About 721 W 54th Street
Exceptional owner-user and investment opportunity! This well-maintained four-unit property offers immediate flexibility with three units ready for occupancy or lease-up. The unit mix consists of three 2-bedroom, 1-bath units and one spacious 2-bedroom, 2-bath unit with private en-suite bath. Each unit includes a range, select units include refrigerators, and the property provides four on-site parking spaces. Two upstairs units feature private balconies, adding desirable outdoor living space. Estimated market rents are approximately $2,200 per month per unit (buyer to verify), offering strong income potential. Ideal for an owner-occupant seeking rental income, multigenerational living, or an investor looking to maximize cash flow through immediate lease-up. One occupied unit (Unit 1) offers additional long-term value-add potential. Conveniently located near schools, shopping, transportation, and major freeways.
Features of 721 W 54th Street
| MLS® # | RS26146061 |
|---|---|
| Price | $949,000 |
| Bedrooms | 8 |
| Bathrooms | 5.00 |
| Lot Size | 4,997 |
| Year Built | 1965 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
| # Of Units | 4 |
Community Information
| Address | 721 W 54th Street |
|---|---|
| Area | C42 - Downtown L.A. |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90037 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 4 |
| Parking | Controlled Entrance, Concrete, Driveway, On Site, One Space |
| Garages | Controlled Entrance, Concrete, Driveway, On Site, One Space |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Carpet, Laminate, Tile |
|---|---|
| Interior Features | Balcony, Granite Counters, Quartz Counters, Tile Counters |
| Appliances | Gas Range, Gas Water Heater, Refrigerator |
| Heating | Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | One |
Exterior
| Exterior | Stucco |
|---|---|
| Lot Description | Front Yard, Rectangular Lot, Street Level |
| Windows | Screens |
| Roof | Flat |
| Construction | Stucco |
Additional Information
| Date Listed | July 23rd, 2026 |
|---|---|
| Days on Market | 47 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Denise Waters |
|---|---|
| Office | Realty Executives All Cities |