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$798,500

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 700 W 53rd

General

  • Price: $798,500
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SR26090625
  • Updated: 5/13/2026
  • Days on Market: 34 days
  • Added to Site: 34 day(s) ago

Interior

  • Rooms/Areas: Kitchen
  • Interior Features: Formica Counters
  • Fireplace(s): None
  • Appliances: None

Rooms

Other Rooms

  • Laundry: Washer Hookup

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Exterior Features: TV Antenna

Parking

  • Parking Features: Driveway, Street
  • Parking: Driveway, Street

Location

  • Area: C36 - Metropolitan Southwest
  • County: Los Angeles
  • Development Name: C36 - Metropolitan Southwest
  • Driving Directions: HOOVER NEAR 53RD STREET

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Architectural Style: Spanish
  • Foundation: Raised
  • Roof: Asphalt
  • Windows: Screens
  • Entry Location: FRONT
  • Square Feet: 3,000
  • Year Built: 1914

Unit Information

Unit 1

  • Number of Units: 2
  • Bedrooms: 2

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.1249
  • Lot Size (Sq. Ft.): 5,440
  • Lot Size Source: Owner
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $266.17
  • Price Per Unit: 399250

Disclosures and Reports

  • Inclusions: property will be delivered vacant at COE.

Listed by Federal Financial, Brian Tanenbaum

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Listing agent

— 700 W 53rd —

  • Brian Tanenbaum

    Federal Financial

310-980-2261

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 700 W 53rd

School District:Los Angeles Unified School District
NameGradesDistance
Fifty-Second Street Elementary School
816 West 51st Street, Los Angeles, CA 90037
K-50.2 mi
John Muir Middle School, Los Angeles, CA
5929 South Vermont Avenue, Los Angeles, CA 90044
6-80.7 mi
Augustus F. Hawkins High A Critical Design And Gaming
825 West 60th Street, Los Angeles, CA 90044
9-120.6 mi
Augustus F. Hawkins High B Community Health Advocates
825 West 60th Street, Los Angeles, CA 90044
9-120.6 mi
Augustus F. Hawkins High C Responsible Indigenous Social Entrepreneurship
825 West 60th Street, Los Angeles, CA 90044
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 700 W 53rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/13/2026
Price Reduced
$798,500
-6.06%
MLS
4/27/2026
Listed
$850,000
70%
MLS
6/11/2024
Sold
$500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 700 W 53rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,334
-8%
$500,000
-9%
2023
$6,922
5%
$546,820
2%
2022
$6,611
1%
$536,099
2%
2021
$6,523
-1%
$525,588
1%
2020
$6,587
4%
$520,200
2%
2019
$6,333
13%
$510,000
13%
2018
$5,624
155%
$450,840
172%
2017
$2,208
3%
$165,583
2%
2016
$2,140
1%
$162,337
2%
2015
$2,111
-1%
$159,900
2%
2014
$2,134
—
$156,768
—
2013
$2,128
—
$156,060
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 700 W 53rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Federal Financial, Brian Tanenbaum

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700 W 53rd, Los Angeles, CA 90037 (MLS# SR26090625) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 700 W 53rd is currently listed for $798,500 and was received on April 27, 2026. Want to learn more about 700 W 53rd? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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