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1132 E 53rd Street, Los Angeles, California 90011, Los Angeles, - bed, bath

home-pic
ACTIVE$699,000
1132 E 53rd Street, Los Angeles, California 90011
0Bed
0Bath
1,520Sqft
5,118Lot
Year Built
1907
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25115182
Home ConditionPoor
Features
View-

About this home

Prime Investment Opportunity in the Heart of Los Angeles! This charming duplex offering two separate units, each featuring 2 spacious bedrooms and 1 full bathroom. Nestled in a growing and centrally located neighborhood of Los Angeles (90011), this property is ideal for investors looking for income potential or homeowners seeking to live in one unit and rent the other. Each unit boasts a functional floor plan, and classic LA character throughout. The lot offers ample parking, a private gated yard and potential for future upgrades or expansion (buyer to verify).Conveniently located near schools, shops, and major freeways, this property provides quick access to Downtown LA, USC, and Exposition Park. Whether you’re looking to start or grow your investment portfolio, this duplex offers endless potential and steady rental demand. Don’t miss out on this versatile opportunity schedule your private showing today!

Nearby schools

2/10
Aurora Elementary School
Public,•K-5•0.1mi
2/10
Hooper Avenue Elementary School
Public,•1-5•0.1mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.5mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.5mi
4/10
Ascot Avenue Elementary School
Public,•K-5•0.7mi
2/10
Holmes Avenue Elementary School
Public,•K-6•0.8mi
2/10
Harmony Elementary School
Public,•K-5•0.9mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•1.0mi
5/10
Estrella Elementary School
Public,•K-5•1.0mi
5/10
Lillian Street Elementary School
Public,•K-6•1.0mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.3mi
4/10
Quincy Jones Elementary School
Public,•K-5•1.4mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.7mi
5/10
Pacific Boulevard School
Public,•K-5•1.9mi
5/10
Twentieth Street Elementary School
Public,•K-5•2.0mi
3/10
Los Angeles Academy Middle
Public,•6-8•0.5mi
3/10
George Washington Carver Middle School
Public,•6-8•0.7mi
3/10
Thomas A. Edison Middle School
Public,•6-8•0.9mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.5mi
6/10
Vernon City Elementary School
Public,•K-7•1.6mi
3/10
Henry T. Gage Middle School
Public,•6-8•2.4mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.0mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.1mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.9mi
4/10
Huntington Park Senior High School
Public,•9-12•2.2mi
5/10
Santee Education Complex
Public,•9-12•2.4mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•3.9mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•4.1mi

Price History

Date
Event
Price
02/18/22
Sold
$500,000
04/26/99
Sold
$195,000
07/30/98
Sold
$85,000
02/28/97
Sold
$120,000
08/19/96
Sold
$34,500
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (24 Listings)
Beds00
Baths00
Square foot1,5201,988
20%
Lot Size5,1185,363
36%
Price$699K$710K
48%
Price per square foot$460$349
80%
Built year19071922
28%
HOA
Days on market167168
48%
Condition Rating
Poor
The property was built in 1907. The kitchens and bathrooms appear outdated and in need of significant repairs and updates. The overall condition suggests substantial rehabilitation is required.
Pros & Cons

Pros

Investment Opportunity: Duplex property offers excellent income potential in a growing Los Angeles neighborhood.
Dual Income Streams: Two separate units, each with 2 bedrooms and 1 bathroom, provide immediate rental income.
Prime Location: Centrally located in Los Angeles (90011) with convenient access to Downtown LA, USC, and Exposition Park.
Development Potential: The lot offers ample parking, a private gated yard, and potential for future upgrades or expansion (buyer to verify).
Convenient Access: Located near schools, shops, and major freeways, providing easy access to amenities and transportation.

Cons

Age of Property: Built in 1907, the property may require updates and maintenance due to its age.
Potential Upgrades Needed: While offering classic LA character, the units may require modernization to maximize rental potential or appeal to certain buyers.
Unknown Condition: The description does not explicitly state the condition of the property, requiring thorough inspection.

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