721 W 54th Street
Los Angeles, CA 90037
8
Bed
5
Bath
4,997Sqft(Lot)
Exceptional owner-user and investment opportunity! This well-maintained four-unit property offers immediate flexibility with three vacant 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)
Property Details
Open House
- 07/26 2 PM-5 PM
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Balcony, GraniteCounters, QuartzCounters, TileCountersRoof: FlatAppliances: GasRange, GasWaterHeater, RefrigeratorLaundry Features: CommonAreaWindow Features: Screens -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Cooling: None
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Building Information
Year Built: 1965Building Area Total: 3616Construction Materials: StuccoStories: 1Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 4997 Lot Size Acres: 0.1147 Lot Size Source: Assessor Lot Size Square Feet: 4,997 Lot Description: FrontYard,RectangularLot,StreetLevel
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Listing Price Information
Listing Price: $949000CashToNewLoan, Conventional
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Tax Information
Parcel Number: 5001026023 Tax Lot: 29 Tax Block: B Tax Year: 2025 Annual Tax: $2038.36
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Virtual Tour
Parking Information
Parking Total: 4 ControlledEntrance, Concrete, Driveway, OnSite, OneSpace
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Utility Information
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected -
Location Information
Direction: North of Slauson Ave, East of Hoover St WaterSource: Public Security Features: CarbonMonoxideDetectors,SmokeDetectors,WindowBars
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1171 W 38th Street, Los Angeles, CA, 90037 | $799,000 | 1 | 1 | 2,100 | 2,100 SqFt |
| 927 W 48th Street, Los Angeles, CA, 90037 | $838,000 | 6 | 3 | 1,912 | 1,912 SqFt |
| 134 W 49th, Los Angeles, CA, 90037 | $888,999 | 8 | 3 | 2,342 | 2,342 SqFt |
| 348 W Vernon Avenue, Los Angeles, CA, 90037 | $775,000 | 3 | 4 | 2,940 | 2,940 SqFt |
| 237 W 50th, Los Angeles, CA, 90037 | $699,000 | 4 | 2 | 2,019 | 2,019 SqFt |
| 323 W 47th, Los Angeles, CA, 90037 | $839,000 | 6 | 2 | 1,925 | 1,925 SqFt |
| 458 W Vernon, Los Angeles, CA, 90037 | $895,000 | 6 | 4 | 3,726 | 3,726 SqFt |
| 342 W And 342 1/2 W. 52nd, Los Angeles, CA, 90037 | $649,900 | 4 | 2 | 2,242 | 2,242 SqFt |
| 314 W 56th, Los Angeles, CA, 90037 | $1,350,000 | 10 | 6 | 3,686 | 3,686 SqFt |
| 314 W 56th, Los Angeles, CA, 90037 | $1,350,000 | 10 | 6 | 3,686 | 3,686 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/26/2026 @ 18:13
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