Priced under value with strong cash-flow potential, this corner-lot triplex is a compelling opportunity for investors or owner-occupants seeking a value-add property. The front structure is a duplex with two 1 bed / 1 bath units (approximately 700 sq ft each), along with a separate rear remodeled 2 bed / 2 bath home of approximately 700 sq ft. The property sits on an approximately 5,200 sq ft lot and includes a 2-car garage. The property is to be purchased with tenants in place, with only one unit vacant at close of escrow, providing immediate income while allowing flexibility for an owner-occupant or rental repositioning. The vacant unit has been remodeled with new paint, new flooring, and an updated bathroom, making it move-in ready and positioned for strong market rent. The garage offers additional rental or future income potential, further enhancing returns in a high-demand rental area. A broker price opinion completed in May 2025 valued the property at $810,000 (before remodel). Convenient access to major, freeways, transit, and local amenities support long-term demand. Whether expanding a portfolio or living in one unit while collecting rent from the others, this property offers solid income today with long-term upside. New photos will be uploaded soon.
AGENT: DJ Bonner LISTING BROKERAGE: Redfin Corporation
Courtesy of Redfin Corporation. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1159 W 54th ST
Los Angeles, CA
Property Details
Price:
$695,000
MLS #:
PW26069475
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
c34losangelessouthwest
Listed Date:
Apr 1, 2026
Total Sq Ft:
2,144
Lot Size:
5,173 sqft / 0.12 acres (approx)
Year Built:
1926
C34 – Los Angeles SouthwestC34losangelessouthwest
Ask a Question
See this Listing
Schools
Interior
Cooling
NO
Heating
COM
Laundry Features
OUT
Exterior
Common Walls
_1CW
Community Features
URB
Garage Spaces
2
Parking Spots
2
Parking Total
2
Financial
Net Operating Income
$29,316
Map
Community
- Address1159 W 54th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
