708 W 53rd St

Los Angeles, CA 90037 View Map $580,000 Ask a Question
Sq.Ft. Lot5,440
Year1917
MLS #SR23173525 - 708 W 53rd St Los Angeles, CA 90037 - $580,000 Photo 1
MLS #SR23173525 - 708 W 53rd St Los Angeles, CA 90037 - $580,000 Map
Christian Walsh

Christian Walsh

(949) 635-4466

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Status: Sold
Property Type:Duplex
MLS #:SR23173525
Date Sold:2/23/2024
Lot Size:5,440 Sq. Ft.
County:Los Angeles
Vermont Square Craftsman style duplex with mirrored two bed + 1 bath units already rented out and bringing in income in the heart of South Los Angeles. Great investment opportunity. Front door leads into living room. No need for tenants to share laundry facilities as each unit has their own washer and dryer. 2 bed + 1 bath layout is great for a family or roommates. Off street parking and separate entrances provides convenience and privacy. Duplex located nearby USC, Natural History Museum, The Coliseum, shopping, entertainment, dining and more. Trust Sale.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
10/19/2023$650,000$600,000-7.7%
11/9/2023$600,000$580,000-3.3%
11/29/2023$580,000$545,000-6%
2/23/2024$545,000$580,0006.4%

Community Information

Address:708 W 53rd St, Los Angeles, CA 90037
Area:C42 - Downtown L.A.
County:Los Angeles
City:Los Angeles
Zip Code:90037

Architecture

Year Built:1917
Stories:1
Building Area: 1734.0
Number of Buildings: 1
Total Units: 2
Stories Total: 1
Unit 1: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $2,000 actual rent • $2,000 total rent • $2,500 pro forma
Unit 2: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,468 actual rent • $1,468 total rent • $2,500 pro forma

Features / Amenities

Appliances: Gas Oven, Gas Range
Flooring: Carpet, Tile
Laundry: Inside
Entry Level: 1
Entry Location: 1
Common Walls: 1 Common Wall, No One Above, No One Below
Open Parking Spaces: 2.0
Parking Total: 2.0
Cooling: Wall/Window Unit(s)
Heating: Wall Furnace

Rooms

Kitchen
Living Room

Property Features

Lot Size: 0.12 Acres / 5,440 Sq. Ft.
Lot Features: Lawn
Water: Public
Zoning:LAR4
Directions:East of S. Normandie Ave. North of Slauson Ave.

Tax and Financial Info

Buyer Financing: Conventional
Gross Income: $41,616
Gross Scheduled Income: $48,000
Terms: Cash, Conventional
Total Actual Rent: $3,468
Land Lease: No
Buyer Agency Compensation: 2.500%

Listing Agent/Office

Agent:Oren Kozikaro
Office:Trust Properties Usa,Inc
Broker Email:[email protected]

Schools

WALKING AND TRANSPORTATION

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Based on information from California Regional Multiple Listing Service, Inc. as of July 22, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.