1501 W 53rd, Los Angeles, California 90062, Los Angeles, 90062 - bed, bath
1501 W 53rd
Los Angeles, California 90062
Property Price
SUMMARY
Analysis of 1501 W 53rd, Los Angeles, California 90062 is currently available with a list price of $549,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1924, this vintage duplex appears to be maintained through regular upkeep but lacks evidence of recent major renovations. The exterior shows aged stucco and older window styles with security bars. The absence of interior photos of the kitchens and bathrooms, combined with a description focusing on 'potential' and 'investment opportunity,' suggests that the interior components are likely dated and require modernization to meet current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation Potential
As a versatile duplex, this property offers an excellent opportunity for house-hacking or a pure investment strategy in a high-demand rental market.
- Strategic Location
Proximity to USC, Downtown Los Angeles, and major freeways makes this an ideal location for commuters and students, ensuring consistent tenant interest.
- Competitive Price Point
With a recent price reduction to $549,900, this property represents a relatively low entry price for a multi-family asset in the Los Angeles area.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1924, the property likely requires ongoing maintenance or significant capital improvements to modernize aging electrical, plumbing, and structural systems.
- Low Bathroom-to-Bedroom Ratio
With only two bathrooms for four bedrooms, the unit layouts may be less competitive compared to modern rentals that offer more convenience and privacy.
- Market Resistance
The recent price drop of nearly $50,000 suggests the property may have faced challenges with its initial valuation or may require undisclosed repairs that deterred early buyers.
About 1501 W 53rd
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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1924
- Lot Size
- 5,752 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,359 | 2,359 | 50% |
| Lot Size | 5,752 | 5,676 | 61% |
| Price | $549.9K | $853.0K | 17% |
| Price per sq ft | $233 | $367 | 4% |
| Built year | 1924 | 1922 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 106 | 202 | 13% |
Pricing History
Listed for Sale
Jan 15, 2026
$549,900
$599,000
-8% Price Drop
Initial Listing
Price Change
Nov 20, 2025
$599,000
Initial Listing