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535 W 54th Street Los Angeles, CA 90037
$799,000 6 beds, 3 baths
2, 128 sqft
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Art Rivera REALTORĀ® - Broker Associate 949-230-8303 m
949-644-6200 o
Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com
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Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com
Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
Phone: 949-644-6200
Fax: 949-640-7429
Newport Beach 23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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Agent Remarks

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 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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26832565
List price is $799,000
Beds: 6
Baths: 3
Built in 1923
2,128 sqft
1 story
0.13 acres
Lot size: 0.1254
County: Los Angeles
Property style: Spanish
Zoning: LAR2
Parking description: Uncovered
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C42 - Downtown L.A.

Last Updated: 5/22/2026

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This listing belongs to the C42 - Downtown L.A. MLS area

The style of this listing is Spanish.
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Lat/Long: 33.993431, -118.284019.
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Listing Agent: Jerome McAlpin
Lic#: 00497094
Office Name: Newport Beach

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Art Rivera

Art Rivera REALTORĀ® - Broker Associate 949-230-8303 m
949-644-6200 o
Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com
Text Me
Call My Cell
Call My Office
Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com

Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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