1414 W 54th Street, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 3 bath
1414 W 54th Street
Los Angeles, California 90062
Property Price
SUMMARY
Analysis of 1414 W 54th Street, Los Angeles, California 90062 reveals a Fairly Priced Property with a current list price of $690,000 aligned with the estimated $710,376 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
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 | $546 | - |
A 1452 W 52nd Street Sold | $705,000 | 3 | 1 | 1,344 | $525 | 0.1 mi |
B 1453 W 56th Street Active | $829,000 List Price | 3 | 2 | 1,470 | $564 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- High Income-Generating ADU
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.
- Exceptional Investment Opportunity
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.
- Strategic Location
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.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- Property Age & Potential Maintenance
Built in 1941, the property, despite recent updates, may present ongoing maintenance challenges and require more frequent upkeep typical of older constructions.
- Compact Overall Living Space
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.
About 1414 W 54th Street
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 4,096 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 79% |
| Square foot | 1,300 | 1,389 | 38% |
| Lot Size | 4,096 | 5,411 | 7% |
| Price | $690.0K | $800.0K | 34% |
| Price per sq ft | $531 | $556 | 48% |
| Built year | 1941 | 1913 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 185 | 7% |
Pricing History
Listed for Sale
Jan 8, 2026
$690,000
Initial Listing
Sold
Apr 22, 2021
$580,000
Public Record
Sold
Oct 23, 2018
$440,000
Public Record