365,000 New Conventional
Previous Owner $644,000 Purchase Money Mortgage
Previous Owner $248,000 New Conventional
Previous Owner $102,000 Unknown
Previous Owner $183,920 Purchase Money Mortgage
Previous Owner $25,000 Unknown
Previous Owner $25,000 Unknown
Previous Owner -- Unknown
Source: Public Records

Source: The MLS

MLS Number: 26832565

The MLS

APN: 5001-025-013

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