1452 W 53Rd St, Los Angeles, CA 90062
Image 2 for 1452 W 53Rd St, Los Angeles, CA 90062
Image 3 for 1452 W 53Rd St, Los Angeles, CA 90062
View Photos

1452 W 53Rd St Los Angeles, CA 90062

$799,000
  • 4 Beds
  • 2 Baths
  • 1,776 Sq.Ft.
For Sale
$799,000 Get Pre-Qualified

Map preview of 1452 W 53Rd St, Los Angeles, CA 90062

Property Overview: 1452 W 53Rd St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,776 living square feet and 5,700 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: FANTASTIC INVESTMENT OPPORTUNITY in a prime South LA Location! Assumable FHA Loan at 3.5% !! This Clean and Spacious Duplex promises amazing potential for investors (hold or fix and flip) or owner occupant with a possibility of adding a third ADU unit! Situated in close proximity to highly sought-after areas including USC, DTLA, Expo Park, Leimert Park, West Adams and Jefferson Park, and with easy access to the 110 FWY and Inglewood.The interior of both units has been thoughtfully upgraded to offer modern comforts and style. Both units have Washer/Dryer inside the house. 2 car garage detached, with alley access. Also, the front yard offers ample parking space. One unit can be delivered fully vacant (negotiable), making it an ideal opportunity for an owner-occupant looking to supplement their mortgage. The property has an expansive lot, proving ample space for future development. The seller can also include plans to build additional 2 bed / 1 bath unit (negotiable), opening up possibilities for even greater income potential! (The potential additional unit could have its own SEPARATE ENTRANCE through the back alley).(A similar renovated property with upgraded 3 units, right across the street, sold for $1.1m over a year ago!) Whether you are looking to expand your real estate portfolio or buy your first house with a huge upside potential, this property property offers a solid foundation for success! FHA, Conventional and VA Loans welcome!

Listed by Aleksandra Ola Daniel | BRE #02206261 | Real Broker
Last checked: 7 minutes ago | Last updated: April 23rd, 2024 | Source CRMLS | DOM: 18
Get a $2,397 Cash Reward New

Buy this home with Ardent Real Estate Group and get $2,397 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
5,700
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24379885
City
Los Angeles
County
Los Angeles
Time on Site
18 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,074
  • Total Rent: $1,074
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.5%
  • Gross Rent Multiplier: 12.3
  • Gross Scheduled Income: --
  • Net Operating Income: $63,000
  • Gross Operating Income: $64,800
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1452 W 53Rd St

No upcoming open houses

Schedule Tour
Loading...

Property Details for 1452 W 53Rd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door, Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5003016027
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Use Google
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 1452 W 53Rd St

Last sold for $480,000 on November 26th, 2018
  • April, 2024

  • Apr 14, 2024

    Date

    Active

    CRMLS: 24379885

    $799,000

    Price

  • November, 2018

  • Nov 27, 2018

    Date

    Sold

    CRMLS: 18380054

    $480,000

    Price

  • Oct 27, 2018

    Date

    Pending

    CRMLS: 18380054

    $495,000

    Price

  • Aug 30, 2018

    Date

    Active

    CRMLS: 18380054

    $495,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2018

  • Nov 26, 2018

    Date

    Sold (Public Records)

    Public Records

    $480,000

    Price

  • September, 2008

  • Sep 16, 2008

    Date

    Sold (Public Records)

    Public Records

    $300,000

    Price

Show More

Tax History for 1452 W 53Rd St

Assessed Value (2020): $489,600
Year Land Value Improved Value Assessed Value
2020 $311,100 $178,500 $489,600

Home Value Compared to the Market

This property vs the competition

1452 W 53Rd St is listed 34.78% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $449.89 per/sqft which puts the price per square foot 41.88% lower than the median price per square foot for the city of Los Angeles.

About 1452 W 53Rd St

Detailed summary of property

1452 W 53Rd St is a multi family located in Los Angeles, CA 90062 and is currently for sale. This multi family property offers 4 bedrooms, 2 bathrooms, roughly 1,776 living square feet, and sits on an approximately 5,700 square foot lot. 1452 W 53Rd St was first listed on ArdentRealEstateGroup.com on April 16, 2024. The homeowner is currently asking $799,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 34.78% lower than the median priced home. Local competing homes currently for sale include 4712 S Budlong Ave, 1496 W Vernon Ave and 1745 59th Pl. While the average home in Los Angeles, CA is selling in 96 days, 1452 W 53Rd St has a days on market of 18 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1452 W 53Rd St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1452 W 53Rd St

Public county record property details
Beds
4
Baths
2
Year built
1922
Sq. Ft.
1,776
Lot Size
5,699
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
41
APN
5003-016-027

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,999
Median List Price/Sq.Ft.
$576
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), Other (0%)

Tour This Home


Buy with Ardent Real Estate Group and save $2,397.

Image Description
Contact Jon
Los Angeles Agent

Call, Text or Message
Get a $2,397 Cash Reward New

Buy this home with Ardent Real Estate Group and get $2,397 back.

Call/Text (714) 706-1823

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.