1345 W 54th Street, Los Angeles, California 90037, Los Angeles, 90037 - 3 bed, 1 bath
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Los Angeles, California 90037
This 1910 Craftsman is a Strong Value Opportunity listed at $609,000—positioned well below the $657,280 Fair Market Value by 7%. This valuation gap provides $48,280 in Instant Equity. While carrying a Condition Score of 4 due to deferred maintenance, the asset features rare central air and heat and an oversized garage with significant ADU potential. Located near BMO Stadium and USC, it offers access to 5-star rated Menlo Avenue Elementary. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1345 W 54th Street Subject | $609,000* List Price | 3 | 1 | 1,356 | $485 | - |
A 1111 W 54th Sold | $640,000 | 3 | 1 | 1,188 | $539 | 0.3 mi |
B 933 W 57th Sold | $585,000 | 3 | 2 | 1,152 | $508 | 0.6 mi |
C 1021 W 53rd St Sold | $725,000 | 4 | 2 | 1,649 | $440 | 0.4 mi |
D 1159 W 52nd Street Sold | $583,000 | 4 | 3 | 1,257 | $464 | 0.3 mi |
E 1040 W 45th Street Sold | $575,000 | 2 | 1 | 1,344 | $428 | 0.7 mi |
F 840 W 53rd Street Sold | $635,000 | 3 | 2 | 1,189 | $534 | 0.6 mi |
G 1225 W 52nd Street Pending | $605,000 List Price | 3 | 1 | 1,317 | $459 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a historic 1910 Craftsman that features functional upgrades like central air and heat, but it shows significant signs of wear and deferred maintenance. Interior images reveal heavily stained carpeting in the living areas, a bedroom with completely unfinished or damaged flooring, and dated kitchen and bathroom finishes including older cabinetry and black tile countertops. While the home appears structurally sound and livable, it requires comprehensive cosmetic updates and flooring replacement to meet modern standards.
The oversized garage provides a significant opportunity for conversion into an Accessory Dwelling Unit (ADU) or workshop, offering excellent potential for rental income or increased property value.
Despite its 1910 historic charm, the home features rare upgrades for its era, including central air and heat, an open-concept layout, and a fireplace, blending classic character with modern comfort.
The property is ideally situated in a high-demand area just 2 miles from BMO Stadium and 5 miles from SoFi Stadium and the Staples Center, making it a prime spot for sports fans and commuters.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With three bedrooms but only one bathroom, the property may be less appealing to larger families or modern buyers who typically expect a higher bed-to-bath ratio.
The majority of the assigned public schools in the immediate vicinity carry low performance ratings, which could be a drawback for families prioritizing educational quality.
Probate. No court confirmation required. This 3 bedroom Craftsman-style has solid bones and great potential. -R2 LOT- Ideal for buyers looking to add a unit, and their personal touch while preserving its historic charm. The home boasts wood floors, tons of natural light, and an open-concept layout. The large, open kitchen flows seamlessly into the main living areas, creating an inviting space for entertaining and everyday comfort. The oversized garage provides incredible flexibility and is perfectly suited for a large ADU, workshop, or additional living space. A great bonus is the fireplace in living room plus *central air and heat. Situated in a PRIME, LOCATION in the heart of the city- only 2 miles to BMO Stadium, 5 miles to Sofi Stadium and Staples Center. Convenience meets Opportunity! This home is a unique find with character, space, and endless possibilities. This is one you won't want to miss.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-2 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 1,356 | 1,300.5 | 56% |
| Lot Size | 5,187 | 5,273 | 50% |
| Price | $609.0K | $647.5K | 28% |
| Price per sq ft | $449 | $475 | 34% |
| Built year | 1910 | 1911 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 181 | 3% |
Apr 16, 2026
$609,000
Initial Listing
Feb 26, 1998
$92,000
Public Record
May 8, 1995
$105,000
Public Record