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

1526 W 54th Street, Los Angeles, California 90062 home-pic-0
ACTIVE$999,000
1526 W 54th Street, Los Angeles, California 90062
0Bed
0Bath
1,977Sqft
5,249Lot
Year Built
1925
Close
-
List price
$999K
Original List price
$1.15M
Price/Sqft
$505
HOA
-
Days on market
-
Sold On
-
MLS number
DW25150227
Home ConditionExcellent
Features
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $999.0K(56th), sqft - 1977(50th), beds - undefined(50th), baths - undefined(50th).

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.

Price History

Date
Event
Price
11/17/25
Price Change
$999,000-2.9%
10/28/25
Price Change
$1,029,000-1.0%
10/10/25
Price Change
$1,039,000-4.6%
09/10/25
Price Change
$1,089,000-5.1%
07/11/25
$1,147,000
04/23/25
Sold
$548,500
Condition Rating
Excellent
Despite being built in 1925, the property has undergone extensive and very recent modern renovations, as evidenced by the images and description. The kitchens feature brand new white shaker cabinets, white quartz countertops, modern black fixtures, stainless steel appliances (hood, refrigerator), and contemporary lighting (recessed and pendant). The flooring throughout is new, modern LVP, and the walls are freshly painted. The exterior also appears newly updated with fresh paint and modern elements. While no bathroom images are provided, the consistency of high-quality, recent updates in all other visible areas strongly suggests that the bathrooms would also be in excellent, newly renovated condition. The property meets the criteria for 'extensively renovated within 5 years' with virtually new components.
Pros & Cons

Pros

Income-Generating Triplex: The property is a vacant triplex, offering immediate income potential from three distinct units (2-bed/1.5-bath, 1-bed/1-bath, detached 1-bed/1-bath), ideal for investors.
Prime Los Angeles Location: Strategically located in the Vermont Square area, minutes from USC, Downtown LA, major freeways (110, 10), museums, and cultural attractions, enhancing its rental appeal.
Owner-Occupancy & Investment Flexibility: Presents significant owner-occupancy potential, allowing a buyer to live in one unit while benefiting from rental income from the others, with strong income growth projections.
Modern Updates & Desirable Amenities: Units feature modern updates, abundant natural light, in-unit laundry hookups for front units, and well-maintained front/rear yards with a sprinkler system.
Excellent Accessibility & Walkability: Within walking distance to shops and dining on Slauson/Overhill corridor, and minutes from parks, Culver City Stairs, Inglewood stadiums, LAX, and Marina Del Rey.

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: Built in 1925, the property's age may necessitate ongoing maintenance or future capital expenditures for older systems (e.g., plumbing, electrical, roof) not explicitly detailed as fully updated.
Significant Price Reductions: The property has undergone multiple price reductions from an original list price of $1.147M to $999K, which could indicate initial overpricing or challenges in attracting buyers at previous price points.
Inconsistent Neighborhood Information: The MLS area code (680 - Mount Washington) contradicts the description's stated location in 'Vermont Square' and 'Park Hills,' which are geographically distinct areas, potentially causing buyer confusion.

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