Incredible Owner-User or Investment opportunity to acquire a beautifully remodeled 4-plex in highly desirable Highland Park. A lot of money invested in this meticulous renovation project. The property consists of one 2 bedroom 1 bath (occupied), one 1 bedroom 1 bath (open), one 1 bedroom 1 bath (occupied), and one studio (occupied). All four apartments have been extensively remodeled. The occupied studio, 2 bedroom, and 1 bedroom units have tenants who have been there for less than one year. One of the four units will be open at the close of escrow. Additionally, the three occupied units are open to remaining for a year post COE and are on a year contract. The property is conveniently located on a quiet street just a walk away from red-hot Figueroa Boulevard where you'll find local favorites like Hippo, Kitchen Mouse, Cookbook, HomeState, Civil Coffee, Cafe Birdie, ETA, Otoño, Rosty, and so many more. You also have easy access to freeways and proximity to DTLA, Pasadena, the Metro Gold Line, all the restaurants, bars, coffee shops, nightlife, and the vibrant urban lifestyle that Highland Park offers.
Sold for $1,550,000 on 09/26/23
Listing Provided by:
Andrew Izquierdo DRE #02036289 323-254-2206,
Las Casas Realty, Inc.,
Blake Avila DRE #02136253 626-825-4847,
Las Casas Realty, Inc.
$1,550,000
154 S Avenue 54, Los Angeles, CA 90042
--beds
--baths
2,290sqft
Multi Family
Built in 1940
-- sqft lot
$1,500,400 Zestimate®
$677/sqft
$3,927 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 26, 2023 at 12:37pm
Listing Provided by:
Andrew Izquierdo DRE #02036289 323-254-2206,
Las Casas Realty, Inc.,
Blake Avila DRE #02136253 626-825-4847,
Las Casas Realty, Inc.
Bought with:
Kyu Hyung Lee, DRE #02088568
Won Suk Kim Real Estate, Inc.
Source: CRMLS,MLS#: GD23085104
Originating MLS: California Regional MLS

Facts & features
Interior
Cooling
- Wall/Window Unit(s)
Appliances
- Included: 6 Burner Stove, Built-In Range, Dishwasher, Electric Cooktop, Electric Oven, Freezer, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
- Laundry: Common Area, Outside
Features
- Flooring: Tile, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,290
- Total interior livable area: 2,290 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: East
- Pool features: None
- Fencing: Wood
Lot
- Size: 5,619 sqft
- Features: Front Yard, Yard
Details
- Parcel number: 5468015029
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Concrete
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 7200
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,FHA,Fannie Mae,Freddie Mac,Government Loan,Submit,VA Loan
Services availability
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Estimated market value
$1,500,400