2 months on rocket

1243 E 53rd St, Los Angeles, CA, 90011

$699,999

Home List Price

$8,312*

Closing Credit

4 Bedrooms
2 Full Baths
1,636 SqFt
$428/SqFt
House

Location

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1243 E 53rd St, Los Angeles$699,999

Buyer Closing Credits

$8,312*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Uncovered
Year Built1905
CoolingCentral Air
FireplaceNone
ViewNone
MLS #SR24204885
Lot Size0.12 Acres
StatusActive

About 1243 E 53rd St

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1905
  • Stories: 1
  • Living Area: 1,636 SqFt

Listing Office:

  • Office Name: Sync Brokerage, Inc.
  • Office Phone: (818) 422-3831
  • Listing Agent: David Prieto

Interior Features

Interior Information:

  • Flooring Type: Laminate
  • Interior: All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway, Uncovered

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: S. Central Ave & 53rd St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,999
  • Price Per SqFt: $428/SqFt

Tax Information:

  • Annual Amount: $3,843
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1243 E 53rd St vs Los Angeles

80 DAYS ON ROCKET

+42 Days

$699,999

-$321.5K Less

$428/SqFt

-$212 Less

KEY TAKEAWAY

This property is $321.5K less than the Median Sold Price and $212/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24204885

Listing Office:

  • Office Name: Sync Brokerage, Inc.
  • Office Phone: (818) 422-3831
  • Listing Agent: David Prieto

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 05, 2013Home Sold
$205,000
Nov 17, 2006Home Sold
$500,000
Jun 21, 2001Home Sold
$165,000
Sep 28, 1990Home Sold
$164,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,843$301,241
2020$3,732$298,153
2019$3,641$292,308
2018$3,562$286,577
2017$3,562$280,959

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-793288
2
/10

  • Hooper Elementary School

  • 1225 E 52nd St

  • 0.10 miles

  • Public District Grades 1-5

school-card-donut-793289
5
/10

  • Aurora Elementary School

  • 1050 E 52nd Pl

  • 0.21 miles

  • Public District Grades KG-5

school-card-donut-793290
4
/10

  • Sally Ride Elementary School

  • 1041 E 46th St

  • 0.53 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,915. Typical income of Los Angeles, CA residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1243 E 53rd St

What is the listing price of this property?

The listing price of 1243 E 53rd St property is $699,999.

What type of property is this?

The property 1243 E 53rd St is a house located in Los Angeles, California, 90011.

Is this property for sale now?

Active Listing: 1243 E 53rd St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,843 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 5, 2013 for $205,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1243 E 53rd St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1243 E 53rd St is 1,636 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1243 E 53rd St is 1905.

Rocket Homes›California›Los Angeles County›Los Angeles›90011›1243 E 53rd St

This home is located at 1243 E 53rd St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 1,636 square foot home, which was built in 1905, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $699,999.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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