1462 W 53rd Street, Los Angeles, CA 90062

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1462 W 53rd Street,Los Angeles, CA 90062
$1,150,000
  • 10 Beds
  • 8 Baths
  • 4,992 sq. ft.
  • Multi-family
  • Active
Listed by: shara parseghian
Office: marcus & millichap818-212-2700
MLS#:25612459
Source:CRMLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$230.37

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...

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Home facts

  • Year built:1922
  • Listing ID #:25612459
  • Added:159 day(s) ago
  • Updated:April 12, 2026 at 10:47 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:8
  • Living area:4,992 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1922
  • Building area:4,992 sq. ft.
  • Lot area:0.26 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$230.37

Parking

  • Garage:Yes
  • Garage spaces:4
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