$720,000
$699,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
1452 W 53rd St Los Angeles, CA 90062
4 Beds
2 Baths
1,776 SqFt
Key Details
Sold Price $720,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,776 sqft
Price per Sqft $405
MLS Listing ID 24-379885
Sold Date 07/19/24
Bedrooms 4
Year Built 1922
Lot Size 5,700 Sqft
Acres 0.1308
Property Sub-Type Multi-Family
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 Los Angeles Southwest
Zoning LAR4
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Built-Ins, Dishwasher, Dryer, Range/Oven, Washer
Exterior
Parking Features Garage Is Detached, Garage - 2 Car, Driveway
Garage Spaces 2.0
Building
Story 1
Level or Stories One
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with eXp Realty of Greater Los Angeles






