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1038 E 53rd St
Los Angeles, CA 90011 Vernon-Main

$1,325,000 USD

Apartments For Sale  •  3,357 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,357 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 2025
  • Zoning LAR2
70 Transit Score
60 Walk Score

Highlights

7.32% Cap Rate on New Build/Turnkey Asset - 2025 Certificate of Occupancy
Rebuilt Front Unit + 4 New Construction Units Exempt from Rent Control
Mini-Split Systems, Individual Water Heaters & Separately Metered Utilities
Solar Panels Installed on Both Buildings Supply Supplemental Power to All Units
In-Unit Laundry, Onsite Laundry & W/D Hookups in Both Duplexes

Public Transportation

Commuter RailDriveWalkDistance
12 min - 4.7 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 5.4 mi
AirportDriveWalkDistance
Los Angeles International 23 min - 14.6 mi
Long Beach (Daugherty Field) 29 min - 19.7 mi
Bob Hope 34 min - 22.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1
Type: Surface
Included in Rent: Yes
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