700 W 53rd, Los Angeles, CA 90037
700 W 53rd, Los Angeles, CA 90037
700 W 53rd, Los Angeles, CA 90037
8
See all 8 photos
$850,000
Est. payment /mo
Save
5,440 Sqft Lot
New

700 W 53rd Los Angeles, CA 90037

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26090625

Construction Status Fixer

HOA Y/N No

Year Built 1914

Lot Size 5,440 Sqft

Property Sub-Type Duplex

Property Description

Property located mid-block on 53rd Street in Los Angeles, surrounded by recent and ongoing neighborhood development. The site offers potential for redevelopment and is expected to be delivered with no tenants at the close of escrow. Requires cash or hard money financing only. Its a fixer.
Buyer to verify condition, square footage, permits, and any potential uses with the City of Los Angeles. Property is being sold as-is.
Property can be redone with city approval or be replaced with new building. There is a City of Los Angeles Substandard Order - Supplemental issued
on the property. The tenants will be leaving and the building will be delivered empty. There are four units and building is 3 thousand square feet.
Needs to be legalized with the city. Markets rents can be $9800.00 to $10,000.00. There a huge upside to the property. Hurry won't last long. Owner will do a three month escrow to allow for plan approval. WILL BE DELIVERED EMPTY. New buyers to verify square footage.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Rooms

Other Rooms Shed(s)

Interior

Interior Features Laminate Counters

Heating Central

Cooling None

Fireplaces Type None

Fireplace No

Laundry Washer Hookup

Exterior

Exterior Feature TV Antenna

Parking Features Driveway, On Street

Fence Block, Chain Link, Wire

Pool None

Community Features Sidewalks, Urban

Utilities Available Electricity Connected, Sewer Connected

View Y/N No

View None

Roof Type Asphalt

Accessibility Parking

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Spanish

Additional Building Shed(s)

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 5001026031

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Lease Land No


CRMLS Full IDX Feed (MAIN Website Search)
Listed by Brian Tanenbaum Federal Financial 310-980-2261, DRE #00871788

GET MORE INFORMATION

Modern Broker

Modern Broker

Broker | License ID: 02022092

+1(888) 715-2177

Name
Phone*
Message

Go tour this home

700 W 53rd