657 E 53rd, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This Dual-Unit Residential Income Property is listed at $699,000, offering a stable acquisition price that aligns with its $695,708 Fair Market Value. The property features two move-in ready 2-bedroom homes with a Condition Rating of 3, benefiting from a newer roof, copper plumbing, and double-pane windows. While assigned schools like Aurora Elementary and Los Angeles Academy Middle offer accessible local education, the property’s primary value lies in its dual-rental configuration and private backyards. This versatile asset is an ideal match for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 657 E 53rd Subject | $699,000* List Price | 0 | 0 | 1,610 | $432 | - |
A 318 E 50th Street Sold | $710,000 | 4 | 3 | 1,360 | $522 | 0.4 mi |
B 939 E 55th Street Sold | $695,000 | 3 | 2 | 1,476 | $471 | 0.3 mi |
C 5102 Woodlawn Avenue Sold | $832,000 | 4 | 2 | 2,042 | $407 | 0.5 mi |
D 1008 E 51st Street Sold | $660,000 | 4 | 2 | 1,296 | $509 | 0.4 mi |
E 4450 Towne Avenue Active Under Contract | $610,000 List Price | 3 | 2 | 1,390 | $439 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained despite its 1905 build date. It features significant functional upgrades including a newer roof, copper plumbing, and double-pane windows. The interior is clean with consistent tile flooring throughout, and while the kitchen cabinetry and tile countertops are dated in style, they are in functional condition. The bathrooms show signs of more recent updates, such as modern wall tiling.
The property features two separate 2-bedroom, 1-bathroom homes on a single lot, providing an excellent opportunity for rental income or multi-generational living in a high-demand area.
Significant capital improvements have already been completed, including a newer roof, copper plumbing, and double-pane windows, which reduces immediate maintenance concerns for the new owner.
Both units are move-in ready and exceptionally clean, featuring durable tile flooring throughout and separate large backyards for each unit, enhancing tenant appeal and privacy.
The majority of the assigned public schools in the immediate vicinity have low performance ratings, which may impact the property's appeal to families with school-aged children.
Originally constructed in 1905, the 120-year-old structure may require ongoing vigilance regarding foundation and electrical systems common to homes of this vintage, despite recent cosmetic and plumbing updates.
BEAUTIFUL 2 homes in 1 lot!!! Super clean properties in Los Angeles. Ready to move in!! Newer roof only a couple years old. 2 units 2 bedroom 1 bath each unit. Property has double pain windows, Cooper plumbing, tile floor throughout, its own laundry area, each unit has a separate BIG back yard. MUST SEE!! These properties will not last....Very easy to show!!!!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 3% |
| Baths | 0.0 | 1.5 | 3% |
| Square foot | 1,610 | 1,162.5 | 84% |
| Lot Size | 6,020 | 4,568.5 | 78% |
| Price | $699.0K | $567.5K | 91% |
| Price per sq ft | $434 | $501 | 28% |
| Built year | 1905 | 1909 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 90 | 207 | 9% |
Jan 22, 2026
$699,000
Initial Listing