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$1,649,000
Est. payment /mo
4,643 Sqft Lot
Price Dropped by $50K
1038 E 53rd ST Los Angeles, CA 90011
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25162557
HOA Y/N No
Year Built 2025
Lot Size 4,643 Sqft
Property Sub-Type Apartment
Property Description
RARE opportunity to own a brand new 5 unit apartment building! These contemporary buildings offer the perfect combination of timeless craftsmanship and modern living boasting curb appeal and a highly desirable layout. 2 buildings composed of 5 units, 4 units are 1 bedroom and 1 bathroom while 1 unit is 3 bedrooms and 1 bathroom making this the perfect opportunity to live in one and rent the others or rent all 5 units to maximize your passive income.
These units offer open floor plans, mini-splits, solar panels, custom 2-toned cabinetry, window treatments, modern baseboards and door trimmings, warm-toned flooring and paint in the living areas, sleek tiling in the kitchens and restrooms, and recessed lighting throughout to create the perfect interior ambiance. The exterior has new hardscaping with pavers, garden with rain gutters that runoff to it, fencing, and big modern house numbers maintaining the contemporary vibe these units offer.
Centrally located in the heart of beloved Downtown LA near many beloved attractions from the Crypto.com arena to the fashion district and nestled between the 10, 110, 710 AND 105 freeways!
These units offer open floor plans, mini-splits, solar panels, custom 2-toned cabinetry, window treatments, modern baseboards and door trimmings, warm-toned flooring and paint in the living areas, sleek tiling in the kitchens and restrooms, and recessed lighting throughout to create the perfect interior ambiance. The exterior has new hardscaping with pavers, garden with rain gutters that runoff to it, fencing, and big modern house numbers maintaining the contemporary vibe these units offer.
Centrally located in the heart of beloved Downtown LA near many beloved attractions from the Crypto.com arena to the fashion district and nestled between the 10, 110, 710 AND 105 freeways!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Curbs, Sidewalks
Private Pool No
Building
Lot Description Back Yard, Front Yard, Paved
Story 2
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5103023025
Acceptable Financing Cash, Conventional, Contract, 1031 Exchange, FHA, Submit, VA Loan
Listing Terms Cash, Conventional, Contract, 1031 Exchange, FHA, Submit, VA Loan
Special Listing Condition Standard

Listed by Kevin Messiha Keller Williams SELA 213-400-0002