700 W 53rd, Los Angeles, CA 90037
Local realty services provided by:CENTURY 21 LOTUS
700 W 53rd,Los Angeles, CA 90037
$798,500
- - 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:$798,500
- Price per sq. ft.:$266.17
About this home
A BIG PRICE REDUCTION!!!!!! URGENT SALE!!!!!
CALLING ALL DEVELOPERS, INVESTORS, AND ANYONE with a big imagination. This property is an EXCEPTIONAL INVESTMENT PROPERTY in the city of LoOS ANGELES!!! featuring A FOUR-UNIT PROPERTY (FOURPLEX) situated mid-block on 53rd Street, surrounded by ONGOING GROWTH AND DEVELOPMENT!
Ideally for those LOOKING TO RENOVATE OR REPOSITION, the property requires permitting and alignment with the City of Los Angeles. Once improved, the asset offers significant upside potential, with PROJECTED MARKET RENTS estimated TO BE in the $9,800 to $10,000 range per month.
PROPERTY IS approximately 3,000 square foot building consisting of FOUR UNITS and is being offered as a major fixer. Property is subject to a City of Los Angeles Substandard Order – Supplemental and is to be sold as-is. Buyer to verify all information, including square footage, permits, condition, and potential uses with the City.
ONLY CASH OR HARD MONEY offers.
A COMPELLING OPPORTUNITY for INVESTORS SEEKING a PROJECT with substantial upside in a rapidly evolving area....
Contact an agent
Home facts
- Year built:1914
- Listing ID #:SR26090625
- Added:45 day(s) ago
- Updated:June 10, 2026 at 10:35 AM
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:$798,500
- Price per sq. ft.:$266.17
Features and amenities
- Amenities:Carbon Monoxide (CO2) Detector, Laminate Counters
Parking
- Parking description:Driveway, On Street
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