1414 W 54th Street, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 3 bath
Loading property details...
Los Angeles, California 90062
This Income-Generating Residential Compound is a High-Potential Investment Opportunity, listed at $690,000—offering exceptional price stability at its $690,000 Fair Market Value. The property holds a Good Condition Rating, featuring an updated main house with Granite Countertops and a permitted Studio ADU currently generating $3,000-$3,500 monthly. With a detached garage providing clear Jr. ADU Potential and a strategic location near USC and DTLA, this asset is primed for maximum cash flow. It is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1414 W 54th Street Subject | $690,000* List Price | 3 | 3 | 1,300 | $531 | - |
A 1452 W 52nd Street Sold | $705,000 | 3 | 1 | 1,344 | $525 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property, built in 1941, benefits from significant updates. The main house features updated wood-look tile flooring, granite countertops, and refreshed bathrooms that are clean and functional, though the style may suggest updates from 10-20 years ago. The permitted ADU is a standout, boasting a beautifully renovated, modern kitchen with subway tile, butcher block countertops, and stainless steel appliances, along with a stylish subway tile bathroom with a clawfoot tub. The ADU also includes a modern mini-split AC unit. Both units are move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
The permitted Accessory Dwelling Unit (ADU) is a significant asset, currently generating substantial monthly income of $3,000-$3,500, providing excellent cash flow and investment returns.
Described as a 'perfect starter property' and 'amazing investment opportunity,' this property offers strong potential for appreciation and rental income, especially with its multiple units.
Located just south of USC and DTLA with easy access to the 110 freeway, the property benefits from high rental demand and a desirable urban setting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 816. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
Built in 1941, the property, despite recent updates, may present ongoing maintenance challenges and require more frequent upkeep typical of older constructions.
With a total of 1300 sqft for a 2-bedroom main house and a studio ADU, the combined living areas might feel constrained for some owner-occupants or larger families.
Perfect starter property with permitted ADU for great cash flow. 1414 W. 54th Street is an amazing investment opportunity just south of USC and DTLA, with easy access to the 110 freeway. The fully gated property is comprised of 2 buildings, the main house is a 2 Bed/2Bath (owner occupied) with beautiful wood floors, granite countertops and refreshed bathrooms. Detached is a permitted ADU studio (currently bringing in $3,000-$3,500 per month) featuring a beautiful subway tile kitchen with butcher block countertops, subway tile bathroom with a clawfoot tub & shower combo, and a front grass area ideal for lounging. There is also a detached garage (3rd structure) with laundry room that can be turned into a Jr. ADU, if new owner wishes to add to the property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 1,300 | 1,395.5 | 38% |
| Lot Size | 4,096 | 5,409 | 12% |
| Price | $690.0K | $710.0K | 44% |
| Price per sq ft | $531 | $553 | 44% |
| Built year | 1941 | 1913 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 104 | 186 | 21% |
Jan 8, 2026
$690,000
Initial Listing
Apr 22, 2021
$580,000
Public Record
Oct 23, 2018
$440,000
Public Record