535 W 54th St, Los Angeles, CA 90037
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535 W 54th St, Los Angeles, CA 90037
535 W 54th St, Los Angeles, CA 90037
535 W 54th St, Los Angeles, CA 90037
535 W 54th St, Los Angeles, CA 90037
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Gabriel Carrasco

Gabriel Carrasco

+1(424) 422-6029
$ 799,000
Est. payment /mo
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535 W 54th St Los Angeles, CA 90037

6 Beds

3 Baths

2,128 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,128 sqft

Price per Sqft $375

MLS Listing ID 26832565

Style Spanish

Bedrooms 6

Year Built 1923

Lot Size 5,462 Sqft

Acres 0.1254

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR2

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling None

Equipment Other

Exterior

Parking Features Uncovered

Garage Spaces 4.0

Waterfront Description None

View Y/N No

View None

Building

Architectural Style Spanish

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by McAlpin & Company
Gabriel Carrasco

Gabriel Carrasco

Agent | License ID: DRE# 02229520

+1(424) 422-6029

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535 W 54th St