1549 E 53rd, Los Angeles, California 90011, Los Angeles, 90011 - 5 bed, 3 bath
1549 E 53rd
Los Angeles, California 90011
Property Price
SUMMARY
Analysis of 1549 E 53rd, Los Angeles, California 90011 is currently available with a list price of $599,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This 1923-built duplex is explicitly described as a distressed, 'as-is' value-add property. Its inclusion in the REAP program confirms significant habitability and safety violations that have not been addressed. The requirement for cash or hard money financing further indicates that the property's systems, kitchen, and bathrooms are likely in a state of severe disrepair and do not meet standard financing or living requirements.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
As a duplex with over 1,800 sq ft of living space, this property offers a versatile residential income opportunity for long-term rental strategies or multi-generational living.
- Significant Value-Add Upside
The distressed nature of the property provides a substantial repositioning opportunity for experienced investors to renovate and capture market-rate equity.
- Generous Lot Size
Situated on a 5,508 sq ft lot, the property offers ample space for potential site improvements or the addition of an Accessory Dwelling Unit (ADU) to further increase yield.
CONSRISKS & DEFICIENCIES
- REAP Program Status
The property is currently in the REAP program with existing tenants, indicating significant habitability issues and complex administrative requirements to clear title and restore full rent collection.
- Financing Limitations
Due to its distressed 'as-is' condition, the property is likely ineligible for traditional financing, restricting the buyer pool to those with cash or hard money resources.
About 1549 E 53rd
Duplex investment opportunity in South Los Angeles featuring two units, approximately 1,871 sq ft of living space on a 5,508 sq ft lot (per public records). Distressed, value-add property being sold AS-IS with no repairs, credits, or warranties of any kind. Strong repositioning and renovation upside for experienced investors. Tenants occupying property paying into REAP program. Buyer to conduct all due diligence regarding condition, permits, zoning, and use. Cash or hard money financing strongly recommended. Property is suited for investors seeking a long-term hold or improvement opportunity.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1923
- Lot Size
- 5,508 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Holmes Avenue Elementary School
Grades K-6 • 0.3 mi
Hooper Avenue Elementary School
Grades 1-5 • 0.4 mi
Ascot Avenue Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | - | 86% |
| Baths | 3.0 | - | 86% |
| Square foot | 1,871 | 1,926 | 45% |
| Lot Size | 5,508 | 5,288 | 72% |
| Price | $599.0K | $699.0K | 24% |
| Price per sq ft | $320 | $345 | 41% |
| Built year | 1923 | 1912 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 231 | 3% |
Pricing History
Listed for Sale
Jan 26, 2026
$599,000
Initial Listing
Sold
Feb 10, 2022
$485,000
Public Record
Sold
Feb 8, 2022
$460,000
Public Record
Sold
Dec 23, 2020
$425,000
Public Record
Sold
Oct 22, 2013
$350,003
Public Record
Sold
Mar 29, 2013
$241,500
Public Record
Sold
Apr 5, 2005
$350,000
Public Record