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1038 E 53rd St
Los Angeles, CA 90011
10% Reduction | 7.23% CAP & 9.52 GRM · Multifamily Property For Sale
·
5 Units
Investment Highlights
- The property features a vacant 3-bed/1-bath home, fully renovated in 2025; followed by 2 duplexes with (4) 1-bed units built-in 2025.
- The (4) 1-bed units located in the attached and detached duplexes were newly constructed in 2025 and offer similar interior features.
- Across the street from Aurora Elementary School and blocks from Dr. Maya Angelou Community High School and LA Academy Middle School.
- Front unit includes wood-vinyl flooring, new cabinetry, quartz countertops, stainless-steel appliances, mini-split A/C system, and laundry hookups.
- Each 1-bed unit includes modern cabinetry, stainless-steel appliances, upgraded bath finishes, mini-split A/C system, and recessed lighting.
Property Facts
| No. Units | 5 | Building Size | 3,357 SF |
| Property Type | Multifamily | Average Occupancy | 60% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2025 |
| Building Class | C | Parking Ratio | 0.3/1,000 SF |
| Lot Size | 0.11 AC | ||
| Zoning | LAR2 - Two-Family Dwellings R1 Uses, Home Occupations | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,357 SF |
| Average Occupancy | 60% |
| No. Stories | 2 |
| Year Built | 2025 |
| Parking Ratio | 0.3/1,000 SF |
| Zoning | LAR2 - Two-Family Dwellings R1 Uses, Home Occupations |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Washer/Dryer Hookup
- Stainless Steel Appliances
- Range
- Dining Room
- Vinyl Flooring
Site Amenities
- Controlled Access
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $3,668 | - |
| 1+1 | 4 | $2,084 | - |
Property Taxes
| Parcel Number | 5103-023-025 | Improvements Assessment | $81,151 |
| Land Assessment | $324,604 | Total Assessment | $405,755 |
Property Taxes
Parcel Number
5103-023-025
Land Assessment
$324,604
Improvements Assessment
$81,151
Total Assessment
$405,755
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