1919 W 54th, Los Angeles, CA 90062

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Sold Price
$920,000
List Price
$999,000
Closing Date
Jun 02, 2026
Status
CLOSED
MLS#
SR26098057
Year Built
1947
Lot Size
6,242
Acres
0.14
Lot Location
2-5 Units/Acre, Back Yard, Sprinklers In Front, Lawn, Near Park, Yard
Days on Market
7
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level

Property Description

Exceptional investment opportunity in a high demand rental pocket of South Los Angeles! This very well-maintained 4-unit property offers strong income potential with three units delivered vacant, making it ideal for investors looking to set market rents or owner-occupy while generating cash flow. Each spacious unit just under 1,000 sq ft of living space (buyer to verify), with 2 bedrooms and 1 bathroom, providing highly desirable layouts for tenants. The property has been well cared for, including newer windows, enhancing both efficiency and overall appeal. One unit is currently in mid-renovation, presenting a prime value-add opportunity for the next owner to complete improvements and potentially achieve premium market rents upon completion. The property sits on a secured gated lot and includes a 4-car garage, offering additional upside potential (ADU, storage, or parking income—buyer to verify). Conveniently located near Van Ness Recreation Center, tenants benefit from nearby green space, recreation, and accessibility to major streets, transit, and local amenities. Market rents for comparable 2-bedroom units in the area are trending approximately $2,400–$2,800+, with upside potential as units are updated and stabilized. Opportunities like this—with multiple vacant units and value-add potential—are becoming increasingly rare in this market. Priced to attract strong investor interest. All information deemed reliable but not guaranteed.

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$134,400
Operating Expense
47040
Garage Spaces
4
Levels
One
Parking Spaces
4

Listing courtesy of Listing Agent: Jenarda Makupson (jenarda@kingdomkeysrealty.net) from Listing Office: Kingdom Keys Realty.

Listing sold by Olufunke Ola from Century 21 Coastal Properties

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.