1548 West 59th Place

Off Market

1548 West 59th Place

Los Angeles CA 90047

4480 sq. ft.

Multi-Family

Last sold for $1,095,000

Aaron Jacobson, last sold this property on 12 December 2025 after 57 days on market.

Overview

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 unitsa spacious 3 bedroom, 1 bath unitis 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.

Features

8 bedrooms

3 bathrooms

4480 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in Los Angeles over the last 12 months.

Property history for 1548 West 59th Place

2025

Sold

$1,095,000

12 Dec 2025 by Aaron Jacobson, of Lyon Stahl Investment Real Estate, Inc.

Happy sellers in Los Angeles

100%

100% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for 8 bedroom multi families in Los Angeles

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Los Angeles for a market analysis.

Kris De Jesus

at Berkshire Hathaway HomeServices California Properties (Cerritos, 90703)

(3 reviews)

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Michael Berlin

at Redfin

(30 reviews)

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Kama Burton

at CMB Realty Services

(18 reviews)

Get a market analysis

Josephine San Lucas

at Keller Williams Larchmont

(72 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Los Angeles

Kris De Jesus

Kris De Jesus is a recommended agent for Los Angeles. They have 1 local sale and collected 2 local reviews across the last 12 months.

5 (3 reviews)
2 Reviews in Los Angeles
1 Sale in Los Angeles

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Michael Berlin

Sellers who recommend Michael Berlin have praised them for being local expert, detail-oriented, reliable, responsive, clear communication, great negotiation, and patient

5 (30 reviews)
1 Review in Los Angeles
1 Sale in Los Angeles

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Kama Burton

Sellers who recommend Kama Burton have praised them for being local expert, responsive, clear communication, and empathetic

5 (18 reviews)
1 Review in Los Angeles
1 Sale in Los Angeles

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Josephine San Lucas

Sellers who recommend Josephine San Lucas have praised them for being local expert, clear communication, supportive, responsive, dedicated, hard-working, and reliable