1510 W 53rd Street Los Angeles, CA ^$ 699,000

1510 W 53rd Street

^$ 699,000

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1510 W 53rd Street

Los Angeles, CA, 90062

^$ 699,000

Bedrooms4 Baths2.0 Sq 1,696

Monthly Estimate*

^$ 4,883

Listed by Compass

1510 W 53rd Street, Los Angeles, CA 90062 - Image 1

1510 W 53rd Street, Los Angeles, CA 90062 - Image 2

Multi-Family Home for sale in Los Angeles, CA

for $699,000 with 4 bedrooms and 2 full baths. This 1,696 square foot home was built in 1923 on a lot size of 0.1302.

Welcome to this charming Spanish Duplex, a perfect opportunity for investors or owner-users seeking a property with income potential. Each unit offers 2 bedrooms and 1 bath and is being sold with tenants in place in 'as is' condition. The current rental income is $1505 for one unit and $1600 for the other. Showings are available with an offer, pre-approval, and proof of funds. Don't miss the chance to own this attractive Spanish-style property providing immediate rental income.

Multi-Family Active

Price

^$ 699,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1302

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24373888

Days on Market

Features

General

Heating WallFurnace

Cooling None

Possession CloseOfEscrow

Zoning LAR4

Year Built 1923

Tenant Pays Electricity Gas

Stories 1

Levels One

Gross Income 3150.0

County Los Angeles

Net Operating Income 32940.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions From the 110 Fwy exit at Slauson Ave and head west. Turn right on Normandie Ave and left on 53rd St. The Duplex will be on your left.

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area C34 - Los Angeles Southwest

Lot Size Square Feet 5673.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 53rd

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Water Sewer Expense 300.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Occupancy Description Tenant

Cap Rate 4.7

Exterior

Parking Features Driveway

Total Parking 0.0

Lot Size Area 5673.0

Number of Buildings 1

Spa N

Building Area Total 1696.0

Lot Size Acres 0.1302

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Window Features DoublePaneWindows

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 4

Electric On Property Y/N N

Total Baths 2

Internal Only

Street Number 1 1510

* Excluded Features

List By

Compass

Broker

(323) 377-4067

Phone

Affordability Calculator

$4,883

Per Month

Monthly Principal & Interest: $4,883
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,999,871

Percent of Sale Price 186%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/29/2024	$699,000		Listed Price

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1510 W 53rd Street, Los Angeles, CA, 90062 is a Multi-Family Home for sale at $699,000 with 1,696 sqft and a lot size of 0.1302. 1510 W 53rd Street has 4 bedrooms, 2.0 baths, and was built in 1923. The property's zip code is 90062 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/2024. 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.

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1510 W 53rd Street

Multi-Family Home for sale in Los Angeles, CA

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