2116 W 54th, Los Angeles, California 90062, Los Angeles, 90062 - bed, bath

2116 W 54th, Los Angeles, California 90062 home-pic-0

2116 W 54th

Los Angeles, California 90062

ACTIVE
CONDITION: GOOD
0Beds
0Baths
3,305Sq Ft
3,250Lot Size

Property Price

LIST PRICE$799,000

SUMMARY

Analysis of 2116 W 54th, Los Angeles, California 90062 is currently available with a list price of $799,000. 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.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Despite being built in 1925, the property benefits from recent renovations in two residential units and full remodeling of the two commercial units. The images show updated kitchens with modern dark cabinets and black appliances, and bathrooms with new vanities, toilets, and clean tile work. Residential areas feature new laminate flooring and fresh paint, making the renovated portions move-in ready. While the overall age of the building suggests potential for underlying issues in unrenovated sections, the visible and described updates bring the functional units to a 'good' standard.

PROSSTRENGTHS & OPPORTUNITIES

  • Mixed-Use Income Diversification

    The property's mixed-use nature, comprising two retail and three residential units, offers diversified income streams and broad appeal for owner-users, investors, or live/work setups.

  • Recent Renovations

    Significant updates have been completed, with both commercial units fully remodeled (including new windows) and two residential units renovated, reducing immediate capital expenditure for a new owner.

  • Strong Value-Add Potential

    Presents a clear opportunity for investors to increase income by leasing vacant or underperforming units and optimizing rental rates over time.

CONSRISKS & DEFICIENCIES

  • Age of Property

    Built in 1925, the property is nearly a century old, which may imply potential for unseen structural or systemic issues (e.g., plumbing, electrical) in unrenovated sections, requiring future maintenance or upgrades.

  • Extensive Buyer Due Diligence Required

    The listing explicitly places the burden on the buyer for comprehensive due diligence regarding use, zoning, permits, unit count, square footage, and condition, suggesting potential complexities or unverified aspects.

  • Limited Lot Space

    With a building size (3,305 sqft) slightly larger than the lot size (3,250 sqft), the property has minimal outdoor space, potentially limiting amenities, parking beyond the garage, or future expansion.

About 2116 W 54th

Mixed-Use 5 Unit Commercial Property | Retail + Residential | Owner-User or Investor Opportunity Well-located mixed-use retail and multifamily property offering excellent owner-user and value-add potential. The property consists of a 3,305 square foot building situated on a 3,250 square foot lot and includes two ground-floor retail spaces and three residential units. The residential unit mix includes one studio and two one-bedroom/one-bath units, with two of the residential units renovated. The two ground-floor commercial units have been fully remodeled, including new windows, and are ready for immediate use, providing flexibility for an owner-operator or future leasing. A two-car garage is included and may be used by an owner-user or leased separately for additional income. This property presents a strong opportunity for a buyer seeking a live/work configuration, as well as for an investor looking to lease vacant or underperforming units and increase income over time. Conveniently located in the Chesterfield Square area of Los Angeles, with close proximity to public transportation and easy access to the 110 Freeway, offering direct connectivity to Downtown Los Angeles and surrounding metropolitan areas. Buyer to conduct all due diligence regarding use, zoning, permits, unit count, square footage, and condition. Information deemed reliable but not guaranteed.

Property Details

Public Facts

Property Type
Mixed Use
Year Built
1925
Lot Size
3,250 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
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Built year1925-
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HOA$0$0
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Pricing History

Listed for Sale

Feb 1, 2026

$799,000

Initial Listing

Sold

Feb 21, 2020

$515,000

Public Record

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