133 - 135 E 54th Street, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This Strategic Residential Income Duplex is a Strong Value Opportunity, listed at $689,000—positioned well below the $745,722 Fair Market Value by 7%. This valuation gap secures $56,722 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring one fully remodeled unit with a new kitchen, stainless steel appliances, and mini-split HVAC. With approved ADU plans and $7,000 in pre-paid fees, this asset offers immediate rental upside and long-term appreciation. It is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 133 - 135 E 54th Street Subject | $689,000* List Price | 0 | 0 | 1,664 | $448 | - |
A 203 E 56th Street Sold | $745,000 | 0 | 0 | 1,926 | $387 | 0.1 mi |
B 151 E 54th Street Sold | $649,000 | 0 | 0 | 1,525 | $426 | 0.0 mi |
C 281 E 48th Street Active | $710,000 List Price | 0 | 0 | 1,702 | $417 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a 1907 duplex where one unit has been extensively and modernly renovated within the last year, featuring a new kitchen with stainless steel appliances, quartz countertops, new flooring, dual-pane windows, and a mini-split HVAC system. While the renovated unit meets 'excellent' standards, the 'good' rating for the overall property accounts for the second unit remaining in an unrenovated state and the age of the primary structure.
The duplex configuration allows an owner-occupant to live in one unit while renting the other, providing a significant hedge against mortgage costs and appealing to FHA/VA buyers.
The property comes with approved plans for an ADU and approximately $7,000 in pre-paid school fees, offering a streamlined opportunity to increase the property's value and rental yield.
One unit is fully updated with modern amenities including a new mini-split A/C, stainless steel appliances, dual-pane windows, and new flooring, ensuring immediate occupancy without initial repair costs.
Only one of the two units has been fully remodeled, likely requiring the new owner to invest additional capital into the second unit to maximize the property's total rental potential.
Built in 1907, the property may have underlying infrastructure and maintenance requirements typical of older homes that are not addressed by the cosmetic renovations in the primary unit.
FANTASTIC DEAL FOR A FIRST TIME HOME BUYER. Live in a beautiful fully remodeled unit and rent the other one. The remodeled unit (ONLY) has a brand new Mini Split.A/C, new stainless steel appliances, new flooring, new dual pane windows,new doors, new kitchen, doors and so much more. GREAT LOCATION FOR THE SAVVY INVESTOR, THESE UNITS HAVE APPROVED PLANS TO BUILD AN ADU (Needs to be updated but school fees have been paid $7000 dollars approximately.). Each unit has 2 bedrooms and 1 bath, with a lot of parking space in the back through the alley. Has separate meters for electrical and gas only. We welcome FHA and VA buyers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,664 | 2,001 | 31% |
| Lot Size | 4,960 | 5,261 | 28% |
| Price | $689.0K | $735.0K | 44% |
| Price per sq ft | $414 | $380 | 59% |
| Built year | 1907 | 1912 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 209 | 6% |
Mar 5, 2026
$689,000
Initial Listing