For sale

Listed by: Realty Executives All Cities • Denise Waters • Contact: 310-614-7669

$949,000

721 W 54th St, Los Angeles, CA 90037

8beds

5baths

3,616sqft

$6,415/mo

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Quadruplex

Built in 1965

-- sqft lot

$948,900 Zestimate^®

$262/sqft

$-- HOA

What's special

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

41 days
187
13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 5

Rooms

Room types: Kitchen, Living Room

Heating

Wall Furnace

Cooling

None

Appliances

Included: Gas Range, Gas Water Heater, Refrigerator
Laundry: Common Area

Features

Balcony, Granite Counters, Quartz Counters, Tile Counters
Flooring: Carpet, Laminate, Tile
Doors: Mirrored Closet Door(s), Sliding Doors
Windows: Screens
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 3,616
Total interior livable area: 3,616 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 4
Parking features: Controlled Entrance, Concrete, Driveway, On Site, One Space
Uncovered spaces: 4

Accessibility

Accessibility features: Accessible Doors

Features

Levels: One
Stories: 1
Entry location: Driveway
Pool features: None
Spa features: None
Fencing: Chain Link

Lot

Size: 4,997 Square Feet
Features: Front Yard, Rectangular Lot, Street Level

Details

Parcel number: 5001026023
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Materials

Stucco
Roof: Flat

Condition

Updated/Remodeled,Turnkey
New construction: No
Year built: 1965

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

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

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $262/sqft
Annual tax amount: $2,038
Date on market: 7/24/2026
Cumulative days on market: 41 days
Listing terms: Cash to New Loan,Conventional
Inclusions: 3 Stoves, 2 Refrigerators
Tenant pays: Electricity, Gas
Road surface type: Paved

Estimated market value

$948,900

$901,000 - $996,000

$2,341/mo

Price history

Date	Event	Price
8/18/2026	Listed for sale	$949,000$262/sqft
Source: CRMLS #RS26146061 Report a problem
8/4/2026	Contingent	$949,000$262/sqft
Source: CRMLS #RS26146061 Report a problem
7/24/2026	Listed for sale	$949,000$262/sqft
Source: CRMLS #RS26146061 Report a problem
9/22/2025	Listing removed	$1,825$1/sqft
Source: Zillow Rentals Report a problem
9/1/2025	Listed for rent	$1,825$1/sqft
Source: Zillow Rentals Report a problem