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1526 W 54th, Los Angeles, California 90062, Los Angeles, 90062 - bed, bath

1526 W 54th, Los Angeles, California 90062 home-pic-0
ACTIVE UNDER CONTRACT$999,900$1,977/sqft
1526 W 54th, Los Angeles, California 90062
0Bed
0Bath
1,977Sqft
5,249Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Strong Income Potential & Owner-Occupancy: As a triplex with strong income growth projections, this property offers excellent investment potential and is ideal for owner-occupants looking to offset mortgage costs with rental income from the other two units.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-04-23. The sold price is $548,500.00.

Compared to the nearby listings

Price:$999.9K vs avg $960.0K (+$39,900)53%
Size:1,977 sqft vs avg 2,178 sqft47%
Price/sqft:$506 vs avg $44065%

More Insights

Built in 1925 (101 years old).
Condition: Despite being built in 1925, this triplex has undergone an extensive and very recent renovation, as evidenced by the images and description of 'modern updates.' All visible components, including kitchens, bathrooms, flooring (new wood-look laminate/vinyl plank throughout), light fixtures (recessed lighting, modern pendants, ceiling fans), and paint, appear brand new and meet current quality standards. The kitchens feature white shaker cabinets, quartz countertops, and modern black fixtures. Bathrooms are similarly updated with new vanities, mirrors, lighting, and shower surrounds. The property is move-in ready with no visible deferred maintenance or physical depreciation in the renovated areas.
Year Built
1925
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
$506
HOA
-
Days on market
-
Sold On
-
MLS number
DW25282036
Home ConditionExcellent
Features
View-

About this home

VACANT BEAUTIFULL TRIPLEX IN THE VERMONT SQUARE AREA! An exceptional opportunity to reside in the Vermont square neighborhood, minutes from USC, MUSEUMS, COLISEUM, DOWN TOWN, freeways 110 and 10, It just makes it excellent income property investment. Is fantastic alternative for those considering helping themselves with income property while living on it. This property presents significant owner-occupancy potential, ideal for buyers who wish to live in one unit while benefiting from rental income generated by the other units. Front building holds 2 units; 2 bedroom unit with 1 1/2 baths and 1 bedroom / 1 bath, both with laundry area. detached unit in the back is 1 bedroom/ 1 bathroom. This property offers strong income growth projections making it a great option for investment, A well-maintained multi-unit triplex located in the heart of Los Angeles. Each unit blends floors with modern updates, preserving the building's charm while offering a warm, inviting atmosphere enhanced by abundant natural light. Front units are equipped with washer and dryer hookups, enjoy its fresh lawn in front and rear yard wirth sprinklers system. The property offers both front and back yards, providing ample space for outdoor enjoyment and entertaining. Ideally located in the vibrant Park Hills It's within walking distance from the bustling Slauson/Overhill corridor, filled with shops and dining options. Just minutes from Ladera Park, Kenneth Hahn Park, the Culver City Stairs, Fox Hills, major freeways, the Inglewood stadiums, LAX, and Marina Del Rey, this property offers unparalleled convenience in one of Los Angeles' most dynamic neighborhoods. Consider this opportunity to own a versatile property in one of LA's most exciting and sought-after neighborhoods.

J
Jehu Salazar
Listing Agent

Price History

Date
Event
Price
04/23/25
Sold
$548,500
Condition Rating
Excellent
Despite being built in 1925, this triplex has undergone an extensive and very recent renovation, as evidenced by the images and description of 'modern updates.' All visible components, including kitchens, bathrooms, flooring (new wood-look laminate/vinyl plank throughout), light fixtures (recessed lighting, modern pendants, ceiling fans), and paint, appear brand new and meet current quality standards. The kitchens feature white shaker cabinets, quartz countertops, and modern black fixtures. Bathrooms are similarly updated with new vanities, mirrors, lighting, and shower surrounds. The property is move-in ready with no visible deferred maintenance or physical depreciation in the renovated areas.
Pros & Cons

Pros

Strong Income Potential & Owner-Occupancy: As a triplex with strong income growth projections, this property offers excellent investment potential and is ideal for owner-occupants looking to offset mortgage costs with rental income from the other two units.
Prime Urban Location: Strategically located in the vibrant Vermont Square area, minutes from USC, Downtown LA, major freeways (110 & 10), and within walking distance to the Slauson/Overhill corridor, providing unparalleled access to education, employment, entertainment, and amenities.
Versatile Unit Mix with Amenities: The property features a diverse unit configuration (2-bed/1.5-bath, 1-bed/1-bath, and a detached 1-bed/1-bath), all equipped with laundry areas or hookups, catering to a broad range of tenant needs and enhancing rental appeal.
Well-Maintained with Modern Charm: Described as 'well-maintained' with 'modern updates' that preserve the building's original charm, offering a warm and inviting atmosphere enhanced by abundant natural light.
Valuable Outdoor Space: The presence of both front and back yards with a sprinkler system provides desirable outdoor enjoyment and entertaining space, a significant advantage in a dense urban environment.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-04-23. The sold price is $548,500.00.
Age of Property & Potential System Obsolescence: Built in 1925, the property's age suggests potential for aging infrastructure (e.g., plumbing, electrical, foundation, roof) that may require significant capital expenditure in the future, despite cosmetic updates.
Lack of Central Air Conditioning: The description does not mention central air conditioning, which could be a significant drawback for tenant comfort and market appeal, especially during Los Angeles' hotter months.
Limited Parking Information: The listing does not specify dedicated parking arrangements for three units, which can be a crucial amenity and a challenge for tenants and owner-occupants in a dense urban area like Los Angeles.
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