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Property located mid-block on 53rd Street in Los Angeles, surrounded by recent and ongoing neighborhood development. The site offers potential for redevelopment and is expected to be delivered with no tenants at the close of escrow. Requires cash or hard money financing only. Its a fixer. Buyer to verify condition, square footage, permits, and any potential uses with the City of Los Angeles. Property is being sold as-is. Property can be redone with city approval or be replaced with new building. There is a City of Los Angeles Substandard Order - Supplemental issued on the property. The tenants will be leaving and the building will be delivered empty. There are four units and building is 3 thousand square feet. Needs to be legalized with the city. Markets rents can be $9800.00 to $10,000.00. There a huge upside to the property. Hurry won't last long. Owner will do a three month escrow to allow for plan approval. WILL BE DELIVERED EMPTY. New buyers to verify square footage.
| DAYS ON MARKET | 4 | LAST UPDATED | 4/27/2026 |
|---|---|---|---|
| YEAR BUILT | 1914 | COMMUNITY | C36 - Metropolitan Southwest |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | C36 - Metropolitan Southwest |
| CONSTRUCTION | Frame, Stucco |
| HEAT | Central |
| INTERIOR | Laminate Counters |
| LOT | 5441 sq ft |
| LOT DIMENSIONS | 5440 |
| PARKING | Driveway, On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Spanish |
| UTILITIES | Electricity Connected, Sewer Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/26 1:13 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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