721 W 54th Street
Property Overview
Exceptional owner-user and investment opportunity! This well-maintained four-unit property offers immediate flexibility with three vacant 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.
Home Details
- Property type
- Residential Income - Quadruplex
- Year built
- 1965
- Lot size
- 4,997 sq ft
- Parking
- 4 spaces
- Stories
- 2
- Days on market
- 1
- MLS status
- Active
Features & Amenities
Interior
- Balcony
- Granite Counters
- Quartz Counters
- Tile Counters
Appliances
- Gas Range
- Gas Water Heater
- Refrigerator
Parking
- Controlled Entrance
- Concrete
- Driveway
- On Site
- One Space
Pool
- None
Lot
- Front Yard
- Rectangular Lot
- Street Level
Security
- Carbon Monoxide Detectors
- Smoke Detectors
- Window Bars
Community, Schools & Utilities
Community
- View
- None
- Property tax (2025)
- $2,038.36
Utilities
- Heating
- WallFurnace
- Cooling
- None
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 721 W 54th Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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