1462 53rd

Los Angeles, CA, 90062

For Sale $1,250,000

10beds
4,992sqft
0.26acre

Shen Schulz (310) 980-8809shen@shenrealty.com

We are pleased to present the opportunity to acquire an 8-unit multifamily property located in the Vermont Square neighborhood of South Los Angeles. Built in 1922, the property features a classic courtyard layout with gated access and a desirable unit mix of (6) 1Bed/1Bath and (2) 2Bed/1Bath units. One 1-bedroom unit may become vacant in the near future, providing an opportunity for a new owner to capture additional rental income. The property includes eight (8) individual one-car garages with alley access and is individually metered for gas and electricity, minimizing operating expenses for ownership. The building offers 4,992 square feet of rentable space on an oversized 11,372 square foot LAR4-zoned lot, providing strong in-place income with approximately 37% rental upside and long-term redevelopment potential, including the opportunity to add ADUs for additional income. Situated near Normandie Avenue and 54th Street, residents benefit from convenient access to public transportation, retail amenities, and major employment centers. The property is a short drive from USC, Exposition Park, and Downtown Los Angeles, as well as major sports and entertainment venues including SoFi Stadium, The Forum, and the upcoming Intuit Dome. Easy access to the 10 and 110 Freeways further enhances connectivity throughout Greater Los Angeles.

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Listed by:

Sevak Keshishian with Marcus & Millichap

(818) 212-2700

1462 53rd is a Residential Income property located in Los Angeles, California, featuring a 0.261 acre lot, 4,992 sqft, 10 bedrooms, MLS #25612459.

Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2025-11-11 19:28:09