1506 W 54th Street
Los Angeles, CA, 90062
$950,000
MLS: 26660741
Beds
3
Baths
2
Sq Ft
1,682
Lot
0.12 ac
Year Built
1914
MLS #
26660741
Days on Market
47
Listed
Mar 4, 2026
Description
Rare Opportunity: Experience the perfect blend of modern luxury and income potential in this meticulously remodeled 3 bedroom, 2 bathroom gem. At the heart of the home is a stunning chef's kitchen that shines with custom soft-close cabinetry, sleek stone countertops, and high-end stainless-steel appliances. The main residence features and inviting living room anchored by a classic fireplace, a separate family room and recessed lighting throughout. The primary suite serves as a true retreat with its private en-suite bath and walk-in closet. Stylish doors provides easy access to the rear enclosed yard and deck. Situated above the garage converted storage rooms, is a fully independent 2 bedroom, 1 bathroom ADU - an incredible asset for rental income or multi-generational living. The storage rooms, offer an unmatched versatility for a home office or workshop. The contempory finishes, compliment this property, making this a turnkey masterpiece in a prime Los Angeles location.
Location
Los Angeles, Los Angeles County, CA 90062
Open on Google Maps ↗Listed by: Sherie Howard · Sherie Howard & Associates, Inc
Payment estimate
$6,899
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $95,000 · Loan: $855,000
- Principal & Interest
- $5,253
- Property tax (1.25%)
- $990
- Homeowners insurance
- $300
- Mortgage insurance
- $356
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $33,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90062 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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