1147 W 53rd Street, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
ACTIVE$1,199,999
1147 W 53rd Street, Los Angeles, California 90037
0Bed
0Bath
2,116Sqft
5,362Lot
Year Built
1923
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$567
HOA
-
Days on market
-
Sold On
-
MLS number
OC25054163
Home ConditionGood
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.20M(83th), sqft - 2116(43th), beds - undefined(50th), baths - undefined(50th).
Recently Renovated Duplex Near USC. This Duplex will be sold completely Vacant. Remoldeled and renovated with modern aesthetic but still maintained its 1920s charm. With two gated entrances and parking in front and alley access with iron security gate and parking for back unit. Security system to be included, this property is all set for Student housing, long term tenants, a big family to live in both units, assisted living you make the call. This property has been well maintained by current owner. Front unit includes is 3-bedroom 1 bath unit with Laundry, laminate wood flooring throughout, recently painted. Back unit includes 2 bedrooms 1 bath with laminate flooring and recently painted. Don't miss this opportunity to own a versatile investment opportunity/ vacant duplex to make home for your family. See you soon
Nearby schools
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.5mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.5mi
3/10
Normandie Avenue Elementary School
Public,•K-5•0.6mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.7mi
2/10
Western Avenue Elementary School
Public,•K-5•0.7mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.0mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.1mi
2/10
Main Street Elementary School
Public,•K-5•1.3mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•1.4mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.5mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.7mi
3/10
Trinity Street Elementary School
Public,•K-5•1.9mi
/10
Maple Primary Center
Public,•K-1•2.0mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•2.1mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.7mi
2/10
John Muir Middle School
Public,•6-8•0.6mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.0mi
1/10
Horace Mann Junior High School
Public,•6-8•1.6mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.8mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•2.0mi
2/10
Audubon Middle School
Public,•6-8•2.2mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•0.7mi
3/10
Manual Arts Senior High School
Public,•9-12•1.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.0mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.7mi
5/10
Santee Education Complex
Public,•9-12•3.0mi
Price History
Date
Event
Price
12/23/14
Sold
$425,000
06/24/14
Sold
$227,002
11/19/09
Sold
$16,500
Condition Rating
Good
This duplex, built in 1923, has undergone recent renovations, giving it a modern aesthetic while retaining some original charm. The kitchens feature updated white shaker-style cabinets, granite-look laminate countertops, and newer black/stainless steel ranges. Bathrooms are also updated with white vanities, simple countertops, and subway tile shower surrounds, all appearing clean and functional. Laminate wood flooring is present throughout both units, and the property has been recently painted. While the core structure is old and the listing notes an 'unspecified HVAC system' (suggesting no central AC), the cosmetic and functional updates make the property move-in ready with no immediate renovations required, aligning with a 'Good' condition score. The updates are significant enough to move it beyond 'Fair' but not extensive enough to be considered 'Excellent' given the age of the building and basic finishes.
Pros & Cons
Pros
Strong Income Potential & Versatility: The property is a recently renovated, vacant duplex near USC, making it highly attractive for student housing, long-term tenants, or multi-generational living, offering diverse investment strategies.
Recent Renovations & Aesthetic Appeal: The property has been remodeled and renovated with a modern aesthetic while retaining its 1920s charm, featuring laminate wood flooring and fresh paint, suggesting move-in readiness and reduced immediate capital expenditure.
Enhanced Security Features: Equipped with two gated entrances, an iron security gate for alley access, and an included security system, providing a high level of security for residents and vehicles.
Ample & Secure Parking: The property offers parking in the front and secure parking via alley access with an iron gate for the back unit, a significant advantage in a dense urban area like Los Angeles.
Vacant Possession: Being sold completely vacant provides the new owner immediate flexibility to set market rents, select tenants, or occupy one or both units without the complexities of existing leases or tenant relocation.
Cons
Age of Structure: Built in 1923, the property, despite recent renovations, may still have original or aging core infrastructure (e.g., plumbing, electrical, foundation) that could require significant future maintenance or upgrades not covered by cosmetic updates.
Limited Bathroom Count: Both the 3-bedroom and 2-bedroom units feature only one bathroom each, which could be a functional limitation for larger families or multiple student tenants, potentially impacting rental desirability or convenience.
Unspecified HVAC System: The property description does not mention the presence of a heating, ventilation, or air conditioning (HVAC) system, which could be a drawback for tenant comfort and rental value, especially central air conditioning in the Los Angeles climate.