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For sale
  • Listed by: Ernest & Cooper Realty • Danny De La Torre • Contact: 323-919-4983
    Price cut: $50.9K (8/28)
    $799,000

    535 W 54th St, Los Angeles, CA 90037

    6beds
    3baths
    2sqft
    : 
    $5,400/mo
    Get pre-qualified
    Triplex
    Built in 1923
    -- sqft lot
    $804,200 Zestimate®
    $399,500/sqft
    $-- HOA

    What's special

    Excellent investment opportunity in los Angeles! This triplex consists of three 2-bedroom , 1-bathroom units and offers a great opportunity for an investor looking to add a multi-unit property to their porfolio. Two of the three units have been renovated, while the third unit offers additional potential for future improvements and value enhancement. The property features three separate garages and separate water meters for each unit. Tenants currently pay their own utilities. Current monthly rents are approximately $2,100 for 537 W 54th St, $1,352 for 535 1/2 W 54th St, and $1,254 for 535 W 54th St, for a combined current monthly rental income of approximately $4,706. The property offers approximately 2,128 square feet of total living area on an approximately 5,462 square foot lot, according to the Title property profile. Convenient Los Angeles location with access to major transportation corridors, employment centers, shopping and surrounding amenities. Great opportunity for an investor seeking three income-producing units with additional upside potential. Buyer and buyer’s agent are advised to independently verify all information, including square footage, lot size, unit configuration, rents, expenses, permits, zoning and all other property information.
    14 days
    204
    9

    Zillow last checked:

    Listing updated:

    Listed by:

    Danny De La Torre DRE #01514734 323-919-4983,

    Ernest & Cooper Realty

    Source: CRMLS,MLS#: DW26182346MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Rooms
      • Room types: Bedroom
      Bedroom
      • Features: All Bedrooms Down
      Appliances
      • Laundry: See Remarks
      Features
      • All Bedrooms Down
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 2
      • Total interior livable area: 2 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, Garage
      • Garage spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      Lot
      • Size: 5,462 Square Feet
      • Features: Back Yard, Front Yard, Yard
      Details
      • Parcel number: 5001025013
      • Zoning: LAR2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      • Attached to another structure: Yes
      Materials
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1923

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Street Lights
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $399,500/sqft
      • Tax assessed value: $641,738
      • Date on market: 8/20/2026
      • Cumulative days on market: 14 days
      • Listing terms: Cash,Cash to New Loan,Conventional
      • Total actual rent: 4706
      • Tenant pays: All Utilities, Telephone, Water

        Estimated market value

        $804,200

        $764,000 - $844,000

        $2,812/mo

        Price history

        DateEventPrice
        8/28/2026Price change$799,000-6%$399,500/sqft
        Source: CRMLS #DW26182346 Report a problem
        8/20/2026Listed for sale$849,900+6.4%$424,950/sqft
        Source: CRMLS #DW26182346 Report a problem
        8/8/2026Listing removed$799,000$399,500/sqft
        Source: CLAW #26832565 Report a problem
        5/14/2026Listed for sale$799,000+40.8%$399,500/sqft
        Source: CLAW #26832565 Report a problem
        12/9/2019Sold$567,500+0.4%$283,750/sqft
        Source: Public Record Report a problem
        11/21/2019Pending sale$565,000$282,500/sqft
        Source: CENTURY 21 Peak #SR19250799 Report a problem
        10/26/2019Listed for sale$565,000-5%$282,500/sqft
        Source: Century 21 Peak #SR19250799 Report a problem
        1/17/2019Listing removed$595,000$297,500/sqft
        Source: Marcus & Millichap #18381024 Report a problem
        10/23/2018Price change$595,000-8.5%$297,500/sqft
        Source: Marcus & Millichap #18381024 Report a problem
        8/30/2018Listed for sale$650,000+19.3%$325,000/sqft
        Source: Marcus & Millichap #18381024 Report a problem
        3/6/2018Listing removed$545,000$272,500/sqft
        Source: Keller Williams Beach Cities #18299668 Report a problem
        2/18/2018Listed for sale$545,000$272,500/sqft
        Source: Keller Williams Beach Cities #18299668 Report a problem
        1/24/2018Pending sale$545,000$272,500/sqft
        Source: Keller Williams Beach Cities #18299668 Report a problem
        1/10/2018Listed for sale$545,000+1.2%$272,500/sqft
        Source: Keller Williams Beach Cities #18299668 Report a problem
        11/16/2017Listing removed$538,500$269,250/sqft
        Source: Danny K Bahng #17252326 Report a problem
        10/2/2017Listed for sale$538,500$269,250/sqft
        Source: Danny K Bahng #17252326 Report a problem
        8/28/2017Pending sale$538,500$269,250/sqft
        Source: Danny K Bahng #17252326 Report a problem
        7/18/2017Listed for sale$538,500+5.6%$269,250/sqft
        Source: Danny K Bahng #17252326 Report a problem
        3/11/2017Listing removed$510,000$255,000/sqft
        Source: Keller Williams Beach Cities #17189186 Report a problem
        2/7/2017Price change$510,000-1.7%$255,000/sqft
        Source: Keller Williams Beach Cities #17189186 Report a problem
        1/26/2017Price change$519,000-1.9%$259,500/sqft
        Source: Keller Williams Beach Cities #17189186 Report a problem
        1/3/2017Listed for sale$529,000+17.6%$264,500/sqft
        Source: Keller Williams Beach Cities #17189186 Report a problem
        11/23/2016Sold$450,000$225,000/sqft
        Source: Public Record Report a problem
        7/23/2016Listed for sale$450,000+109.3%$225,000/sqft
        Source: Keller Williams Realty Downtown LA #16146712 Report a problem
        7/28/2010Listing removed$215,000-73.3%$107,500/sqft
        Source: Century 21 A Better Service Realty #Y1001166 Report a problem
        9/12/2006Sold$805,000+250%$402,500/sqft
        Source: Public Record Report a problem
        12/10/2002Sold$230,000+91.2%$115,000/sqft
        Source: Public Record Report a problem
        9/28/2001Sold$120,300-48.8%$60,150/sqft
        Source: Public Record Report a problem
        1/9/1998Sold$235,000+155.4%$117,500/sqft
        Source: Public Record Report a problem
        2/10/1997Sold$92,000$46,000/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $641,738 +2%
        2025$7,929 +1.6%$629,162 +2%
        2024$7,802 +1.9%$616,832 +2%
        2023$7,659 +4.7%$604,744 +2%
        2022$7,314 +1.4%$592,894 +2%
        2021$7,216 -8.2%$581,276 +1%
        2020$7,862 $575,320 +22.8%
        2019$7,862 +35.9%$468,500 +2%
        2018$5,785 $459,320 +2.1%
        2017$5,785 +2.1%$450,000 +38.6%
        2016$5,664 +37%$324,676 +1.5%
        2015$4,133 +0.6%$319,800 +2%
        2014$4,110 $313,536 -44.6%
        2008-- $566,100 +2%
        2007-- $555,000 +127.8%
        2006-- $243,651
        2005-- $243,651 +6%
        2003-- $229,900 +12.1%
        2002-- $205,000 -16%
        2000-- $244,139
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: South Los Angeles

        Getting around

        73 / 100
        Very Walkable
        67 / 100
        Good Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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