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 property—aggressively 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 tenants—a 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. Don’t miss this opportunity to own a home with both heart and potential—your future starts here!

Features & Amenities

Interior

Laundry:
Inside
Flooring:
Laminate
A/C:
true, Central Air
Fireplace:
None

Exterior

General:
Other, Guest House
Style:
Traditional
Pool:
None
Parking:
Other

Construction

General:
Stucco, Concrete, 1, Raised

Location

HOA Amenities:
0.0
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LAR2, 5104004028
View:
None

Utilities

Water:
Public
Sewer:
Public Sewer

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.

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