860 W 54th, Los Angeles, California 90037, Los Angeles, 90037 - 4 bed, 3 bath
ACTIVE$649,500
860 W 54th, Los Angeles, California 90037
4Beds
3Baths
1,875Sqft
5,397Lot
Year Built
1907
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$346
HOA
-
Days on market
-
Sold On
-
MLS number
WS25266448
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $649.5K(13th), sqft - 1875(30th), beds - 4(70th), baths - 3(78th).
Great investment opportunity. 3 unit property located in the city of Los Angles. Live in one and rent out the others. Front unit is currently vacant and in need of some TLC. Property sold "AS IS", Back 2 units are rent control with long term tenants. Centrally located, close to everything you need.
Price History
Date
Event
Price
11/26/25
Listing
$649,500
Condition Rating
Poor
Built in 1907, this property is over a century old and shows significant signs of neglect and deferred maintenance. The description explicitly states the front unit is 'in need of some TLC' and the property is sold 'AS IS'. Images reveal extremely outdated kitchens with minimal appliances and no modern cabinetry, and bathrooms with very old fixtures and worn flooring. The overall condition suggests substantial repairs and rehabilitation are required, particularly for the vacant unit, which appears unlivable in its current state. The property's systems and finishes are well beyond their expected lifespan and do not meet current quality standards.
Pros & Cons
Pros
Income-Generating Triplex: This property is a 3-unit triplex, offering multiple streams of rental income, which is highly attractive for investors.
Strong Investment Opportunity: Explicitly marketed as a 'Great investment opportunity' with the flexibility to 'Live in one and rent out the others', appealing to owner-occupant investors.
Central Los Angeles Location: Centrally located in Los Angeles, close to essential amenities and transportation, enhancing its rental appeal and long-term value.
Value-Add Potential: The vacant front unit is in need of 'TLC', presenting a significant opportunity for a buyer to renovate, increase its value, and maximize rental income.
Existing Rental Income: Two of the units are currently occupied by long-term tenants, providing immediate and stable rental income for the new owner.
Cons
As-Is Condition & Renovation Needs: The property is sold 'AS IS' and the front unit requires 'TLC', indicating potential for substantial immediate repair and renovation costs for the buyer.
Rent Control Restrictions: Two of the units are subject to rent control with long-term tenants, which may limit future rent increases and owner flexibility in managing these units.
Property Age: Built in 1907, the property is over a century old, suggesting potential for outdated infrastructure, systems, and higher ongoing maintenance expenses.