Los Angeles, CA 90062,1452 W 53rd St
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Los Angeles, CA 90062,1452 W 53rd St
Los Angeles, CA 90062,1452 W 53rd St
Los Angeles, CA 90062,1452 W 53rd St
Los Angeles, CA 90062,1452 W 53rd St

$720,000

Est. payment /mo

$699,000

3.0%
Est.Price: ?

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1452 W 53rd St Los Angeles, CA 90062

4 Beds

2 Baths

1,776 SqFt

SOLD DATE : 07/19/2024

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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TheMLS (CLAW)
Listed by Real Broker
Bought with eXp Realty of Greater Los Angeles
George Salazar

George Salazar

Agent | License ID: 00884017

+1(310) 400-6756

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