1462 W 53rd Street, Los Angeles, CA 90062
Local realty services provided by:CENTURY 21 Allstars
1462 W 53rd Street,Los Angeles, CA 90062
$1,250,000
- 10 Beds
- 8 Baths
- 4,992 sq. ft.
- Multi-family
- Active
Office: marcus & millichap
MLS#:25612459
Source:CRMLS
Price summary
- Price:$1,250,000
- Price per sq. ft.:$250.4
About this home
We are pleased to present the opportunity to acquire an 8-unit multifamily property located in the Vermont Square neighborhood of South Los Angeles. Built in 1922, the property features a classic courtyard layout with gated access and a desirable unit mix of (6) 1Bed/1Bath and (2) 2Bed/1Bath units. One 1-bedroom unit may become vacant in the near future, providing an opportunity for a new owner to capture additional rental income. The property includes eight (8) individual one-car garages with alley access and is individually metered for gas and electricity, minimizing operating expenses for ownership. The building offers 4,992 square feet of rentable space on an oversized 11,372 square foot LAR4-zoned lot, providing strong in-place income with approximately 37% rental upside and long-term redevelopment potential, including the opportunity to add ADUs for additional income. Situated near Normandie Avenue and 54th Street, residents benefit from convenient access to public transportation, retail amenities, and major employment centers. The property is a short drive from USC, Exposition Park, and Downtown Los Angeles, as well as major sports and entertainment venues including SoFi Stadium, The Forum, and the upcoming Intuit Dome. Easy access to the 10 and 110 Freeways further enhances connectivity throughout Greater Los Angeles.
Contact an agent
Home facts
- Year built:1922
- Listing ID #:25612459
- Added:40 day(s) ago
- Updated:December 06, 2025 at 11:37 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:8
- Living area:4,992 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1922
- Building area:4,992 sq. ft.
- Lot area:0.26 Acres
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$250.4
New listings near 1462 W 53rd Street
- New
$1,095,000Active2 beds 2 baths1,380 sq. ft.2131 Century Park Lane #109, Los Angeles, CA 90067
MLS# CL25628235Listed by: NOURMAND & ASSOCIATES-BH - New
$625,000Active2 beds 2 baths948 sq. ft.7037 La Tijera Boulevard #C101, Los Angeles, CA 90045
MLS# CL25628251Listed by: RODEO REALTY- BRENTWOOD - New
$35,000Active0.1 Acres4819 Marmion Way, Los Angeles, CA 90042
MLS# CRGD25275716Listed by: ARROYO SECO REALTY CORP. - New
$590,000Active2 beds 2 baths1,047 sq. ft.4499 Via Marisol #244C, Los Angeles, CA 90042
MLS# CRP1-25200Listed by: KELLER WILLIAMS LOS ANGELES - New
$760,000Active3 beds 2 baths910 sq. ft.10851 Scoville Avenue, Los Angeles, CA 91040
MLS# CRP1-25202Listed by: COMPASS - New
$850,000Active4 beds 3 baths2,328 sq. ft.13426 Crocker Street, Los Angeles, CA 90061
MLS# CRPW25273296Listed by: KELLER WILLIAMS COASTAL PROP. - New
$998,000Active3 beds 2 baths1,508 sq. ft.2405 Clyde, Los Angeles, CA 90016
MLS# CRPW25275597Listed by: CENTURY 21 CORNERSTONE - New
$650,000Active3 beds 1 baths1,091 sq. ft.1222 W 78th Street, Los Angeles, CA 90044
MLS# 25628091Listed by: QUICK LANE REALTY - New
$1,200,000Active8 beds -- baths1104 W 93rd, Los Angeles, CA 90044
MLS# DW25275737Listed by: MIAMAR REALTY - Open Sun, 1pm to 4amNew
$1,235,000Active3 beds 2 baths2,065 sq. ft.20769 Lugano, Porter Ranch, CA 91326
MLS# SR25275060Listed by: RE/MAX ONE