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6 Beds
5 Baths
2,128 sqft

$699,900

535 W 54th Street, Los Angeles CA, 90037

Price per sqft$328.90
Built in1923
Property size2,128 sqft
Property typeResidential
Listed by Altera Real Estate Services and Renee Delgado.

Overview

Active

Listed Sep 10, 2026

Updated 4 weeks ago

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.

$4,656/mo

Est. mortgage payment based on a $699,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
226004317

Interior Features

Bedrooms
6
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Garage
Yes

Listed by Altera Real Estate Services, Renee Delgado,
Listing Contact: [email protected] 

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Data last updated 4:55 AM UTC, 9/11/2026

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