1452 53Rd Street, Los Angeles, CA 90062
-
Sold Price :
$720,000
-
Beds :
4
-
Baths :
2
-
Property Size :
1,776 sqft
-
Year Built :
1922
Property Description
FANTASTIC INVESTMENT OPPORTUNITY in a prime South LA Location! Assumable FHA Loan at 3.5% !! This Clean and Spacious Duplex promises amazing potential for investors (hold or fix and flip) or owner occupant with a possibility of adding a third ADU unit! Situated in close proximity to highly sought-after areas including USC, DTLA, Expo Park, Leimert Park, West Adams and Jefferson Park, and with easy access to the 110 FWY and Inglewood.The interior of both units has been thoughtfully upgraded to offer modern comforts and style. Both units have Washer/Dryer inside the house. 2 car garage detached, with alley access. Also, the front yard offers ample parking space. It is an ideal opportunity for an owner-occupant looking to supplement their mortgage. The property has an expansive lot, proving ample space for future development. The buyer can also build additional 2 bed / 1 bath unit opening up possibilities for even greater income potential! (The potential additional unit could have its own SEPARATE ENTRANCE through the back alley).(A similar renovated property with upgraded 3 units, right across the street, sold for $1.1m over a year ago!) Whether you are looking to expand your real estate portfolio or buy your first house with a huge upside potential, this property property offers a solid foundation for success! FHA, Conventional and VA Loans welcome!
Interior Features
Bedroom Information |
Bedrooms |
4 |
Bathroom Information |
Bathrooms |
2 |
Interior Information |
Cooling Type |
None |
Listing Information
Address |
1452 53Rd Street |
City |
Los Angeles |
State |
CA |
Zip |
90062 |
County |
Los Angeles |
Listing Agent |
Aleksandra Ola Daniel DRE #02206261 |
Courtesy Of |
Real Broker |
Close Price |
$720,000 |
Status |
Closed |
Type |
Residential Income |
Structure Size |
1,776 |
Lot Size |
5,700 |
Year Built |
1922 |
Listing information courtesy of: Aleksandra Ola Daniel, Real Broker. *Based on information from the Association of REALTORS/Multiple Listing as of Jul 23rd, 2024 at 12:13 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.