Duplex with Covered
For Sale
Contact for pricing
236-53 W 53rd, Los Angeles, CA 90037
Vacant two-unit duplex on an R2-zoned lot with two 2-bedroom, 1-bath units and a permitted covered patio.
Property Size1,600 SF
Price / SF$406.25
Days on Market10
Property Features for 236-53 W 53rd
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Multifamily
Zoning
R2
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Listing Agency:
Century 21 Allstars
(562) 863-2121
Listed By:
Anita hartog · License #02058019
Source:
Crexi
Added: Jul 21
Changed: Jul 29
Last Checked: Jul 30 at 4:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allstars
Investment Insights
Based on property information with market context.
This duplex offers a flexible owner-user or investment setup with two identical units, each featuring two bedrooms and one bathroom. The property is described as approximately 800 sq. ft. per unit, for about 1,600 sq. ft. total (to be verified by buyer), and it will be delivered completely vacant. That layout supports living in one unit while generating rental income from the other, or leasing both units.
The property sits on an R2-zoned lot. Access is described as convenient to the 110, 10, and 105 Freeways, and it is listed as minutes from USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, the California Science Center, Downtown Los Angeles, Crypto.com Arena, LA Live, SoFi Stadium, Kia Forum, and LAX.
Exterior and site details include a built-in covered patio that is described as permitted, and a new block wall going up on the east side of the property to separate the lots (buyer to verify permitting and any redevelopment considerations with the City).
The property sits on an R2-zoned lot. Access is described as convenient to the 110, 10, and 105 Freeways, and it is listed as minutes from USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, the California Science Center, Downtown Los Angeles, Crypto.com Arena, LA Live, SoFi Stadium, Kia Forum, and LAX.
Exterior and site details include a built-in covered patio that is described as permitted, and a new block wall going up on the east side of the property to separate the lots (buyer to verify permitting and any redevelopment considerations with the City).
Key Highlights
- Two identical units, each with 2 bedrooms and 1 bathroom (to be verified by buyer)
- Approximately 800 sq. ft. per unit; approximately 1,600 sq. ft. total living space
- Delivered completely vacant for owner‑user or investor use
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.2k | $24.48 |
| − Vacancy | −$979 | −$0.61 |
| EGI | $38.2k | $23.87 |
| − OpEx | −$11.5k | −$7.16 |
| NOI | $26.7k | $16.71 |
1,600 SF · lease $24.48/SF/yr · vacancy 2.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$381.9K
$334.2K – $445.5K
NOI $26,732 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$339.4K
$297.0K – $396.0K
NOI $23,760 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$626.9K
$548.6K – $731.4K
NOI $43,886 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,542
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant two-unit duplex on an R2-zoned lot with two 2-bedroom, 1-bath units and a permitted covered patio.
Where is this duplex located?
The property is located at 236-53 W 53rd Los Angeles, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two identical units, each with 2 bedrooms and 1 bathroom (to be verified by buyer); Approximately 800 sq. ft. per unit; approximately 1,600 sq. ft. total living space; Delivered completely vacant for owner‑user or investor use
