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Sold for $670,000
  • Listed by: Redfin Corporation • DJ Bonner • Contact: 562-572-4203
    Bought with: Real Brokerage Technologies
    $670,000

    1159 W 54th St, Los Angeles, CA 90037

    4beds
    4baths
    2,144sqft
    Triplex
    Built in 1926
    -- sqft lot
    $670,400 Zestimate®
    $313/sqft
    $2,521 Estimated rent

    Home value

    $670,400

    $610,000 - $737,000

    $2,521/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    DJ Bonner DRE #01868983 562-572-4203,

    Redfin Corporation

    Bought with:

    Ivan Leon, DRE #02240327

    Real Brokerage Technologies

    Justin Tye, DRE #01728694

    Real Broker

    Source: CRMLS,MLS#: PW26069475MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Combination
    Cooling
    • None
    Appliances
    • Laundry: Outside
    Features
    • Has fireplace: Yes
    • Fireplace features: Decorative
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,144
    • Total interior livable area: 2,144 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 5,173 Square Feet
    • Features: Yard
    Details
    • Parcel number: 5002025001
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $313/sqft
    • Tax assessed value: $780,300
    • Annual tax amount: $9,778
    • Date on market: 4/1/2026
    • Cumulative days on market: 151 days
    • Listing terms: Cash,Conventional,Submit
    • Tenant pays: Cable TV, Electricity, Gas

    Price history

    DateEventPrice
    6/2/2026Sold$670,000-3.6%$313/sqft
    Source: CRMLS #PW26069475 Report a problem
    6/1/2026Pending sale$695,000+63.5%$324/sqft
    Source: CRMLS #PW26069475 Report a problem
    4/1/2005Sold$425,000+97.7%$198/sqft
    Source: Public Record Report a problem
    3/5/2003Sold$215,000+48.3%$100/sqft
    Source: Public Record Report a problem
    8/9/2001Sold$145,000$68/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,778 +1.2%$780,300 +2%
    2024$9,658 +38.4%$765,000 +41.3%
    2023$6,979 +4.6%$541,458 +2%
    2022$6,670 +1.4%$530,843 +2%
    2021$6,580 -0.9%$520,435 +1%
    2020$6,643 $515,100 +15.6%
    2019$6,643 +18.6%$445,706 +2%
    2018$5,599 $436,968 +2%
    2017$5,599 +2.1%$428,400 +27.7%
    2016$5,484 +26.4%$335,498 +1.5%
    2015$4,340 +0.6%$330,460 +2%
    2014$4,314 $323,987 +2.5%
    2012-- $316,200 -30.9%
    2010-- $457,911 -0.2%
    2009-- $459,000 +1.8%
    2008-- $451,013 +4%
    2006-- $433,500 +90.2%
    2005-- $227,859 +4%
    2004-- $219,013 +2.2%
    2003-- $214,200 +47.7%
    2002-- $145,000 +381.4%
    2000-- $30,120
    Find assessor info on the county website

    Neighborhood: South Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $670,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $670,400