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1548 W 59th Place, Los Angeles, CA 90047

Local realty services provided by:CENTURY 21 Affiliated
1548 W 59th Place,Los Angeles, CA 90047
$1,095,000
  • 8 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: aaron jacobson
Office: lyon stahl investment real estate, inc.
MLS#:SB25238468
Source:San Diego MLS via CRMLS

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Price summary

  • Price:$1,095,000

About this home

IDEAL OWNER USER OPPORTUNITY!! 1548 W 59th Place presents an excellent investment opportunity in the heart of Los Angeles generating over $9,000/month in rental income. This triplex offers a balanced mix of immediate rental income and value-add potential, appealing to both investors and owner-users. The property consists of three units totaling approximately 2,060 square feet, situated on a 4,480 square foot lot. One of the unitsa spacious 3 bedroom, 1 bath unitis tenant ready, providing the opportunity for an owner-user to occupy or for an investor to capture additional rental income at market rates. The remaining two units are leased to HACLA (Section 8) tenants, ensuring guaranteed government backed income and long-term stability. With a 9.83 GRM and a 7.71% cap rate, 1548 W 59th Place offers strong in-place returns with further upside through strategic management or renovation. Located in a growing South Los Angeles neighborhood with easy access to major employment centers,

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Home facts

  • Listing ID #:SB25238468
  • Added:62 day(s) ago
  • Updated:December 17, 2025 at 08:57 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:3

Finances and disclosures

  • Price:$1,095,000
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