1435 W 53rd, Los Angeles, California 90062, Los Angeles, 90062 - 0 bed, 0 bath
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Los Angeles, California 90062
This Turnkey Triplex Asset is listed at $999,000, representing a stable entry point at its $999,000 Fair Market Value. Having undergone an Extensive Recent Remodel, the property achieves a Modern Condition Rating featuring updated kitchens, contemporary cabinetry, and new flooring across all three units. The inclusion of rare Detached Garages and a City Lights View provides a distinct competitive edge within the Los Angeles Unified rental market. This property is an ideal acquisition for Owner-Occupants seeking house-hacking potential or Buy-and-Hold Investors prioritizing a stabilized, income-ready portfolio addition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1435 W 53rd Subject | $999,000* List Price | 0 | 0 | 2,431 | $411 | - |
A 1526 W 54th Sold | $999,999 | 0 | 0 | 1,977 | $506 | 0.1 mi |
B 5700 Cimarron St Sold | $862,500 | 6 | 3 | 2,614 | $330 | 0.9 mi |
C 5700 Cimarron St Sold | $862,500 | 0 | 0 | 2,614 | $330 | 0.9 mi |
D 1518 52nd Sold | $960,000 | 4 | 2 | 1,859 | $516 | 0.1 mi |
E 5166 S Manhattan Sold | $1,290,000 | 0 | 0 | 2,934 | $440 | 0.5 mi |
F 5718 S Manhattan Place Pending | $1,199,000 List Price | 0 | 0 | 2,854 | $420 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1930, this triplex has undergone an extensive recent remodel, bringing it to a turnkey, modern standard. The property features updated kitchens with contemporary cabinetry, renovated bathrooms, new flooring throughout, and modern light fixtures. The renovation appears to have addressed all major aesthetic and functional components, meeting the criteria for a property renovated within the last 5 years with no deferred maintenance.
The property has been beautifully remodeled throughout, offering a modern aesthetic that minimizes immediate capital expenditure and appeals to high-quality tenants.
Featuring detached garages and ample on-site parking, this triplex provides a highly sought-after and valuable asset in the Los Angeles rental market where parking is often scarce.
The uniform configuration of three 2-bedroom, 1-bathroom units offers a versatile and high-demand layout for both families and roommates, ensuring strong rental income potential.
Built in 1930, the property may have underlying structural or systemic components that require more frequent maintenance compared to newer multi-family developments.
With three units and detached garages occupying a 5,621 square foot lot, there is minimal communal or private green space available for tenant use.
Beautifully remodeled multi-family triplex featuring three separate units, each offering 2 bedrooms and 1 bathroom—a total of 6 bedrooms and 3 bathrooms across approximately 2,431 square feet of living space.The property provides ample parking & detached garages, a rare and valuable feature for a multi-unit asset. Situated on a 5,621 square foot lot, this well-maintained investment opportunity offers both functionality and steady strong income potential.Conveniently located in close proximity to major transportation routes, shopping, dining, and local amenities, making it highly desirable for tenants and ideal for owner-occupants seeking supplemental income.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,431 | 2,457.5 | 50% |
| Lot Size | 5,621 | 5,648.5 | 50% |
| Price | $999.0K | $904.9K | 59% |
| Price per sq ft | $411 | $372 | 59% |
| Built year | 1930 | 1923 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 111 | 225 | 18% |
Jan 1, 2026
$999,000
Initial Listing
Feb 2, 2022
$1,100,000
Public Record
Apr 30, 2021
$575,000
Public Record