For more information regarding the value of a property, please contact us for a free consultation.
1452 W 53rd ST Los Angeles, CA 90062
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $720,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,776 sqft
Price per Sqft $405
MLS Listing ID 24379885
Sold Date 07/19/24
Bedrooms 4
HOA Y/N No
Year Built 1922
Lot Size 5,702 Sqft
Property Description
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. It is 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 buyer can also build additional 2 bed / 1 bath unit 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!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR4
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dishwasher, Dryer, Washer
Exterior
Parking Features Door-Multi, Driveway, Garage
Total Parking Spaces 2
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5003016027
Special Listing Condition Standard
Read Less

Bought with Traci Fellows eXp Realty of Greater Los Angeles
Whether it's finding the perfect place to call home,
Selling the home that no longer fits your needs,
Or strategically investing to build a secure future.
I'm here to help you make the right move at the right time.
Let's talk about your real estate goals.