$915,000

1571 E 118th, Los Angeles, CA 90059

  • 6 beds |
  • 3 baths |
  • 1,954 sqft
  • Property Icon Town Home
  • Property Year Built Icon Built in 1937
  • Property Lot Size Icon6,861sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $468/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Welcome to 1571 E 118th St, Los Angeles, CA 90059 - a cash-flowing investment property located in the heart of South Los Angeles. This well-maintained multi-unit property generates an impressive $8,000/month in rental income, making it ideal for investors seeking strong returns from day one. The property features two spacious units, both occupied with long-term tenants, and a 3-car garage that has been converted into a 1 bed / 1 bath studio (un-permitted). The studio offers additional rental potential or the opportunity to explore ADU legalization for even greater upside. Set on a large 6,859 sq. ft. lot, this property offers ample parking and flexible use options. All units are separately metered, providing cost efficiency and control. Located near major freeways, shopping, and public transportation, this property is perfectly positioned within a high-demand rental corridor of Los Angeles. Investors will appreciate the steady rental market, consistent appreciation, and future upside this property provides. Don't miss this opportunity to secure a high-yield, cash-flowing asset with built-in upside in one of L.A.'s most promising submarkets.

Listing Status:
Active
Date Added:
October 6, 2025 at 05:00AM
Listing Office:
ROA CALIFORNIA INC. : 619-549-6678
Listing Agent:
KEVIN CALDERON : 909-231-9750
MLS ID:
CRIV25233881
  • General: Family Room
  • Laundry: DryerGas Dryer HookupWasherOtherElectricSee Remarks
  • A/C: Central Air
  • Fireplace: None
  • Pool: None
  • General: 1
  • HOA Amenities: 0.0
  • School District: Los Angeles Unified
  • County: Los Angeles
  • Zoning: 6149010021
  • View: None

This listing courtesy of KEVIN CALDERON, ROA CALIFORNIA INC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Carver Elementary School

1425 E 120th St, Los Angeles, CA, 90059

Grades PK-8

0.24 miles away

C

Carver Elementary School

1425 E 120th St, Los Angeles, CA, 90059

Grades PK-8

0.24 miles away

C

Compton Early College High School

2601 N Wilmington Ave, Compton, CA, 90222

Grades 9-12

0.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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