721 W 54th St Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated payment $5,406/month
Highlights
- Granite Countertops
- Balcony
- Doors swing in
- No HOA
- Living Room
- Tile Flooring
About This Home
Exceptional owner-user and investment opportunity! This well-maintained four-unit property offers immediate flexibility with three units ready for occupancy or lease-up. The unit mix consists of three 2-bedroom, 1-bath units and one spacious 2-bedroom, 2-bath unit with private en-suite bath. Each unit includes a range, select units include refrigerators, and the property provides four on-site parking spaces. Two upstairs units feature private balconies, adding desirable outdoor living space. Estimated market rents are approximately $2,200 per month per unit (buyer to verify), offering strong income potential. Ideal for an owner-occupant seeking rental income, multigenerational living, or an investor looking to maximize cash flow through immediate lease-up. One occupied unit (Unit 1) offers additional long-term value-add potential. Conveniently located near schools, shopping, transportation, and major freeways.
Listing Agent
Realty Executives All Cities Brokerage Phone: 310-614-7669 License #01027990 Listed on: 07/24/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,038
Year Built
- Built in 1965 | Remodeled
Lot Details
- 4,997 Sq Ft Lot
- 1 Common Wall
- South Facing Home
- Chain Link Fence
- Rectangular Lot
- Level Lot
- Front Yard
Home Design
- Quadruplex
- Entry on the 1st floor
- Turnkey
- Flat Roof Shape
- Stucco
Interior Spaces
- 3,616 Sq Ft Home
- 2-Story Property
- Window Screens
- Sliding Doors
- Living Room
Kitchen
- Gas Range
- Granite Countertops
- Quartz Countertops
- Tile Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Mirrored Closets Doors
- 5 Full Bathrooms
Home Security
- Window Bars
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Available
- Driveway
- Paved Parking
- Parking Lot
- Controlled Entrance
Utilities
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Doors swing in
- Balcony
- Urban Location
Listing and Financial Details
- Legal Lot and Block 29 / B
- Tax Tract Number 212
- Assessor Parcel Number 5001026023
- $948 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 1 Leased Unit
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $852
- Fuel Expense $600
- Gardener Expense $1,200
- Insurance Expense $2,000
- Maintenance Expense $1,300
- Trash Expense $600
- Water Sewer Expense $1,710
- Operating Expense $8,462
- Gross Income $100,890
- Net Operating Income $65,579
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2026 | $2,038 | $93,683 | $28,572 | $65,111 |
| 2025 | $2,038 | $91,847 | $28,012 | $63,835 |
| 2024 | $1,968 | $90,047 | $27,463 | $62,584 |
| 2023 | $1,950 | $88,282 | $26,925 | $61,357 |
| 2022 | $1,553 | $86,552 | $26,398 | $60,154 |
| 2021 | $1,511 | $84,856 | $25,881 | $58,975 |
| 2019 | $1,477 | $82,341 | $25,114 | $57,227 |
| 2018 | $1,380 | $80,727 | $24,622 | $56,105 |
| 2016 | $1,286 | $77,594 | $23,667 | $53,927 |
| 2015 | $1,272 | $76,429 | $23,312 | $53,117 |
| 2014 | $1,313 | $74,933 | $22,856 | $52,077 |
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 |
|---|---|---|---|---|
| 07/24/2026 07/24/26 | For Sale | $949,000 | -- | $262 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS26146061
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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