651 E 53rd, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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651 E 53rd
Los Angeles, California 90011
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,690Sq Ft
6,022Lot Size
Property Price
LIST PRICE$859,000
EST. MARKET VALUE
$792,092
8% AboveMARKET VALUE
SUMMARY
This Duplex Residential Income property is a Strong Value Opportunity, listed at $859,000—positioned well below the $792,092 Fair Market Value by -8%. While the list price exceeds the current estimation, the Vacant Delivery of both units provides immediate flexibility for an Owner-Occupant to house-hack or a Buy-and-Hold Investor to secure market-rate tenants. Featuring a Condition Rating of 3, the property includes a Granite Kitchen and a Private Patio. This asset is ideal for those seeking a versatile, income-generating property in a central Los Angeles location.
Estimated Market Value
$792,092
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 651 E 53rd Subject | $859,000* List Price | 0 | 0 | 1,690 | $469 | - |
A 288 E 43rd Sold | $686,734 | 0 | 0 | 1,740 | $395 | 0.8 mi |
B 401 E 46th Street Sold | $745,000 | 0 | 0 | 1,460 | $510 | 0.6 mi |
C 1426 E 50th Sold | $725,000 | 0 | 0 | 1,850 | $392 | 0.9 mi |
D 5325 Latham Sold | $760,000 | 5 | 3 | 1,800 | $422 | 0.7 mi |
E 1033 E 57th Sold | $770,000 | 4 | 2 | 1,408 | $547 | 0.4 mi |
F 731 E 41st Place Sold | $1,045,000 | 0 | 0 | 2,080 | $502 | 1.0 mi |
G 281 E 48th Street Pending | $710,000 List Price | 0 | 0 | 1,702 | $417 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1901, the property has undergone significant interior updates. The kitchen features granite countertops and stainless steel appliances, and the bathrooms have been modernized with contemporary tiling and vanities. The units appear well-maintained and move-in ready, consistent with a 5-15 year renovation age.
PROSSTRENGTHS & OPPORTUNITIES
- Vacant Delivery
Both units will be delivered vacant, providing immediate flexibility for owner-occupants to move in or for investors to secure market-rate tenants without the complications of existing lease agreements.
- Income Potential
The duplex configuration, featuring a spacious 3-bedroom/2-bathroom unit and an updated 2-bedroom/1-bathroom unit, offers a versatile layout for house-hacking or generating dual rental streams.
- Ample Parking and Security
The property features a gated front yard, a long driveway, and a one-car garage, providing significant off-street parking and security which is a high-value commodity in this Los Angeles submarket.
CONSRISKS & DEFICIENCIES
- Historic Age
Built in 1901, the property may present higher maintenance risks and potential requirements for costly system upgrades to plumbing, electrical, or foundation compared to modern constructions.
- Local School Ratings
The majority of the assigned public schools in the immediate area carry low performance ratings (2/10 to 3/10), which may limit the property's appeal to families prioritizing education.
About 651 E 53rd
Excellent Los Angeles Duplex opportunity situated on a quiet street near shopping, dining, major streets, and freeways. Featuring a spacious 3 bed/2 bath unit and a 2 bed/1 bath unit updated!. Plus a one-car garage, private backyard, patio, gated front yard, and ample parking, long driveway. Both units will be delivered VACANT!, offering excellent flexibility for investors or owner-occupants looking to offset their mortgage with rental income.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1901
- Lot Size
- 6,022 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Forty-Ninth Street Elementary School
Grades K-5 • 0.3 mi
2/10
Aurora Elementary School
Grades K-5 • 0.4 mi
2/10
Main Street Elementary School
Grades K-5 • 0.5 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,690 | 2,187.451 |
| Lot Size | 6,022 | 5,841.385 |
| Price | $859.0K | $841.5K |
| Price per sq ft | $508 | $385 |
| Built year | 1901 | 1928 |
| HOA | $0 | $0 |
| Days on market | 13 | 85 |
Pricing History
Listed for Sale
Aug 27, 2026
$859,000
Initial Listing
Sold
Jul 26, 2022
$750,000
Public Record
Sold
Mar 9, 1995
$165,000
Public Record