1571 E 118th, Los Angeles, CA 90059
- 6 beds |
- 3 baths |
- 1,954 sqft
Town Home
Built in 1937
6,861sqft lot
—— car garage
$468/sqft
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
- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Carver Elementary School
1425 E 120th St, Los Angeles, CA, 90059
Grades PK-8
0.24 miles away
Carver Elementary School
1425 E 120th St, Los Angeles, CA, 90059
Grades PK-8
0.24 miles away
Compton Early College High School
2601 N Wilmington Ave, Compton, CA, 90222
Grades 9-12
0.85 miles away




