1451 E. 53rd Ave, Los Angeles is a 1963 constructed 4-unit building of all 2-bed/ 1-bath units. The property is a fixer-upper but has significant upside potential and value-add opportunity for an investor. Great unit mix with all 2-bed/1-bath units. Each unit has it's own laundry connections. The current market rent for a 2-bed/1-bath apartment in this area is approx $2,200/month and the maximum Section 8 Voucher for a 2-bedroom in Los Angeles is $2,666. The property has a long driveway with four uncovered parking spaces in the rear. The property also has the potential to build a detached ADU by right (buyer to verify). This property offers a great opportunity to realize substantial growth and increased cash flow over time.
Sold for $685,000
Listed by: Edner & Associates Real Estate Services • Megan Edner • Contact: 310-261-8641
Bought with: Coldwell Banker Envision
$685,000
1451 E 53rd St, Los Angeles, CA 90011
8beds
4baths
3,108sqft
Quadruplex
Built in 1964
-- sqft lot
$880,900 Zestimate®
$220/sqft
$2,692 Estimated rent
Home value
$880,900
$802,000 - $960,000
$2,692/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Megan Edner DRE #01437099 310-261-8641,
Edner & Associates Real Estate Services
Bought with:
Miriam Carter, DRE #01158179
Coldwell Banker Envision
Source: CRMLS,MLS#: DW23050630
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Cooling
- None
Appliances
- Laundry: Inside, See Remarks
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,108
- Total interior livable area: 3,108 sqft
Property
Features
- Pool features: None
Lot
- Size: 5,403 Square Feet
- Features: 0-1 Unit/Acre, Front Yard
Details
- Parcel number: 5104008025
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $220/sqft
- Tax assessed value: $698,700
- Annual tax amount: $4,602
- Date on market: 3/28/2023
- Cumulative days on market: 38 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2023 | Sold | $685,000-5.9%$220/sqft |
Source:  CRMLS #DW23050630 Report a problem | ||
| 7/4/2023 | Pending sale | $728,000$234/sqft |
Source: CRMLS #DW23050630 Report a problem | ||
| 6/8/2023 | Price change | $728,000+4.6%$234/sqft |
Source: CRMLS #DW23050630 Report a problem | ||
| 4/11/2023 | Pending sale | $695,900$224/sqft |
Source: CRMLS #DW23050630 Report a problem | ||
| 3/28/2023 | Listed for sale | $695,900-12.5%$224/sqft |
Source: CRMLS #DW23050630 Report a problem | ||
| 3/13/2020 | Listing removed | $795,000$256/sqft |
Source: MASTERS REALTY #WS19249455 Report a problem | ||
| 10/23/2019 | Listed for sale | $795,000+15.4%$256/sqft |
Source: MASTERS REALTY #WS19249455 Report a problem | ||
| 12/1/2018 | Listing removed | $688,888$222/sqft |
Source: MASTERS REALTY #WS18171531 Report a problem | ||
| 8/23/2018 | Price change | $688,888-12.7%$222/sqft |
Source: MASTERS REALTY #WS18171531 Report a problem | ||
| 7/26/2018 | Price change | $788,888-20.2%$254/sqft |
Source: MASTERS REALTY #WS18171531 Report a problem | ||
| 7/17/2018 | Listed for sale | $988,888+242.2%$318/sqft |
Source: MASTERS REALTY #WS18171531 Report a problem | ||
| 9/16/2009 | Sold | $289,000-3.6%$93/sqft |
Source: Public Record Report a problem | ||
| 8/15/2009 | Price change | $299,900-21.1%$96/sqft |
Source: NRT California #09-365385 Report a problem | ||
| 6/26/2009 | Price change | $379,900-5%$122/sqft |
Source: NRT California #09-365385 Report a problem | ||
| 4/27/2009 | Listed for sale | $399,900+19.4%$129/sqft |
Source: NRT California #09-365385 Report a problem | ||
| 3/11/2009 | Sold | $335,000-50%$108/sqft |
Source: Public Record Report a problem | ||
| 12/14/2006 | Sold | $670,000+34%$216/sqft |
Source: Public Record Report a problem | ||
| 5/5/2005 | Sold | $500,000$161/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,848 +1.3% | $698,700 +2% |
| 2024 | $8,731 +81.4% | $685,000 +91% |
| 2023 | $4,813 +4.6% | $358,550 +2% |
| 2022 | $4,602 +1.6% | $351,520 +2% |
| 2021 | $4,532 -0.8% | $344,629 +1% |
| 2020 | $4,571 | $341,096 +2% |
| 2019 | $4,571 +6.3% | $334,409 +2% |
| 2018 | $4,298 | $327,853 +2% |
| 2017 | $4,298 +2.1% | $321,425 +2% |
| 2016 | $4,208 +3.1% | $315,124 +1.5% |
| 2015 | $4,082 +0.4% | $310,391 +2% |
| 2014 | $4,065 | $304,311 +2.5% |
| 2012 | -- | $296,998 +2% |
| 2011 | -- | $291,175 +0.8% |
| 2010 | -- | $289,000 -58.5% |
| 2009 | -- | $697,068 +2% |
| 2008 | -- | $683,400 +2% |
| 2007 | -- | $670,000 +31.4% |
| 2006 | -- | $510,000 +103.5% |
| 2005 | -- | $250,636 +4.7% |
| 2004 | -- | $239,378 +1.9% |
| 2003 | -- | $234,992 +2% |
| 2002 | -- | $230,385 +4% |
| 2000 | -- | $221,442 |
Find assessor info on the county website
Neighborhood: Southeast Los Angeles
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Nearby schools
GreatSchools rating
- NAHooper Avenue Primary CenterGrades: KDistance: 0.2 mi
- 4/10Los Angeles Academy MiddleGrades: 6-8Distance: 1 mi
- 4/10Thomas Jefferson Senior High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$880,900
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Estimated market value
$880,900
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