---
listing_id: CRRS26146061
status: ActiveUnderContract
price: 949000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 4997
lot_acres: 
year_built: 1965
property_type: Residential Income
property_subtype: 
address: "721 W 54th St"
city: Los Angeles
state: CA
zip: 90037
county: "Los Angeles County"
lat: 33.9934857
lng: -118.2862828
days_on_market: 12
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Denise Waters"
list_office: "Realty Executives All Cities"
list_agent_phone: "(310) 614-7669"
list_agent_license: 01027990
mls_source: CRMLS
modified: 2026-08-04
transaction_type: buy
---

Home | Los Angeles County | Los Angeles | 90037 | 721 W 54th St

721 W 54th St, Los Angeles, CA 90037

MLS: CRRS26146061 | Status: Contingent | Price: $949,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
4,997 1965

Remarks

Exceptional owner-user and investment opportunity! This well-maintained four-unit property offers immediate flexibility with three units ready for occupancy or lease-up. The unit mix consists of three 2-bedroom, 1-bath units and one spacious 2-bedroom, 2-bath unit with private en-suite bath. Each unit includes a range, select units include refrigerators, and the property provides four on-site parking spaces. Two upstairs units feature private balconies, adding desirable outdoor living space. Estimated market rents are approximately $2,200 per month per unit (buyer to verify), offering strong income potential. Ideal for an owner-occupant seeking rental income, multigenerational living, or an investor looking to maximize cash flow through immediate lease-up. One occupied unit (Unit 1) offers additional long-term value-add potential. Conveniently located near schools, shopping, transportation, and major freeways.

MLS Listing Information

Field Value
MLS # CRRS26146061
MLS Source California Regional MLS

Features

Interior Features

Feature Details
Appliances Other, Oven Range - Gas, Refrigerator
Flooring Laminate
Cooling None
Heating Wall Furnace

Exterior Features

Feature Details
Roof Flat
Pool None

Parking, School, and Other Information

Feature Details
Garage/Parking Common Parking Area, Gate/Door Opener, Other, Parking Area, Garage: 0 Car(s)
HOA Fee $0

Contact Information

Denise Waters
Realty Executives All Cities
License #: 01027990
Phone: (310) 614-7669

Property Units

# Buildings # Leased Units # Total Units
1 1 4

Unit Details

Unit # Sq Ft Beds Baths Rent
1 900 0/0

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Fifty-Second Street Elementary School public K-5 0.21 mi 2
Augustus F. Hawkins High A Critical Design And Gaming public 9-12 0.55 mi 4
Augustus F. Hawkins High B Community Health Advocates public 9-12 0.55 mi 1
Augustus F. Hawkins High C Responsible Indigenous Social Entrepreneurship public 9-12 0.55 mi 2
John Muir Middle School public 6-8 0.61 mi 5
Dr. James Edward Jones Primary Center public KG,1,2 0.62 mi N/A
Sixty-First Street Elementary School public K-6 0.68 mi 8
Marguerite Poindexter Lamotte Elementary public K-5 0.69 mi 6
Budlong Avenue Elementary School public K-5 0.69 mi 4
Estrella Elementary School public K-5 0.77 mi 2
Main Street Elementary School public K-5 0.79 mi 3
West Vernon Avenue Elementary School public K-5 0.86 mi 8
Normandie Avenue Elementary School public K-5 1.00 mi 3
Menlo Avenue Elementary School public K-8 1.01 mi 7
Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High public 9-12 1.05 mi 3
Manual Arts Senior High School public 9-12 1.12 mi 3
Gerald A. Lawson Academy Of The Arts, Mathematics And Science public K-6 1.13 mi 3
Gil Garcetti Learning Academy public K-6 1.13 mi 6
Western Avenue Technology Magnet public K-8 1.15 mi 6
Mary Mcleod Bethune Middle School public 6-8 1.20 mi 3

Nearby Homes

Address Price Beds Baths Sq Ft Status
3968 Arlington Ave $1,100,000 Active
2820 W Slauson Ave $799,998 Active
3914 S Normandie Ave $1,100,000 Active
3933 Denker Ave $899,000 Active

Disclosures

©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of August 04, 2026. For the most current information, please contact Denise Waters, (310) 614-7669.