1462 W 53rd Street, Los Angeles, CA 90062
Local realty services provided by:ERA Excel Realty
1462 W 53rd Street,Los Angeles, CA 90062
$1,250,000
- 10 Beds
- 8 Baths
- 4,992 sq. ft.
- Multi-family
- Active
Office: marcus & millichap
MLS#:25612459
Source:CRMLS
Price summary
- Price:$1,250,000
- Price per sq. ft.:$250.4
About this home
We are pleased to present the opportunity to acquire an 8-unit multifamily property located in the Vermont Square neighborhood of South Los Angeles. Built in 1922, the property features a classic courtyard layout with gated access and a desirable unit mix of (6) 1Bed/1Bath and (2) 2Bed/1Bath units. One 1-bedroom unit may become vacant in the near future, providing an opportunity for a new owner to capture additional rental income. The property includes eight (8) individual one-car garages with alley access and is individually metered for gas and electricity, minimizing operating expenses for ownership. The building offers 4,992 square feet of rentable space on an oversized 11,372 square foot LAR4-zoned lot, providing strong in-place income with approximately 37% rental upside and long-term redevelopment potential, including the opportunity to add ADUs for additional income. Situated near Normandie Avenue and 54th Street, residents benefit from convenient access to public transportation, retail amenities, and major employment centers. The property is a short drive from USC, Exposition Park, and Downtown Los Angeles, as well as major sports and entertainment venues including SoFi Stadium, The Forum, and the upcoming Intuit Dome. Easy access to the 10 and 110 Freeways further enhances connectivity throughout Greater Los Angeles.
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Home facts
- Year built:1922
- Listing ID #:25612459
- Added:65 day(s) ago
- Updated:December 19, 2025 at 02:27 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:8
- Living area:4,992 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1922
- Building area:4,992 sq. ft.
- Lot area:0.26 Acres
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$250.4
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