1549 West 54th Street
$1,100,000
2
4
3,478
3,478
$316
Description
This property has multiple opportunities because the units are very large. They are one bedrooms with a separate dining room which can be kept as a dining room, used as a family room or made into a second bedroom. One of the units is currently vacant so any buyer could occupy the unit and collect income from the remaining three units or renovate the unit and bring it up to market income. The tenants are well under market rent so there is a huge upside potential. There is a communal yard area that...This property has multiple opportunities because the units are very large. They are one bedrooms with a separate dining room which can be kept as a dining room, used as a family room or made into a second bedroom. One of the units is currently vacant so any buyer could occupy the unit and collect income from the remaining three units or renovate the unit and bring it up to market income. The tenants are well under market rent so there is a huge upside potential. There is a communal yard area that could be used for the development or upgraded to create a beautiful shared space for the tenants to enjoy. Units also have a large balcony/yard area that adds to the value of the rentals. With the ADU ordinances, the property may be allowed to add up to two additional units but buyer to verify the possibility of adding any ADUs to the property.
- Listed by Tim Chen • DRE #01917982 • Brokerage DRE #01917982 • Tim Chen, Broker • 626-617-8096
Property Details for 1549 West 54th Street
Parking Spaces Total
7
Private PoolNo
Cooling TypeN/K
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area3478
Assessor Parcel Number5003-015-015
LISTING UPDATED: 12/09/2024 10:31 PM
Property Details for 1549 West 54th Street
Status | Active |
---|---|
MLS # | AR24246565 |
Days on Market | 12 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1923 |
Lot Size | 0.16 AC / 7,002 SF |
County | Los Angeles County |
Building Information for 1549 West 54th Street
Stories2Residences-Year Built1923Building Size-Lot Size0.16 AC / 7,002 SF
Property Information for 1549 West 54th Street
Property History for 1549 West 54th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1549 West 54th Street
Taxable ValueLand$33,623Additions$33,132Total$66,755
Tax Record2024$1,400 ($117 / month)
Home Facts
Total Finished SqFt3,478 SqFtAbove Grade Finished SqFt3,478 SqFtLot Size7,000 SqFtStyleQuadraplexYear Built1923ZoningLAC1CountyLOS ANGELESAPN5003-015-015
Schools near 1549 West 54th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 8 | |||
Public - | 6 to 11 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Budlong Avenue Elementary School PublicK to 5 | ||
Western Avenue Technology Magnet PublicK to 8 | ||
Barack Obama Global Preparation Academy Public6 to 11 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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