Fourplex with Rear
840 W 54th, Los Angeles, CA 90037
For Sale
New
$1,235,000
Four apartments include a mix of two- and three-bedroom layouts, with one unit featuring an updated kitchen and flooring.
Property Size4,110 SF
Days on Market7
Property Features for 840 W 54th
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
The Hooper Preserve
Listed By:
Delia Hooper · License CA #01180987
Source:
Jademillsestates
Added: Nov 8
Changed: Nov 13
Last Checked: Nov 12 at 2:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Hooper Preserve
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Investment Insights
Based on property information with market context.
This 1914-built fourplex contains four apartments: three with two bedrooms and one with three bedrooms. One apartment has updated flooring, a renovated kitchen, contemporary finishes, and a refreshed living area. Rear parking serves the property.
The building is at 840 W 54th in Los Angeles, with USC, Downtown Los Angeles, and the 110 Freeway within minutes.
The building is at 840 W 54th in Los Angeles, with USC, Downtown Los Angeles, and the 110 Freeway within minutes.
Key Highlights
- Four apartments: three 2‑bedroom, 1‑bath units and one 3‑bedroom unit
- Built in 1914
- One apartment features updated flooring, kitchen, finishes, and living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,668
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,373,360
$1.4M
Cap Rate 7%
$980,971
$981.0K
Cap Rate 9%
$762,978
$763.0K
Market Conditions
NOI Build-Up for 4,110 SF
Gross rent
$100.6K $24.48/SF
− Vacancy
−$2.5K −$0.61/SF
EGI
$98.1K $23.87/SF
− OpEx
−$29.4K −$7.16/SF
NOI
$68.7K $16.71/SF
Area
ZIP 90037
Vacancy
2.50%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,373,360
Cap Rate 7%
$980,971
Cap Rate 9%
$762,978
Alternative Uses
Best Use
Multifamily LT 5
$981.0K
$858.4K – $1.14M
NOI $68,668 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$871.9K
$762.9K – $1.02M
NOI $61,033 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,731 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,560
Businesses Nearby
Explore this area
Business Placement
Demographics for 90037, CA
63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four apartments include a mix of two- and three-bedroom layouts, with one unit featuring an updated kitchen and flooring.
Where is this quadplex located?
The property is located at 840 W 54th Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,235,000.
What are key features of this property?
This property features: Four apartments: three 2‑bedroom, 1‑bath units and one 3‑bedroom unit; Built in 1914; One apartment features updated flooring, kitchen, finishes, and living area
