Welcome to 1571 E 118th St, Los Angeles, CA 90059 — a cash-flowing investment property located in the heart of South Los Angeles. This well-maintained multi-unit property generates an impressive $8,000/month in rental income, making it ideal for investors seeking strong returns from day one. The property features two spacious units, both occupied with long-term tenants, and a 3-car garage that has been converted into a 1 bed / 1 bath studio (un-permitted). The studio offers additional rental potential or the opportunity to explore ADU legalization for even greater upside. Set on a large 6,859 sq. ft. lot, this property offers ample parking and flexible use options. All units are separately metered, providing cost efficiency and control.
Located near major freeways, shopping, and public transportation, this property is perfectly positioned within a high-demand rental corridor of Los Angeles. Investors will appreciate the steady rental market, consistent appreciation, and future upside this property provides.
Don’t miss this opportunity to secure a high-yield, cash-flowing asset with built-in upside in one of L.A.’s most promising submarkets.
Sold for $910,000
Listed by: ROA CALIFORNIA INC. • KEVIN CALDERON • Contact: 909-231-9750
Bought with: NONMEMBER MRML
$910,000
1571 E 118th St, Los Angeles, CA 90059
6beds
1,954sqft
Duplex
Built in 1937
6,859 Square Feet Lot
$915,700 Zestimate®
$466/sqft
$4,475 Estimated rent
Home value
$915,700
$833,000 - $1.01M
$4,475/mo
Zestimate® history
Owner options
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$4,475/mo
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$4,475/mo
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$5,861/mo
Est. payment
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$5,861/mo
Est. payment
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Ample parkingTwo spacious units
Zillow last checked:
Listing updated:
Listed by:
KEVIN CALDERON DRE #02201527 909-231-9750,
ROA CALIFORNIA INC.
Bought with:
General NONMEMBER, DRE #02112489
NONMEMBER MRML
Source: CRMLS,MLS#: IV25233881
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 6
Rooms
- Room types: Bonus Room, Bedroom, Family Room, Living Room
Bedroom
- Features: Bedroom on Main Level
Bedroom
- Features: All Bedrooms Down
Cooling
- Central Air
Appliances
- Included: Dryer, Washer
- Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Outside, See Remarks
Features
- All Bedrooms Down, Bedroom on Main Level
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 1,954 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,859 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6149010021
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1937
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Sewer Not Available
Community & HOA
Community
- Features: Park, Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $466/sqft
- Tax assessed value: $847,554
- Annual tax amount: $11,322
- Date on market: 10/6/2025
- Cumulative days on market: 32 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,1031 Exchange,FHA 203(b),FHA,Fannie Mae
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Sold | $910,000-0.5%$466/sqft |
Source:  CRMLS #IV25233881 Report a problem | ||
| 11/20/2025 | Pending sale | $915,000$468/sqft |
Source: CRMLS #IV25233881 Report a problem | ||
| 10/7/2025 | Listed for sale | $915,000+11.6%$468/sqft |
Source: CRMLS #IV25233881 Report a problem | ||
| 11/4/2022 | Sold | $820,000$420/sqft |
Source: Public Record Report a problem | ||
| 8/23/2022 | Pending sale | $820,000$420/sqft |
Source: CRMLS #DW22169821 Report a problem | ||
| 8/22/2022 | Listed for sale | $820,000$420/sqft |
Source: CRMLS #DW22169821 Report a problem | ||
| 8/22/2022 | Pending sale | $820,000$420/sqft |
Source: CRMLS #DW22169821 Report a problem | ||
| 8/3/2022 | Listed for sale | $820,000+86.8%$420/sqft |
Source: CRMLS #DW22169821 Report a problem | ||
| 8/17/2015 | Sold | $439,000+204.9%$225/sqft |
Source: Public Record Report a problem | ||
| 1/30/2015 | Sold | $144,000-50.3%$74/sqft |
Source: Public Record Report a problem | ||
| 1/28/2015 | Price change | $289,999+0%$148/sqft |
Source: CENTURY 21 Allstars #DW15000409 Report a problem | ||
| 1/7/2015 | Listed for sale | $289,900+81.2%$148/sqft |
Source: CENTURY 21 Allstars #DW15000409 Report a problem | ||
| 5/1/2014 | Listing removed | $160,000$82/sqft |
Source: CENTURY 21 Dynasty #MB14038192 Report a problem | ||
| 2/25/2014 | Listed for sale | $160,000$82/sqft |
Source: CENTURY 21 Dynasty #MB14038192 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,322 +1.8% | $847,554 +2% |
| 2024 | $11,117 +2.3% | $830,936 +1.3% |
| 2023 | $10,870 +74% | $820,000 +67.4% |
| 2022 | $6,248 -2% | $489,708 +2% |
| 2021 | $6,379 +2.1% | $480,107 +1% |
| 2020 | $6,247 | $475,185 +2% |
| 2019 | $6,247 +4.3% | $465,869 +2% |
| 2018 | $5,990 | $456,735 +2% |
| 2017 | $5,990 +3.4% | $447,780 +2% |
| 2016 | $5,792 -5.3% | $439,000 +84.1% |
| 2015 | $6,117 +92.3% | $238,447 +2% |
| 2014 | $3,181 | $233,777 +2.5% |
| 2012 | -- | $228,160 +2% |
| 2011 | -- | $223,687 +0.8% |
| 2010 | -- | $222,016 -0.2% |
| 2009 | -- | $222,545 +2% |
| 2008 | -- | $218,182 +2% |
| 2007 | -- | $213,905 +2% |
| 2006 | -- | $209,712 |
| 2005 | -- | $209,712 +43.4% |
| 2004 | -- | $146,253 +1.9% |
| 2003 | -- | $143,574 +2% |
| 2002 | -- | $140,760 +6.2% |
| 2000 | -- | $132,600 |
Find assessor info on the county website
Neighborhood: Southeast Los Angeles
Nearby homes
- $510,6002 bd1 ba829 sqft951 E 118th Dr, Los Angeles, CA 90059Off Market
- $675,4004 bd2 ba1.5k sqft945 E 118th Dr, Los Angeles, CA 90059Off Market
- $648,9004 bd2 ba1.4k sqft950 E 118th Dr, Los Angeles, CA 90059Off Market
- $629,8003 bd2 ba1.3k sqft944 E 118th Dr, Los Angeles, CA 90059Off Market
- $547,8002 bd1 ba861 sqft957 E 118th Dr, Los Angeles, CA 90059Off Market
- $683,1003 bd2 ba1.2k sqft956 E 118th Dr, Los Angeles, CA 90059Off Market
- $554,9003 bd1 ba968 sqft939 E 118th Dr, Los Angeles, CA 90059Off Market
- $614,1002 bd2 ba1.1k sqft938 E 118th Dr, Los Angeles, CA 90059Off Market
Nearby schools
GreatSchools rating
- 5/10One Hundred Sixteenth Street Elementary SchoolGrades: K-5Distance: 0.3 mi
- 3/10Samuel Gompers Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Alain Leroy Locke College Prep AcademyGrades: 9-12Distance: 0.9 mi
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Estimated market value
$915,700
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
$915,700
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