1548 E 54th Street, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$579,000
1548 E 54th Street, Los Angeles, California 90011
2Beds
1Bath
700Sqft
5,200Lot
Year Built
1921
Close
-
List price
$579K
Original List price
$579K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
DW25228222
Home ConditionGood
Features
ViewNeighborhood
About this home
This charming 2-bedroom, 1.5-bath home is situated on a spacious 5,200 sq ft lot. This property offers ample outdoor space with potential for future expansion, gardening, or creating an outdoor entertaining area. The lot size also provides an excellent opportunity for the addition of an ADU (Accessory Dwelling Unit) or extra parking, making it a versatile investment. Conveniently located near a recreation center, soccer field, and neighborhood convenience stores. This beautiful home combines comfort with a great location! Don’t miss the opportunity to make this property yours and schedule a showing today!
Price History
Date
Event
Price
10/01/25
Listing
$579,000
10/19/22
Sold
$500,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (31 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 38% |
| Baths | 1 | 2 | 47% |
| Square foot | 700 | 1,196 | 13% |
| Lot Size | 5,200 | 5,178 | 50% |
| Price | $579K | $550K | 63% |
| Price per square foot | $827 | $530 | 94% |
| Built year | 1921 | 9555956 | 78% |
| HOA | |||
| Days on market | 34 | 193 | 3% |
Condition Rating
Good
This property, built in 1921, has undergone significant and recent updates to its most critical areas: the kitchen and bathroom. The kitchen features modern white shaker cabinets, stone-look countertops, a contemporary black faucet, and newer black appliances (range and microwave), complemented by a stainless steel refrigerator. The bathroom boasts a modern vanity, sink, and faucet, along with clean subway tile in the shower/tub combo. The main living areas have updated laminate wood-look flooring. While the bedrooms show worn carpets and the property lacks central air conditioning (indicated by a window unit), these are less extensive renovations compared to the high-quality updates in the kitchen and bathroom. The property is move-in ready, with the primary areas of concern being the bedroom carpets and the potential desire for central AC, which are not immediate necessities for habitability but would enhance comfort and value.
Pros & Cons
Pros
Generous Lot Size: The property boasts a spacious 5,200 sq ft lot, providing ample outdoor space for gardening, entertaining, or future expansion.
ADU Potential: The large lot offers an excellent opportunity for the addition of an Accessory Dwelling Unit (ADU), enhancing investment versatility and potential rental income.
Convenient Local Amenities: Strategically located near a recreation center, soccer field, and neighborhood convenience stores, offering ease of access to daily necessities and leisure activities.
Investment Versatility: The combination of a sizable lot and ADU potential makes this property a versatile investment, appealing to various buyer profiles including those seeking income generation or multi-generational living.
Access to Highly-Rated Elementary Schools: The property is situated near several elementary schools with strong ratings (e.g., Ascot Avenue Elementary, Twentieth Street Elementary, Estrella Elementary), a significant draw for families.
Cons
Many Open Houses Held: The property is on market for 0 days and has already held 8 open houses.
Compact Interior Living Space: With only 700 sq ft of living area for a 2-bedroom home, the interior space is relatively small, which may limit appeal for buyers desiring more expansive living quarters.
Age of Property: Built in 1921, the home is over a century old, potentially indicating a need for significant updates to systems, infrastructure, or aesthetics to meet modern standards and preferences.
Potential Overpricing Relative to Market: The current list price of $579,000 is slightly above the estimated property value and represents a substantial increase from its last sale in October 2022 ($500,000), which could affect market competitiveness or buyer perception.