236 53 W 53rd, Los Angeles, CA 90037
- $650,000
- List Price
- $650,000
- Status
- ACTIVE
- MLS#
- DW26159190
- Year Built
- 1913
- Lot Size
- 5,200
- Acres
- 0.12
- Lot Location
- Level, Yard
- Days on Market
- 7
- Property Type
- Multifamily
- Property Sub Type
- Duplex
Property Description
Exceptional investment and owner-user opportunity! This well-maintained duplex features two identical 2-bedroom, 1-bathroom units offering approximately 800 sq. ft. each, for a total of 1,600 sq. ft. of living space. (to be verified by buyer) The property will be delivered completely vacant, providing the perfect opportunity for an owner-user to live in one unit while generating rental income from the other, or for an investor to lease both units at current market rents. Situated on an R2-zoned lot, this property offers excellent future potential for expansion or redevelopment (buyer to verify with the City). Centrally located with convenient access to the 110, 10, and 105 Freeways, this property is just minutes from USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, the California Science Center, Downtown Los Angeles, Crypto.com Arena, LA Live, SoFi Stadium, Kia Forum, and LAX. With its prime location, vacant delivery, flexible living options, and outstanding investment potential, this is a rare opportunity you won't want to miss. New block wall going up on the east side of the property to separate the lots. Built in covered patio is permitted.
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $43,200
- Operating Expense
- 210
Listing courtesy of Listing Agent: Anita Hartog (hartogrealtygroup@gmail.com) from Listing Office: Century 21 Allstars.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.