537 N Cummings Street, Los Angeles, California 90033, Los Angeles, 90033 - 3 bed, 1 bath

537 N Cummings Street, Los Angeles, California 90033 home-pic-0
ACTIVE$749,999$1,348/sqft
537 N Cummings Street, Los Angeles, California 90033
3Beds
1Bath
1,348Sqft
5,624Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Central Location: Strategically located in the heart of Los Angeles, minutes from Downtown LA, offering exceptional convenience with quick access to major freeways (5, 10, 101, 110) and proximity to urban amenities, entertainment venues like Crypto.com Arena, and cultural centers.
Top Cons:
Age of Property: Built in 1920, despite recent remodels, the property's age may imply potential for unforeseen maintenance issues or the need for future updates to core systems (e.g., plumbing, electrical) not covered by cosmetic improvements.

Compared to the nearby listings

Price:$750.0K vs avg $750.0K (+$0)50%
Size:1,348 sqft vs avg 2,088 sqft12%
Price/sqft:$556 vs avg $38088%

More Insights

Built in 1920 (106 years old).
Condition: Despite being built in 1920, this property has undergone a very recent and extensive renovation, as evidenced by the images and description. The kitchen features new white shaker cabinets, quartz countertops, and modern fixtures, though appliances are not visible. The bathrooms (two are clearly shown in images and floor plan, despite the MLS stating one) are also newly updated with modern vanities, tiling, and fixtures. New wood-look laminate flooring, fresh paint, recessed lighting, and modern ceiling fans are present throughout the living areas and bedrooms. The overall interior condition is virtually new, meeting current quality standards and requiring no immediate updates. The exterior also appears freshly painted and well-maintained.
Year Built
1920
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$556
HOA
-
Days on market
-
Sold On
-
MLS number
SR25280007
Home ConditionExcellent
Features
Good View: None
Patio
View-

About this home

LOCATION , LOCATION , LOCATION !!!! TURNKEY MULTI-FAMILY OPPORTUNITY IN THE HEART OF LOS ANGELES Welcome to 537 N Cummings St — a recently remodeled, income-producing property that blends modern updates with unbeatable central location and long-term upside. Positioned just minutes from Downtown LA, this property offers exceptional convenience with quick access to the 5, 10, 101, and 110 freeways, making commuting and city access effortless. Whether you’re an owner-user or investor, this is a rare opportunity to secure a move-in-ready asset in a high-demand corridor. Step outside and enjoy proximity to top restaurants, trendy cafés, and nearby commercial centers, along with local markets and neighborhood essentials—everything you need for vibrant urban living is close by. Entertainment and culture are right around the corner with Crypto.com Arena and the Los Angeles Convention & Exhibition Center just a short drive away, offering year-round events, sports, and concerts. The surrounding neighborhood features a diverse and growing demographic, driven by central employment hubs and ongoing revitalization—fueling strong rental demand and future appreciation. The property is served by the Los Angeles Unified School District (LAUSD). Recently upgraded and thoughtfully improved, this property delivers immediate livability, strong income potential, and future flexibility (buyer to verify zoning and development options). Turnkey today. Opportunity tomorrow. 537 N Cummings St is ideal for buyers seeking location, lifestyle, and long-term value—all in one !!!

A
Allan Sekiranda
Listing Agent

Price History

Date
Event
Price
11/22/22
Sold
$425,000
07/29/08
Sold
$260,000
01/13/06
Sold
$495,000
Condition Rating
Excellent

Despite being built in 1920, this property has undergone a very recent and extensive renovation, as evidenced by the images and description. The kitchen features new white shaker cabinets, quartz countertops, and modern fixtures, though appliances are not visible. The bathrooms (two are clearly shown in images and floor plan, despite the MLS stating one) are also newly updated with modern vanities, tiling, and fixtures. New wood-look laminate flooring, fresh paint, recessed lighting, and modern ceiling fans are present throughout the living areas and bedrooms. The overall interior condition is virtually new, meeting current quality standards and requiring no immediate updates. The exterior also appears freshly painted and well-maintained.
Pros & Cons

Pros

Prime Central Location: Strategically located in the heart of Los Angeles, minutes from Downtown LA, offering exceptional convenience with quick access to major freeways (5, 10, 101, 110) and proximity to urban amenities, entertainment venues like Crypto.com Arena, and cultural centers.
Multi-Family Income Potential: Positioned as a 'TURNKEY MULTI-FAMILY OPPORTUNITY' and 'income-producing property,' it offers strong income potential and is ideal for both owner-users and investors seeking a revenue-generating asset.
Recent Remodel & Turnkey Condition: The property has been 'recently remodeled' and 'thoughtfully improved,' presenting as a 'move-in-ready asset' with 'immediate livability,' reducing immediate capital expenditure for the buyer.
Strong Investment & Appreciation Upside: Located in a high-demand corridor with a 'diverse and growing demographic,' fueled by central employment hubs and ongoing revitalization, promising 'strong rental demand and future appreciation' and 'long-term value.'
Urban Lifestyle & Convenience: Offers a vibrant urban lifestyle with easy access to top restaurants, trendy cafés, commercial centers, local markets, and neighborhood essentials, making city living effortless and desirable.

Cons

Age of Property: Built in 1920, despite recent remodels, the property's age may imply potential for unforeseen maintenance issues or the need for future updates to core systems (e.g., plumbing, electrical) not covered by cosmetic improvements.
Limited Bathroom Count: With 3 bedrooms and only 1 bathroom, the property's functional layout may be a significant drawback for multi-family occupancy or larger households, potentially impacting its appeal and rental value in a competitive market.
Unspecified Remodel Scope: While described as 'recently remodeled,' the specific details and extent of these updates (e.g., roof, foundation, major systems) are not provided, which could lead to uncertainty for potential buyers regarding the property's overall condition and future investment needs.
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