1243 E 53rd Street, Los Angeles, CA 90011

$699,999 Asking Price

4 beds
2 baths
1,636  sqft
Built in 1905

MAJOR PRICE DROP ALERT! Now just $699,000! This is the moment to make your move on this incredible propertyaggressively priced for a quick sale at an unbeatable value! At $699,000. Welcome to a charming property in an exciting, up-and-coming neighborhood of Los Angeles. This home offers the perfect blend of opportunity and comfort, featuring a 1,246 sq ft main house with 3 spacious bedrooms and 1 bathroom, currently rented with reliable, performing tenantsa wonderful option for those looking for instant rental income or a future home to call your own. As a bonus, the property includes a detached rec room offering 1 bedroom and 1 bathroom with 390 sq ft of additional living space. Whether you use it as a guest suite, home office, or extra rental unit, this added feature offers flexibility and value. This property is brimming with upside potential, making it a great fit for first-time homebuyers, investors, or anyone looking to grow their portfolio in a thriving community. The spacious lot and versatile layout make it easy to envision creating your ideal living space while benefiting from long-term investment gains. Dont miss this opportunity to own a home with both heart and potentialyour future starts here!

Features & Amenities

Interior

Laundry:
Inside
Flooring:
Laminate
A/C:
Central Forced Air
Fireplace:
N/K

Exterior

General:
Stucco,Concrete
Style:
Traditional
Other Structures:
Guest House
Pool:
None
Parking:
Uncovered,Driveway - Combination, Parking spaces: 4

Construction

Roofing:
Composition,Shingle
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
LAR2, 5104004028
View:
N/K
Fencing:
Wrought Iron

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Sync Brokerage, Inc., David Prieto

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: