Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSB25238468
MLS Source
California Regional MLS
Days on Site
20
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Contact Information
Listing Agent
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
License #: 02100737
Phone: –
Co-Listing Agent
Brandon Maghen
Lyon Stahl Investment Real Estate, Inc.
License #: 02250000
Phone: (310) 409-3908
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1548 W 59th Pl is a Triplex in Los Angeles, CA 90047. This – square foot property sits on a 4,480 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,095,000 and was built in 1923. This address can also be written as 1548 W 59th Pl, Los Angeles, CA 90047.
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This listing information is up-to-date as of October 21, 2025. For the most current information, please contact Aaron Jacobson
