




700 W 53rd St, Los Angeles, CA, 90037
About This Home
A BIG PRICE REDUCTION!!!!!! URGENT SALE!!!!! CALLING ALL DEVELOPERS, INVESTORS, AND ANYONE with a big imagination. This property is an EXCEPTIONAL INVESTMENT PROPERTY in the city of LoOS ANGELES!!! featuring A FOUR-UNIT PROPERTY (FOURPLEX) situated mid-block on 53rd Street, surrounded by ONGOING GROWTH AND DEVELOPMENT! Ideally for those LOOKING TO RENOVATE OR REPOSITION, the property requires permitting and alignment with the City of Los Angeles. Once improved, the asset offers significant upside potential, with PROJECTED MARKET RENTS estimated TO BE in the $9,800 to $10,000 range per month. PROPERTY IS approximately 3,000 square foot building consisting of FOUR UNITS and is being offered as a major fixer. Property is subject to a City of Los Angeles Substandard Order – Supplemental and is to be sold as-is. Buyer to verify all information, including square footage, permits, condition, and potential uses with the City. ONLY CASH OR HARD MONEY offers. A COMPELLING OPPORTUNITY for INVESTORS SEEKING a PROJECT with substantial upside in a rapidly evolving area.
Getting Around
Schools
Construction
Condition
- Property condition: Fixer
- Year built: 1914
Materials
- Foundation: Raised
- Roof: Asphalt
- Construction materials: Frame,Stucco
Type & Style
- Home type: MultiFamily
- Architectural style: Spanish
- Property subType: Quadruplex
Interior
Appliances
- Laundry features: Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 4
Features
- Laminate Counters
- Window features: Screens
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Central
- Cooling features: None
Interior Area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Accessibility
- Accessibility features: Parking
Details
- Parcel number: 5001026031
- Attached to another structure: Yes
- Special condition: Standard
Features
- Entry location: FRONT
- Pool features: None
- Exterior features: TV Antenna
- Spa features: None
- Fencing: Block,Chain Link,Wire
- Has view: Yes
- View description: None
Lot
- Lot size: 5,440 sqft
- Features: 0-1 Unit/Acre
Parking
- Parking features: Driveway,On Street
