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700 W 53rd, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:CENTURY 21 Coastal Properties
700 W 53rd,Los Angeles, CA 90037
$850,000
  • - Beds
  • - Baths
  • 3,000 sq. ft.
  • Multi-family
  • Active
Listed by: brian tanenbaum
Office: federal financial310-980-2261
MLS#:SR26090625
Source:CRMLS

Price summary

  • Price:$850,000
  • Price per sq. ft.:$283.33

About this home

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...

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Home facts

  • Year built:1914
  • Listing ID #:SR26090625
  • Added:1 day(s) ago
  • Updated:April 27, 2026 at 10:28 PM

Rooms and interior

  • Living area:3,000 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Roof:Asphalt
  • Year built:1914
  • Building area:3,000 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Spanish
  • Construction Materials:Frame, Stucco
  • Foundation Description:Raised

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$283.33

Features and amenities

  • Amenities:Carbon Monoxide (CO2) Detector, Laminate Counters

Parking

  • Parking description:Driveway, On Street
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