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  • 535 W 54Th Street

535 W 54th Street, Los Angeles, CA 90037

$799,000 Approx. USD 6 beds, 3 baths
2,128 sqft
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Photo of Art Rivera

Art Rivera REALTOR® - Broker Associate 949-230-8303 m
949-644-6200 o
Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com Text Me
Call My Cell
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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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Fax: 949-640-7429
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Listing Agent


Jerome McAlpin | jerome@mcalpinco.com
Lic#: 00939725
Broker: Courtesy of McAlpin & Company
Phone: 310-437-4172

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
Price: $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

 Days On Market (DOM): 63

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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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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Art Rivera

Art Rivera REALTOR® - 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
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23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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