RealKey
‪(213) 433-7766‬

1739 W 53rd Street, Los Angeles, California 90062, Los Angeles, 90062 - bed, bath

1739 W 53rd Street, Los Angeles, California 90062 home-pic-0
ACTIVE$625,000
1739 W 53rd Street, Los Angeles, California 90062
0Bed
0Bath
1,344Sqft
5,324Lot
Year Built
1913
Close
-
List price
$625K
Original List price
$625K
Price/Sqft
$465
HOA
-
Days on market
-
Sold On
-
MLS number
SR25214481
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $625.0K(17th), sqft - 1344(17th), beds - undefined(50th), baths - undefined(50th).

Incredible duplex with bonus space in the heart of Los Angeles! Built in 1913 and updated in 2009 with modernized plumbing and electrical, this property blends classic charm with investment strength. Best Buyers for This Property: Investors seeking stable income. Owner-users who want to live in one unit while offsetting the mortgage with rental income. Value-add buyers or developers looking to maximize cash flow with the bonus unit or ADU potential. Each unit is a well-designed 1-bedroom, 1-bath (approx. 675 Sq Ft each), separately metered for gas and electricity. Unit 1 currently rents for $1,400/month and Unit 2 for $1,450/month, providing steady cash flow from day one. Both units enjoy bright interiors and functional layouts. Adding tremendous upside, there’s an unpermitted bonus unit of approx. 600 sq. ft. featuring 1 bedroom and 1 bath—perfect for creative use, additional rental income, or future ADU potential (buyer to verify with city). Key features: Roof is approx. 15 years old with lots of life left. Annual insurance is appx $1,500. Water approx. $175/month. Lot size approx. 5,227 sq. ft. (per public record). Duplex plus bonus space = rare versatility in this neighborhood. Located near Vermont Square, this property sits close to major transit, schools, shopping, and Downtown LA. A prime opportunity to secure an affordable, cash-flowing asset in one of LA’s high-demand rental markets.

Price History

Date
Event
Price
09/15/25
Listing
$625,000
08/19/09
Sold
$122,000
07/16/04
Sold
$255,000
04/14/00
Sold
$155,000
Condition Rating
Fair
The property, built in 1913, underwent significant updates in 2009, including modernized plumbing, electrical, and a new roof (approx. 15 years old). While these major systems are functional and within their expected lifespan, the interior aesthetics, particularly the kitchen, reflect the 2009 renovation and appear dated. The kitchen features light wood cabinets and white tile countertops/flooring, which are functional but not modern. No bathroom images were provided. The overall impression from the images, including cluttered interior and exterior areas, suggests the property is maintained but shows its age and the age of its last renovation, requiring minor cosmetic updates to enhance its appeal.
Pros & Cons

Pros

Strong Income Potential: The property offers immediate cash flow from two rented units ($1,400 and $1,450/month) and significant upside potential from the bonus space or future ADU conversion.
Strategic Location: Located near Vermont Square, the property is close to major transit, schools, shopping, and Downtown LA, positioning it in a high-demand rental market.
Modernized Core Systems: Despite its 1913 build, the property benefits from modernized plumbing and electrical systems updated in 2009, reducing immediate major system concerns.
Versatile Property Configuration: As a duplex with an additional bonus unit, it offers rare versatility for various buyer profiles, including investors, owner-users, and value-add developers.
Separately Metered Utilities: Each unit is separately metered for gas and electricity, simplifying tenant billing and management for the owner.

Cons

Unpermitted Bonus Unit: The approximately 600 sq. ft. bonus unit is unpermitted, posing legal risks and requiring buyer due diligence for legalization or potential removal, which could incur significant costs.
Property Age: Built in 1913, the property's age, despite some updates, suggests potential for underlying structural or system components not covered by the 2009 modernizations, possibly leading to future maintenance needs.
Required Buyer Investment: To fully capitalize on the 'value-add' potential, particularly with the unpermitted unit and general property age, significant buyer investment for renovation, legalization, or upgrades will be necessary.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state