Triplex
Listing Agent: DJ Bonner (DRE #01868983) · Listing Office: Redfin Corporation · Contact: 562-572-4203 · Bought with: Ivan Leon · Real Brokerage Technologies · MLS #PW26069475 · Source: CRMLS
1159 W 54th Street sold for $670,000 in June 2026, 3.6% under its $695,000 list price, after 36 days on the market. Across 88 closed sales in 90037 over the last 12 months, the median sold price is $710,000 and the median is $444 per square foot.
| Quarter | Closed sales in 90037 | Median sold price |
|---|---|---|
| Q1 2026 | 7 | $645,000 |
| Q2 2026 | 43 | $720,000 |
| Q3 2026 | 29 | $720,000 |
| Q4 2026 | 9 | $689,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90037
Priced under value with strong cash-flow potential, this corner-lot triplex is a compelling opportunity for investors or owner-occupants seeking a value-add property. The front structure is a duplex with two 1 bed / 1 bath units (approximately 700 sq ft each), along with a separate rear remodeled 2 bed / 2 bath home of approximately 700 sq ft. The property sits on an approximately 5,200 sq ft lot and includes a 2-car garage. The property is to be purchased with tenants in place, with only one unit vacant at close of escrow, providing immediate income while allowing flexibility for an owner-occupant or rental repositioning. The vacant unit has been remodeled with new paint, new flooring, and an updated bathroom, making it move-in ready and positioned for strong market rent. The garage offers additional rental or future income potential, further enhancing returns in a high-demand rental area. A broker price opinion completed in May 2025 valued the property at $810,000 (before remodel). Convenient access to major, freeways, transit, and local amenities support long-term demand. Whether expanding a portfolio or living in one unit while collecting rent from the others, this property offers solid income today with long-term upside. New photos will be uploaded soon.
Listing description from the June 2026 sale, as reported to CRMLS.
Closed sales reported in 90037, nearest first, last 12 months. All recent sales in Los Angeles →