721 W 54th ST, Los Angeles, CA 90037
721 W 54th ST, Los Angeles, CA 90037
721 W 54th ST, Los Angeles, CA 90037
721 W 54th ST, Los Angeles, CA 90037
721 W 54th ST, Los Angeles, CA 90037
721 W 54th ST, Los Angeles, CA 90037
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In-PersonVirtual Tour
$ 949,000
Est. payment | /mo

4,996 Sqft Lot


$ 949,000
Est. payment | /mo

4,996 Sqft Lot

Open House

Sun Jul 26, 11:00am - 2:00pm

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS26146061

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1965

Annual Tax Amount $2,038

Tax Year 2025

Lot Size 4,996 Sqft

Property Sub-Type Quadruplex

Property Description

Exceptional owner-user and investment opportunity! This well-maintained four-unit property offers immediate flexibility with three vacant 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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Interior Features Balcony, Granite Counters, Quartz Counters, Tile Counters

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate, Tile

Fireplaces Type None

Inclusions 3 Stoves, 2 Refrigerators

Fireplace No

Appliance Gas Range, Gas Water Heater, Refrigerator

Laundry Common Area

Exterior

Parking Features Controlled Entrance, Concrete, Driveway, On Site, One Space

Fence Chain Link

Pool None

Community Features Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Flat

Accessibility Accessible Doors

Total Parking Spaces 4

Private Pool No

Building

Lot Description Front Yard, Rectangular Lot, Street Level

Faces South

Story 2

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 5001026023

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars

Energy Description 600.0

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Standard

Virtual Tour https://ranchophotos.com/mls/721-w-54th-st/

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Denise Waters Realty Executives All Cities 310-614-7669, DRE #01027990

Nearby Locations

Alfredo Guzman
Alfredo Guzman

License ID: 01407137

+1(562) 786-5418 | alfredoguzmanre@gmail.com

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721 W 54th ST