Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1413 53rd St Los Angeles, CA 90011-4905
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1413 53rd St Los Angeles, CA 90011-4905

    View on Map
    • Apartment buildings
    • 2,471 SF
    • 0.12 lot acres
    Off-Market
    Last Sale Jul 9, 2020
    $1,210,012
    Property ID
    US09-7232510
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,170,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Los Angeles Mobile Auto Glass / Auto Repair Shop / Vehicle Inspection Center

    Property Details for 1413 53rd St

    Year built
    1927
    Construction
    WOOD
    Lot size
    0.12 lot acres
    Property size
    2,471 SF
    Zone code
    LAR2
    Property type
    Apartment buildings
    APN
    5104-008-033
    APU
    5104008033

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,105,000
      ML approach
      $1,150,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,345,000
      OFFICE BUILDING
      $1,240,000
      MEDICAL BUILDING
      $1,125,000
      NEIGHBORHOOD: SHOPPING CENTER
      $1,045,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.25
    Latitude
    33.9951
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $8,504
    $288,647
    $353,382
    $642,029
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.38 Acres

      1044 Jefferson Blvd

      APARTMENT HOUSE (5+ UNITS) • 0.38 Acres
      1044 Jefferson Blvd, Los Angeles, CA 90011-6273
      View Details
    • Value Estimation by Request
      4,755 SF

      1316 21st St

      APARTMENT HOUSE (5+ UNITS) • 4,755 SF
      1316 21st St, Los Angeles, CA 90011-1229
      View Details
    • Value Estimation by Request
      3,794 SF

      2224 Maple Ave

      APARTMENT HOUSE (5+ UNITS) • 3,794 SF
      2224 Maple Ave, Los Angeles, CA 90011-1043
      View Details
    • Value Estimation by Request
      3,360 SF

      3446 Mckinley Ave

      APARTMENT HOUSE (5+ UNITS) • 3,360 SF
      3446 Mckinley Ave, Los Angeles, CA 90011-2822
      View Details
    • Value Estimation by Request
      2,958 SF

      2233 Trinity St

      APARTMENT HOUSE (5+ UNITS) • 2,958 SF
      2233 Trinity St, Los Angeles, CA 90011-1050
      View Details
    • Value Estimation by Request
      6,200 SF

      4200 Avalon Blvd

      APARTMENT HOUSE (5+ UNITS) • 6,200 SF
      4200 Avalon Blvd, Los Angeles, CA 90011-5658
      View Details

    Similar Nearby for Sale

    • $1,205,000
      2,736 SF

      Multifamily Investment Opportunity in Los Angeles

      Six-unit multifamily property in South Los Angeles with value-add potential.
      4321 Woodlawn Ave, Los Angeles, CA 90011
      View Details
    • New
      $1,195,000
      3,376 SF

      Los Angeles Multifamily Income Opportunity

      Multifamily property near Downtown Los Angeles with income potential.
      1418 E 20Th St, Los Angeles, CA 90011
      View Details
    • $1,190,000
      2,100 SF

      Remodeled Los Angeles Quadruplex with ADU

      Fully remodeled 4-plex with new ADU, great income potential.
      1141 East 50Th St, Los Angeles, CA 90011
      View Details
    • Contact for pricing
      10,296 SF

      New 17-Unit Apartment Building

      Newly constructed 17-unit apartment building in Los Angeles.
      4821 Compton Ave, Los Angeles, CA 90011
      View Details
    • $3,600,000
      16,152 SF

      Downtown LA Multifamily Investment

      26-unit apartment building in Downtown LA/South Park area.
      2108 Maple Ave, Los Angeles, CA 90011
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      DTLA Warehouse and Office Space

      Spacious warehouse and renovated office space in Downtown Los Angeles.
      2250 Maple Ave, Los Angeles, CA 90011
      View Details
    • Contact for pricing

      Industrial Buildings with Fenced Yard

      Two industrial buildings with a fenced yard near Downtown LA.
      1445 Walnut St, Los Angeles, CA 90011
      View Details
    • Contact for pricing

      Industrial Space Available For Sublease

      Industrial space for sublease featuring dock high loading positions.
      1620 E 22Nd St, Los Angeles, CA 90011
      View Details
    • Contact for pricing

      Retail Endcap Unit Available

      Endcap retail unit with street visibility in mixed-use property.
      1011 E Adams Blvd, Los Angeles, CA 90011
      View Details
    • $2 SF/Yr
      6,200 SF

      Industrial Space For Lease

      Multi-tenant building ideal for design and manufacturing operations.
      4606-4620 W Jefferson Blvd, Los Angeles, CA 90011
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1413 53rd St
    Los Angeles, CA 90011-4905
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!