1038 E. 53rd Street offers a turnkey owner-user and rental-income opportunity in the heart of the Historic Central Avenue district of South Los Angeles. The property features a vacant 3-bed/1-bath home at the front of the lot, fully renovated in 2025; followed by an attached duplex with two renovated one-bedroom… Read More units; and a detached rear duplex completed in the same year. Together, the configuration offers a blend of owner-occupancy potential and stable rental income, with updated systems and modern interior finishes throughout. Ownership renovated the front unit to include wood-vinyl flooring, new shaker-style cabinetry, solid-surface countertops, stainless-steel appliances, updated tilework, recessed lighting, and in-unit laundry hookups. The open layout and bright interior create a practical living environment for an owner-user or strong tenant profile. The home also features new mini-split heating and cooling systems, adding energy-efficient climate control. The (4) 1-bed units located in the attached and detached duplexes were newly constructed in 2025 and offer similar interior features. Each unit includes modern cabinetry, stainless-steel appliances, upgraded bath finishes, and recessed lighting. The location places residents within a historic South LA neighborhood with proximity to Central Avenue's commercial corridors, local schools, neighborhood parks, and transit routes connecting to Downtown, USC, Florence, and surrounding employment hubs. The combination of a move-in-ready front unit, recently built rental units, and a straightforward multi-structure layout provides flexibility for both owner-occupants and investors seeking updated housing inventory with limited near-term maintenance needs. With the front home fully renovated in 2025, and the supporting 1-bdrm. units constructed in 2025, the property effectively lives like new construction. The layout, finishes, and condition create an ideal setup for an owner-user seeking updated housing supported by well-finished rental units in a central South LA location. Read Less
Property listed by Compass, Max Berger 310-230-5478
Listing Snapshot
Days Online
0
Last Updated
Beds
7
Square Ft.
3,357
Lot Size
0.11 Acres
Year Built
2025
MLS Number
25628207
Additional Details
Appliances & Equipment
Disposal
Building
Built in 2025, Living area: 3357.0, 2 buildings, Building faces North, 2 stories, Levels: Two
Heating
WallFurnace
Income
Gross Income: $148,224, Net Operating Income: $101,388
Laundry
Stacked
Lot
0.1066 acres
Parking
1 open parking spaces, 1 total parking spaces, Uncovered
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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