1435 W 53rd Street, Los Angeles, California 90062, Los Angeles, 90062 - bed, bath
ACTIVE$949,000
1435 W 53rd Street, Los Angeles, California 90062
0Bed
0Bath
2,431Sqft
5,621Lot
Year Built
1930
Close
-
List price
$949K
Original List price
$1.2M
Price/Sqft
$390
HOA
-
Days on market
-
Sold On
-
MLS number
SB24255379
Home ConditionExcellent
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $949.0K(56th), sqft - 2431(56th), beds - undefined(50th), baths - undefined(50th).
Remodeled multi-family triplex. Three separate units, each featuring 2 bedrooms and 1 bathroom, totaling 6 bedrooms and 3 bathrooms across 2,431 square feet of living space. The property offers a total of 7 parking spaces, including a detached 2-car garage. On a 5,621 square foot lot, it is in close proximity to the University of Southern California, dining options, transportation, and Downtown LA, making it a desirable investment opportunity.
Price History
Date
Event
Price
07/31/25
$949,000
01/01/25
$1,199,998
02/02/22
Sold
$1,100,000
04/30/21
Sold
$575,000
Condition Rating
Excellent
Despite being built in 1930, the property has undergone a comprehensive and recent remodel, as stated in the description and evidenced by the images. The kitchens feature new white shaker cabinets, white countertops, subway tile backsplashes, stainless steel appliances (dishwasher), and modern black fixtures. Bathrooms are similarly updated with new vanities, modern mirrors, and contemporary lighting. New wood-look laminate flooring and fresh paint are present throughout, indicating that all visible components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Multi-Family Investment: The property is a remodeled triplex with three separate 2-bedroom, 1-bathroom units, offering significant income potential and flexibility for investors or multi-generational living.
Strategic Location: Its proximity to the University of Southern California (USC), dining, transportation, and Downtown LA makes it highly attractive for renters and ensures strong demand.
Ample Parking: With a total of 7 parking spaces, including a detached 2-car garage, the property provides a rare and valuable amenity in a dense urban environment like Los Angeles.
Recent Remodel: The description highlights that the triplex has been 'remodeled,' suggesting updated interiors and potentially reduced immediate capital expenditures for a new owner.
Significant Price Reduction: The property has seen a substantial price drop from its original list price of $1,199,998 to $949,000, indicating increased value proposition and potential for a competitive offer.
Cons
Age of Property: Built in 1930, the property is nearly a century old. While remodeled, older structures can still present challenges with underlying infrastructure (plumbing, electrical, foundation) that may require future maintenance or upgrades.
Modest Lot Size: The 5,621 square foot lot, while adequate, may offer limited outdoor space for tenants or restrict future expansion possibilities for a triplex in a desirable urban area.
Unit Bathroom Configuration: Each of the three units features only one bathroom. For 2-bedroom units, this configuration might be less appealing to some tenant demographics or families seeking more bathroom facilities.