Renovated
New
For Sale
$1,175,000
1308 W 53rd St, Los Angeles, CA 90037
Residential Income, Los Angeles, CA
Property Size2,407 SF
Lot Size0.12 Acres
Price / SF$488.16
Days on Market1
Property Features for 1308 W 53rd St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LAR2
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 3
Parking
2
Parking features
Driveway
Directions
East of Normandie, South of Slauson
Subdivision
Los Angeles Southwest
Standard status
Active
APN
5002-005-022
Size
2,407 SF
Lot size
0.12 Acres
Utilities
Heating system
Natural Gas
Cooling system
Ceiling Fan(s)
Amenities
garage
laundry facilities
two-car driveway
ample street parking
Building Details
Year built
1947
Floors in Building
2
Number of units
2
Listing Agency:
Carolwood Estates
(310) 623-3600
Listed By:
Alphonso Lascano · License #01723550
(818) 800-8848
Added: Oct 16
Last Checked: Oct 16 at 8:06PM
MLS# 26102597
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,407-square-foot duplex contains two residences totaling six bedrooms and five bathrooms. The single-story front unit has three bedrooms and three bathrooms and received a substantial renovation in 2026, including a new roof, windows, doors, kitchen, bathroom fixtures, flooring, and a stacked laundry tower. The two-story rear unit has three bedrooms and two bathrooms and was remodeled in 2015.
A garage is currently arranged as tenant recreation space, with laundry facilities inside. The property also has a two-car driveway and natural gas heating. Built in 1947, the duplex sits on a 0.1191-acre lot in Los Angeles and is zoned LAR2.
A garage is currently arranged as tenant recreation space, with laundry facilities inside. The property also has a two-car driveway and natural gas heating. Built in 1947, the duplex sits on a 0.1191-acre lot in Los Angeles and is zoned LAR2.
Key Highlights
- Two residences with a combined six bedrooms and five bathrooms
- 2,407 square feet on a 0.1191‑acre lot
- Front unit: three bedrooms and three bathrooms; renovated in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,215
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$804,300
$804.3K
Cap Rate 7%
$574,500
$574.5K
Cap Rate 9%
$446,833
$446.8K
Market Conditions
NOI Build-Up for 2,407 SF
Gross rent
$58.9K $24.48/SF
− Vacancy
−$1.5K −$0.61/SF
EGI
$57.5K $23.87/SF
− OpEx
−$17.2K −$7.16/SF
NOI
$40.2K $16.71/SF
Area
ZIP 90037
Vacancy
2.50%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$804,300
Cap Rate 7%
$574,500
Cap Rate 9%
$446,833
Alternative Uses
Best Use
Multifamily LT 5
$574.5K
$502.7K – $670.3K
NOI $40,215 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$510.6K
$446.8K – $595.7K
NOI $35,744 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$943.2K
$825.3K – $1.10M
NOI $66,021 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,384
Businesses Nearby
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Business Placement
Demographics for 90037, CA
63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences provide a combined six bedrooms and five bathrooms, with separate configurations across one and two stories.
Where is this duplex located?
The property is located at 1308 W 53rd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Two residences with a combined six bedrooms and five bathrooms; 2,407 square feet on a 0.1191‑acre lot; Front unit: three bedrooms and three bathrooms; renovated in 2026
