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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 units"”a spacious 3 bedroom, 1 bath unit"”is 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.
Property Type(s):
Residential Income
| Last Updated | 10/15/2025 | Year Built | 1923 |
|---|---|---|---|
| Community | C34 - Los Angeles Southwest | County | Los Angeles |
Additional Details
| AREA | C34 - Los Angeles Southwest |
|---|---|
| LOT | 4478 sq ft |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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