R2-Zoned Duplex with Covered
236 53 W 53rd ST Los Angeles, CA 90037
New
For Sale
$650,000
Two identical 2-bedroom, 1-bath units will be delivered vacant, with a permitted covered patio and R2 zoning.
Property Size1,600 SF
Price / SF$406.25
Days on Market6
Property Features for 236 53 W 53rd ST
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Multi Family
Building Details
Year Built
1913
Listing Agency:
Century 21 Allstars
(323) 313-3420
Listed By:
Anita Hartog · License #02058019
(323) 313-3420
Source:
Exitrealty
Added: Jul 24
Changed: Jul 26
Last Checked: Jul 28 at 4:02AM
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 well-maintained duplex offers two identical residential units, each with 2 bedrooms and 1 bathroom. The units are described as approximately 800 square feet each (to be verified by buyer), for a total of about 1,600 square feet of living space. The property will be delivered completely vacant, supporting either an owner-user live-in setup or a two-unit rental strategy.
The duplex is situated on an R2-zoned lot. Buyer should verify any future expansion or redevelopment options with the City. A new block wall is going up on the east side of the property to separate the lots, and there is a built covered patio described as permitted. The location is centrally positioned with convenient access to the 110, 10, and 105 freeways, and is described 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.
The duplex is situated on an R2-zoned lot. Buyer should verify any future expansion or redevelopment options with the City. A new block wall is going up on the east side of the property to separate the lots, and there is a built covered patio described as permitted. The location is centrally positioned with convenient access to the 110, 10, and 105 freeways, and is described 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.
Key Highlights
- Duplex built in 1913 featuring two identical 2‑bedroom, 1‑bath units
- Approximately 800 sq. ft. per unit for about 1,600 sq. ft. total (buyer to verify)
- Will be delivered completely vacant—owner‑user or investor rental income potential
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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two identical 2-bedroom, 1-bath units will be delivered vacant, with a permitted covered patio and R2 zoning.
Where is this duplex located?
The property is located at 236 53 W 53rd ST 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: Duplex built in 1913 featuring two identical 2‑bedroom, 1‑bath units; Approximately 800 sq. ft. per unit for about 1,600 sq. ft. total (buyer to verify); Will be delivered completely vacant—owner‑user or investor rental income potential
