537 West 54th Street is a 3-unit apartment complex located just west of Figueroa and north of Slauson Avenue. It consists of 2 buildings totaling 2,128 square feet. The duplex in front has (2) 2 bedroom-2-bathroom apartments and the rear house is a 2-bedroom 1 bath. The… Read More current income is $1,274 for one of the front 2-bedroom units and the other is rented at $2,100. The house is currently leased at $1,352 per month. The annual projected income is $56,712; however, one of the front 2-bedrooms may become available soon, which would help to increase the annual income substantially. No guarantee on that. Another huge benefit is that this property is separately metered for ALL utilities. Yes, no water, gas or electric bills. The structures were built in 1923 of wood-frame stucco construction, and they are situated on a 5,462 square foot lot, which is zoned LAR2. Great opportunity for a first-time investor or owner occupant. Call or email for more details. Read Less
Courtesy of McAlpin & Company 310-437-4172
Listing Snapshot
Days Online
28
Last Updated
Property Type
Other
Beds
6
Square Ft.
2,128
Lot Size
0.13 Acres
Year Built
1923
MLS Number
26832565
30 Days Snapshot Of 90037
$635k
0%
(avg) sold price
162
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Other"
Building
2,128 sq ft, Built in 1923, Levels: "One Level", "Spanish"
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