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Listed by: Renee Delgado (818) 606-1735 DRE #01924649 | Altera Real Estate Services (805) 419-3479
$699,900
Monthly Est:$3,484
6 Beds
5 Baths3 full baths + 2 half baths
2,128sqft
535 54th Street, Los Angeles, CA 90037
$699,900
$3,484/moEst:
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Multi Family
Built in 1923
$-- HOA
5,462 sqft lot
$329/sq.ft
Description
Three unit income property in South Los Angeles. Two buildings totaling 2,128 sq ft on a 5,462 sq ft LAR2 lot with 3 separate garages. All three units are two bedroom. Units 537 and 535 each have 1.5 baths and unit 535 1/2 has 1 bath. Two of the three have been updated. Current rents are $2,020 at unit 537, $1,352 at unit 535 1/2 and $1,254 at unit 535, a scheduled $4,626 per month and $55,512 annually. On two of the three units, a portion of the scheduled income is paid directly each month under a Housing Assistance Payment contract. Every unit is separately metered for gas, electric and water, so tenants carry all utilities and ownership carries none. Walk Score 96, minutes to the 110, USC, Exposition Park and Downtown. A great investment opportunity with established tenants and steady income already in place from day one.
- Houzeo last checked: 7 minutes ago
- Listing updated: October 28, 2026 at 9:04 pm
- Source: California Regional MLS-CA | MLS#: 226004317
This condo is in:
Property Details
Status
Pending
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1923
HOA Fees
-
Finished Area
2,128 sqft
Lot Size
5,462 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
226004317
MLS Status
Pending
Days on Market
54
Cumulative Days on Market
48
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 5
Interior
Flooring
Wood
Heating
Wall Furnace
Price History
| Date | Event | Price |
|---|---|---|
10/27/2026 Source: | Pending | $699,900 $329/sqft |
09/09/2026 Source: | Listed for Sale | $699,900 $329/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 05:30AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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