1452 W 53rd Street

FANTASTIC INVESTMENT OPPORTUNITY in a prime South LA Location! Assumable FHA Loan at 3.5% !! This Clean and Spacious Duplex promises amazing potential for investors (hold or fix and flip) or owner occupant with a possibility of adding a third ADU unit! Situated in close proximity to highly sought-after areas including USC, DTLA, Expo Park, Leimert Park, West Adams and Jefferson Park, and with easy access to the 110 FWY and Inglewood.The interior of both units has been thoughtfully upgraded to offer modern comforts and style. Both units have Washer/Dryer inside the house. 2 car garage detached, with alley access. Also, the front yard offers ample parking space. One unit can be delivered fully vacant (negotiable), making it an ideal opportunity for an owner-occupant looking to supplement their mortgage. The property has an expansive lot, proving ample space for future development. The seller can also include plans to build additional 2 bed / 1 bath unit (negotiable), opening up possibilities for even greater income potential! (The potential additional unit could have its own SEPARATE ENTRANCE through the back alley).(A similar renovated property with upgraded 3 units, right across the street, sold for $1.1m over a year ago!) Whether you are looking to expand your real estate portfolio or buy your first house with a huge upside potential, this property property offers a solid foundation for success! FHA, Conventional and VA Loans welcome!