$920,000
$999,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
1919 W 54th Los Angeles, CA 90062
8 Beds
4 Baths
6,242 Sqft Lot
Key Details
Sold Price $920,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR26098057
Sold Date 06/02/26
Bedrooms 8
Lot Size 6,242 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional investment opportunity in a high demand rental pocket of South Los Angeles! This very well-maintained 4-unit property offers strong income potential with three units delivered vacant, making it ideal for investors looking to set market rents or owner-occupy while generating cash flow. Each spacious unit just under 1,000 sq ft of living space (buyer to verify), with 2 bedrooms and 1 bathroom, providing highly desirable layouts for tenants. The property has been well cared for, including newer windows, enhancing both efficiency and overall appeal. One unit is currently in mid-renovation, presenting a prime value-add opportunity for the next owner to complete improvements and potentially achieve premium market rents upon completion. The property sits on a secured gated lot and includes a 4-car garage, offering additional upside potential (ADU, storage, or parking incomebuyer to verify). Conveniently located near Van Ness Recreation Center, tenants benefit from nearby green space, recreation, and accessibility to major streets, transit, and local amenities. Market rents for comparable 2-bedroom units in the area are trending approximately $2,400$2,800+, with upside potential as units are updated and stabilized. Opportunities like thiswith multiple vacant units and value-add potentialare becoming increasingly rare in this market. Priced to attract strong investor interest. All information deemed reliable but not guaranteed.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction 110 Freeway exit Slauson.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5005021015
Acceptable Financing Cal Vet, Cash, Conventional, FHA, VA
Listing Terms Cal Vet, Cash, Conventional, FHA, VA
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Bought with Olufunke Ola Century 21 Coastal Properties
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