1548 W 59th Place, Los Angeles, CA 90047
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1548 W 59th Place,Los Angeles, CA 90047
$1,095,000
- 8 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:aaron jacobson
Office:lyon stahl investment real estate, inc.
MLS#:SB25238468
Source:San Diego MLS via CRMLS
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, transportation, and new development, this property stands out as a secure and income-producing asset in one of L.A.s most dynamic rental markets.
Contact an agent
Home facts
- Listing ID #:SB25238468
- Added:1 day(s) ago
- Updated:October 16, 2025 at 04:29 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
Finances and disclosures
- Price:$1,095,000
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.New listings near 1548 W 59th Place
- New
$579,000Active2 beds 2 baths1,042 sq. ft.4589 Via Marisol #257, Los Angeles, CA 90042
MLS# 25575323Listed by: COMPASS - New
$638,000Active1 beds 2 baths840 sq. ft.889 Francisco Street #1801, Los Angeles, CA 90017
MLS# 25606289Listed by: THE AGENCY - New
$1,059,900Active1 beds 2 baths1,745 sq. ft.11500 103 Tennessee, Los Angeles, CA 90064
MLS# PW25240732Listed by: CIRCA PROPERTIES, INC. - New
$1,499,000Active4 beds 3 baths2,584 sq. ft.17813 Lemarsh Street, Northridge, CA 91325
MLS# SR25238585Listed by: ROA CALIFORNIA INC. - New
$1,650,000Active-- beds -- baths3,848 sq. ft.2622 S Cochran, Los Angeles, CA 90016
MLS# SR25239039Listed by: DYNAMIC REALTY& INVESTMENTS - Open Sun, 12 to 2pmNew
$279,000Active1 beds 1 baths460 sq. ft.2121 James M Wood Boulevard #121, Los Angeles, CA 90006
MLS# GD25240700Listed by: DISCOVERY REALTY AND FINANCE - Open Sun, 12 to 2pmNew
$279,000Active1 beds 1 baths460 sq. ft.2121 James M Wood Boulevard #121, Los Angeles, CA 90006
MLS# GD25240700Listed by: DISCOVERY REALTY AND FINANCE - New
$1,099,000Active3 beds 2 baths1,364 sq. ft.5938 Aldea, Encino, CA 91316
MLS# SR25240687Listed by: PINNACLE ESTATE PROPERTIES, INC. - Open Sat, 1 to 4pmNew
$2,199,999Active3 beds 3 baths2,694 sq. ft.3661 Sunswept Drive, Studio City, CA 91604
MLS# 25605083Listed by: EQUITY UNION - Open Thu, 1 to 5pmNew
$569,000Active3 beds 2 baths1,114 sq. ft.1555 W 59th, Los Angeles, CA 90047
MLS# CV25238324Listed by: QUALITY HOMES & LOANS, INC.
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.