1571 E 118th, Los Angeles, CA 90059
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1571 E 118th,Los Angeles, CA 90059
$915,000
- 6 Beds
- 3 Baths
- 1,954 sq. ft.
- Multi-family
- Pending
Listed by: kevin calderon
Office: roa california inc.
MLS#:IV25233881
Source:CRMLS
Price summary
- Price:$915,000
- Price per sq. ft.:$468.27
About this home
Welcome to 1571 E 118th St, Los Angeles, CA 90059 — a cash-flowing investment property located in the heart of South Los Angeles. This well-maintained multi-unit property generates an impressive $8,000/month in rental income, making it ideal for investors seeking strong returns from day one. The property features two spacious units, both occupied with long-term tenants, and a 3-car garage that has been converted into a 1 bed / 1 bath studio (un-permitted). The studio offers additional rental potential or the opportunity to explore ADU legalization for even greater upside. Set on a large 6,859 sq. ft. lot, this property offers ample parking and flexible use options. All units are separately metered, providing cost efficiency and control.
Located near major freeways, shopping, and public transportation, this property is perfectly positioned within a high-demand rental corridor of Los Angeles. Investors will appreciate the steady rental market, consistent appreciation, and future upside this property provides.
Don’t miss this opportunity to secure a high-yield, cash-flowing asset with built-in upside in one of L.A.’s most promising submarkets.
Contact an agent
Home facts
- Year built:1937
- Listing ID #:IV25233881
- Added:44 day(s) ago
- Updated:November 21, 2025 at 08:19 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,954 sq. ft.
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Year built:1937
- Building area:1,954 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Public
- Sewer:Sewer Not Available
Finances and disclosures
- Price:$915,000
- Price per sq. ft.:$468.27
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