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.
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
Triplex
Built in 1923
-- sqft lot
$804,200 Zestimate®
$399,500/sqft
$-- HOA
What's special
- 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#: DW26182346
Originating 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
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Price change | $799,000-6%$399,500/sqft |
Source: | ||
| 8/20/2026 | Listed for sale | $849,900+6.4%$424,950/sqft |
Source: | ||
| 8/8/2026 | Listing removed | $799,000$399,500/sqft |
Source: | ||
| 5/14/2026 | Listed for sale | $799,000+40.8%$399,500/sqft |
Source: | ||
| 12/9/2019 | Sold | $567,500+0.4%$283,750/sqft |
Source: Public Record Report a problem | ||
| 11/21/2019 | Pending sale | $565,000$282,500/sqft |
Source: CENTURY 21 Peak #SR19250799 Report a problem | ||
| 10/26/2019 | Listed for sale | $565,000-5%$282,500/sqft |
Source: Century 21 Peak #SR19250799 Report a problem | ||
| 1/17/2019 | Listing removed | $595,000$297,500/sqft |
Source: Marcus & Millichap #18381024 Report a problem | ||
| 10/23/2018 | Price change | $595,000-8.5%$297,500/sqft |
Source: Marcus & Millichap #18381024 Report a problem | ||
| 8/30/2018 | Listed for sale | $650,000+19.3%$325,000/sqft |
Source: Marcus & Millichap #18381024 Report a problem | ||
| 3/6/2018 | Listing removed | $545,000$272,500/sqft |
Source: Keller Williams Beach Cities #18299668 Report a problem | ||
| 2/18/2018 | Listed for sale | $545,000$272,500/sqft |
Source: Keller Williams Beach Cities #18299668 Report a problem | ||
| 1/24/2018 | Pending sale | $545,000$272,500/sqft |
Source: Keller Williams Beach Cities #18299668 Report a problem | ||
| 1/10/2018 | Listed for sale | $545,000+1.2%$272,500/sqft |
Source: Keller Williams Beach Cities #18299668 Report a problem | ||
| 11/16/2017 | Listing removed | $538,500$269,250/sqft |
Source: Danny K Bahng #17252326 Report a problem | ||
| 10/2/2017 | Listed for sale | $538,500$269,250/sqft |
Source: Danny K Bahng #17252326 Report a problem | ||
| 8/28/2017 | Pending sale | $538,500$269,250/sqft |
Source: Danny K Bahng #17252326 Report a problem | ||
| 7/18/2017 | Listed for sale | $538,500+5.6%$269,250/sqft |
Source: Danny K Bahng #17252326 Report a problem | ||
| 3/11/2017 | Listing removed | $510,000$255,000/sqft |
Source: Keller Williams Beach Cities #17189186 Report a problem | ||
| 2/7/2017 | Price change | $510,000-1.7%$255,000/sqft |
Source: Keller Williams Beach Cities #17189186 Report a problem | ||
| 1/26/2017 | Price change | $519,000-1.9%$259,500/sqft |
Source: Keller Williams Beach Cities #17189186 Report a problem | ||
| 1/3/2017 | Listed for sale | $529,000+17.6%$264,500/sqft |
Source: Keller Williams Beach Cities #17189186 Report a problem | ||
| 11/23/2016 | Sold | $450,000$225,000/sqft |
Source: Public Record Report a problem | ||
| 7/23/2016 | Listed for sale | $450,000+109.3%$225,000/sqft |
Source: Keller Williams Realty Downtown LA #16146712 Report a problem | ||
| 7/28/2010 | Listing removed | $215,000-73.3%$107,500/sqft |
Source: Century 21 A Better Service Realty #Y1001166 Report a problem | ||
| 9/12/2006 | Sold | $805,000+250%$402,500/sqft |
Source: Public Record Report a problem | ||
| 12/10/2002 | Sold | $230,000+91.2%$115,000/sqft |
Source: Public Record Report a problem | ||
| 9/28/2001 | Sold | $120,300-48.8%$60,150/sqft |
Source: Public Record Report a problem | ||
| 1/9/1998 | Sold | $235,000+155.4%$117,500/sqft |
Source: Public Record Report a problem | ||
| 2/10/1997 | Sold | $92,000$46,000/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Los Angeles
Local buyer's agents are ready to help






