1414 W 54th Street, Los Angeles, CA 90062

$700,000 Asking Price

3 beds
3 baths
1,300  sqft
Built in 1941

Perfect starter property with permitted ADU for great cash flow. 1414 W. 54th Street is an amazing investment opportunity just south of USC and DTLA, with easy access to the 110 freeway. The fully gated property is comprised of 2 buildings, the main house is a 2 Bed/2Bath (owner occupied) with beautiful wood floors, granite countertops and refreshed bathrooms. Detached is a permitted ADU studio (currently bringing in $3,000-$3,500 per month) featuring a beautiful subway tile kitchen with butcher block countertops, subway tile bathroom with a clawfoot tub & shower combo, and a front grass area ideal for lounging. There is also a detached garage (3rd structure) with laundry room that can be turned into a Jr. ADU, if new owner wishes to add to the property.

Features & Amenities

Interior

Appliances:
Microwave, Refrigerator
Laundry:
Dryer, Laundry Room, Washer
Flooring:
Tile, Wood
A/C:
false, None
Heating:
false, None
Fireplace:
None

Exterior

General:
Other, Guest House
Style:
Traditional
Pool:
None
Parking:
None

Construction

General:
Stucco, 1

Location

County:
Los Angeles

Lot

Zoning:
LAR2, 5003017003
View:
Other

This listing courtesy of:
SaraVita Properties Inc, Steven Ghafouri

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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