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Off Market

1548 West 59th Place

Los Angeles CA 90047

8
3
4480 sq. ft.
Multi-Family
Last sold for $1,095,000
Aaron JacobsonAaron 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 5 reviews in Los Angeles over the last 12 months.

Local market activity for 8 bedroom multi families in Los Angeles

In the last 12 months, 1 eight-bedroom multi family similar to 1548 West 59th Place, have been sold.

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