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1501 W 53rd, Los Angeles, California 90062, Los Angeles, 90062 - bed, bath

1501 W 53rd, Los Angeles, California 90062 home-pic-0
ACTIVE$599,000
1501 W 53rd, Los Angeles, California 90062
0Bed
0Bath
2,359Sqft
5,752Lot
Year Built
1924
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$254
HOA
-
Days on market
-
Sold On
-
MLS number
RS25258917
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $599.0K(11th), sqft - 2359(50th), beds - undefined(50th), baths - undefined(50th).

Welcome to 1501 W 53rd Street, a versatile duplex featuring a total of 4 bedrooms and 2 bathrooms in a vibrant part of South Los Angeles. This property offers an excellent opportunity to own a multi-family home in a neighborhood with strong community roots and convenient access to the city. The location is a major highlight. You’re close to major freeways and public transit, making it easy to reach Downtown Los Angeles, USC, and nearby hubs. Residents enjoy quiet, tree-lined streets, a welcoming neighborhood atmosphere, and proximity to local shops, cafés, and parks. Whether you’re looking for an income-producing investment or a flexible multi-family property, 1501 W 53rd Street combines location, lifestyle, and potential, offering a compelling opportunity in Los Angeles living.

Price History

Date
Event
Price
11/20/25
Listing
$599,000
Condition Rating
Poor
Built in 1924, this property is 100 years old. The complete absence of interior images, particularly of the kitchen and bathrooms, strongly suggests these areas are significantly outdated and likely require substantial renovation. The listing description and AI analysis explicitly highlight the 'Age of Property' and 'Lack of Interior Condition Details,' indicating that 'significant modernization or renovation may be required' and implying 'outdated systems (plumbing, electrical, HVAC).' While the exterior appears maintained, the interior condition, especially critical areas like kitchens and bathrooms, is presumed to be in poor shape, necessitating extensive rehabilitation to meet modern standards.
Pros & Cons

Pros

Multi-Family Income Potential: This versatile duplex offers an excellent opportunity for an income-producing investment or a flexible multi-family living arrangement, appealing to a broad range of buyers.
Strategic Location & Accessibility: Situated in a vibrant part of South Los Angeles, the property boasts convenient access to major freeways and public transit, making it easy to reach Downtown Los Angeles, USC, and other key hubs.
Desirable Neighborhood Features: Residents benefit from quiet, tree-lined streets, a welcoming community atmosphere, and proximity to local shops, cafés, and parks, enhancing the overall lifestyle.
Investment Opportunity: The property is highlighted as combining location, lifestyle, and potential, presenting a compelling investment opportunity in the Los Angeles market.
Generous Lot Size: With a substantial lot size of 5752 sqft, the property offers ample outdoor space, which is a significant advantage in an urban setting like Los Angeles.

Cons

Age of Property: Built in 1924, the property is nearly a century old, which may imply outdated systems (plumbing, electrical, HVAC) and potential for significant maintenance or renovation costs.
Lack of Interior Condition Details: The description provides no specific information regarding the interior condition, finishes, or recent upgrades, suggesting that significant modernization or renovation may be required to meet current market standards.
No Mention of Parking: The property description does not specify any dedicated parking, which can be a considerable drawback for a multi-family residence in a dense urban area like Los Angeles.

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