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1625 E 53rd St, Los Angeles, CA, 90011

$820,000

Home List Price

$9,738*

Closing Credit

0 Baths
Multi

Location

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1625 E 53rd St, Los Angeles$820,000

Buyer Closing Credits

$9,738*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingConcrete, Door-Multi, Detached Carport, Driveway Level, Driveway, Garage, On Site
Garage4 spaces
Year Built1908
HeatingWall Furnace
CoolingNone
FireplaceBonus Room, Gas, Kitchen, Living Room, Primary Bedroom, Outside, See Remarks
ViewNone
MLS #SR24221231
Lot Size0.13 Acres
StatusActive

About 1625 E 53rd St

This duplex offers a fantastic opportunity for investors or homeowners looking to add value. Though it requires some TLC, the property has tremendous potential with its solid structure and spacious layout. Featuring two separate units, each with generous living areas, this duplex could easily be transformed into a high-income rental property or a comfortable multi-generational home. With the right updates and care, it promises significant upside in both market value and rental income, making it a smart investment in a desirable location. Great opportunity in a high-demand area!

Property Details

Property Features

Property Information:

  • Year Built: 1908
  • Stories: 2

Listing Office:

  • Office Name: Luxury Collective
  • Office Phone: (818) 321-7401
  • Listing Agent: Xavier Franco

Interior Features

Interior Information:

  • Appliances: Gas Oven, Microwave, Water Heater
  • Flooring Type: Laminate
  • Interior: High Ceilings
  • Fireplace: Bonus Room, Gas, Kitchen, Living Room, Primary Bedroom, Outside, See Remarks

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Concrete, Door-Multi, Detached Carport, Driveway Level, Driveway, Garage, On Site

Lot Features

Lot Information:

  • Lot: Front Yard, Near Public Transit
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Thomas Jefferson Senior High School, Public District Grades 9-12
  • Early College Academy-La Trade Tech College, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Los Angeles Academy Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Hooper Avenue Elementary School, Public District Grades 1-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Drive down South on Long Beach Ave, make a right on 53rd St. Driving North on Long Beach Ave, turn left on 53rd St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $820,000

Tax Information:

  • Annual Amount: $5,964
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

36

# of Sold Homes

1331

1625 E 53rd St vs Los Angeles

1 DAY ON ROCKET

-35 Days

$820,000

-$192.4K Less

KEY TAKEAWAY

This property is $192.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24221231

Listing Office:

  • Office Name: Luxury Collective
  • Office Phone: (818) 321-7401
  • Listing Agent: Xavier Franco

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: 10/27/2024, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 04, 2014Home Sold
$419,000
Nov 22, 2013Home Sold
$300,000
Sep 24, 2008Home Sold
$615,000
Jul 12, 2005Home Sold
$310,000
May 02, 1995Home Sold
$88,000
Jan 08, 1990Home Sold
$100,909

Tax History

YEARPROP. TAXASSESSMENT
2021$5,964$475,669
2020$5,790$470,793
2019$5,677$461,562
2018$5,554$452,513
2017$5,554$443,641

History based on county public records data.

Payment Calculator

$4,160

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,525

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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.

Elementary School

school-card-donut-737040
2
/10
  • Hooper Avenue Elementary School

  • 1225 E 52nd St

  • 0.53 miles

  • Public District Grades 1-5

school-card-donut-737041
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.46 miles

  • Public Magnet Grades KG-6

school-card-donut-737042
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 19.57 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-737043
3
/10
  • Los Angeles Academy Middle School

  • 644 E 56th St

  • 1.21 miles

  • Public District Grades 6-8

school-card-donut-737044
4
/10
  • Studio

  • 2211 W Avenue 30

  • 7.59 miles

  • Public District Grades 6-8

High School

school-card-donut-737045
3
/10
  • Thomas Jefferson Senior High School

  • 1319 E 41st St

  • 1.08 miles

  • Public District Grades 9-12

school-card-donut-737046
7
/10
  • Early College Academy-La Trade Tech College

  • 400 W Washington Blvd

  • 3.00 miles

  • Public District Grades 9-12

school-card-donut-737047
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 3.48 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,944. Typical income of Los Angeles, CA residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles900111625 E 53rd St

This home is located at 1625 E 53rd St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This home, which was built in 1908, sits on a 0.13 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $820,000.

Los Angeles, CA housing market in September 2024 saw over 532 listings sold above listed price, more than 180 sold at listed price and over 619 sold below. The number of listings in Los Angeles, CA increased by 10.6% between August 2024 and September 2024. The median list price of listings available in September 2024 was $1,012,476, while the average time on the real estate market was 36 days.

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

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