124 E. 54th Street, Los Angeles, California 90011, Los Angeles, 90011 - 9 bed, 5 bath
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Los Angeles, California 90011
This Modern Residential Income Duplex is listed at $1,195,000, representing a stable asset compared to its $1,081,316 Fair Market Value. This 2010 Build holds a Good Condition Rating, featuring a high-capacity 5bd/3ba and 4bd/2ba configuration. Proximity to USC, DTLA, and Los Angeles Unified schools ensures consistent rental demand, while the Value-Add ADU Potential offers a clear path for forced appreciation. With newer infrastructure and 9 total bedrooms, this property maximizes yield in a central location. It is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 124 E. 54th Street Subject | $1,195,000* List Price | 9 | 5 | 3,206 | $337 | - |
A 456 E 43rd Place Sold | $935,000 | 0 | 0 | 2,640 | $354 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 2010, placing it within the 'Good' category based on age (10-20 years old). While the visible interiors feature basic finishes, such as brown carpeting that appears to show some wear, and simple flush-mount light fixtures, the overall structure is relatively new. A significant limitation in assessment is the complete absence of images for the kitchen and bathrooms, which are critical areas for determining condition and style. Assuming these areas are consistent with the visible living spaces and given the property's age, it is likely move-in ready, but may benefit from cosmetic updates to flooring and fixtures to enhance its appeal and meet modern standards. The lack of detailed photos for key areas, especially in an occupied investment property, suggests a need for thorough due diligence.
Built in 2010, this property offers newer infrastructure and potentially lower immediate maintenance costs compared to older Los Angeles properties.
Configured as a duplex (5bd/3ba + 4bd/2ba) with existing tenants and available financials (T-12, rent roll), indicating immediate and robust rental income generation.
Proximity to Downtown LA (DTLA), USC, Exposition Park, and quick 110 freeway access enhances tenant demand and long-term appreciation prospects.
The 'Do not disturb occupants' directive restricts easy access for showings and thorough buyer inspections, potentially complicating due diligence.
The responsibility for verifying ADU potential falls entirely on the buyer, introducing an element of uncertainty and additional research.
As an occupied investment property with limited access, there's an inherent risk of undisclosed or deferred maintenance issues that a buyer would need to address post-purchase.
Investor Duplex—2010 Build | 5bd/3ba + 4bd/2ba | ±3,206 SF Central L.A. location with quick 110 access; near DTLA, USC, and Exposition Park. OM available in supplements—seller requests buyers review prior to offers. Buyer to verify potential to add an ADU with the City. Do not disturb occupants. T-12 and rent roll available.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 0.0 | 97% |
| Baths | 5.0 | 0.0 | 97% |
| Square foot | 3,206 | 2,028 | 88% |
| Lot Size | 5,264 | 5,288 | 48% |
| Price | $1.20M | $750.0K | 91% |
| Price per sq ft | $373 | $373 | 48% |
| Built year | 2010 | 1912 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 160 | 209 | 30% |
Nov 13, 2025
$1,195,000
Initial Listing
Aug 7, 2019
$778,000
Public Record
Jul 27, 2006
$475,000
Public Record