721 W 54th Street, Los Angeles, CA 90037
- $949,000
- List Price
- $949,000
- Status
- ACTIVE
- MLS#
- RS26146061
- Year Built
- 1965
- Lot Size
- 4,997
- Acres
- 0.11
- Lot Location
- Front Yard, Rectangular Lot, Street Level
- Days on Market
- 3
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- One Level
Property Description
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) offers additional long-term value-add potential. Conveniently located near schools, shopping, transportation, and major freeways.
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Additional Information
- Taxes
- $2,038
- Appliances
- Gas Range, Gas Water Heater, Refrigerator
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Exterior Construction
- Stucco
- Roof
- Flat
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, Granite Counters, Quartz Counters, Tile Counters
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $106,200
- Operating Expense
- 35311
Listing courtesy of Listing Agent: Denise Waters (watersrealtyinc@gmail.com) from Listing Office: Realty Executives All Cities.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.