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$799,000
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Property Description
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.
Full Property Details
Full Property Details for 535 W 54th St
General
- Price: $799,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26832565
- Updated: 5/14/2026
- Added to Site: 15 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: Other
Parking
- Garage Description: Uncovered
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: North of Slauson between Hoover and Figueroa
- Direction Faces: South
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Architectural Style: Spanish
- Stories/Levels: 0
- Square Feet: 2,128
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1923
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 3
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 2
- Bedrooms: 2
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.1254
- Lot Size: 5462
- Lot Size Source: Vendor Enhanced
- Zoning: LAR2
Financial Considerations
- Price Per Sq. Ft.: $375.47
- Assessment Year: 1923
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5001-025-013
Listed by McAlpin & Company, Jerome McAlpin
Get Pre-Approved Today
Schools
Schools serving 535 W 54th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Fifty-Second Street Elementary School 816 West 51st Street, Los Angeles, CA 90037 | K-5 | 0.3 mi |
John Muir Middle School, Los Angeles, CA 5929 South Vermont Avenue, Los Angeles, CA 90044 | 6-8 | 0.7 mi |
Augustus F. Hawkins High A Critical Design And Gaming 825 West 60th Street, Los Angeles, CA 90044 | 9-12 | 0.6 mi |
Augustus F. Hawkins High B Community Health Advocates 825 West 60th Street, Los Angeles, CA 90044 | 9-12 | 0.6 mi |
Augustus F. Hawkins High C Responsible Indigenous Social Entrepreneurship 825 West 60th Street, Los Angeles, CA 90044 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 535 W 54th St
Date
Details
Price
Change
Source
5/14/2026
Listed
$799,000
40.79%
MLS
11/25/2019
Sold
$567,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 535 W 54th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,929
4%
$628,842
4%
2023
$7,659
5%
$604,744
2%
2022
$7,314
1%
$592,894
2%
2021
$7,216
-8%
$581,276
1%
2020
$7,862
34%
$575,320
23%
2019
$5,884
2%
$468,180
2%
2018
$5,785
2%
$459,000
2%
2017
$5,664
37%
$450,000
39%
2016
$4,133
1%
$324,676
2%
2015
$4,076
-1%
$319,800
2%
2014
$4,110
—
$313,536
—
2013
$4,104
—
$312,120
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 535 W 54th St
535 W 54th St, Los Angeles, CA 90037 (MLS# 26832565) is a Multi-Family property with units containing 6 bedrooms and 0 full bathrooms. 535 W 54th St is currently listed for $799,000 and was received on May 14, 2026. Want to learn more about 535 W 54th St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

