$1,699,000
0.11 Acre Lot

1038 E 53rd Street, Los Angeles, California 90011

  • Residential Income Property Type
  • 2025 Year Built
Property Description

RARE opportunity to own a brand new 5 unit apartment building! These contemporary buildings offer the perfect combination of timeless craftsmanship and modern living boasting curb appeal and a highly desirable layout. 2 buildings composed of 5 units, 4 units are 1 bedroom and 1 bathroom while 1 unit is 3 bedrooms and 1 bathroom making this the perfect opportunity to live in one and rent the others or rent all 5 units to maximize your passive income.

These units offer open floor plans, mini-splits, solar panels, custom 2-toned cabinetry, window treatments, modern baseboards and door trimmings, warm-toned flooring and paint in the living areas, sleek tiling in the kitchens and restrooms, and recessed lighting throughout to create the perfect interior ambiance. The exterior has new hardscaping with pavers, garden with rain gutters that runoff to it, fencing, and big modern house numbers maintaining the contemporary vibe these units offer.

Centrally located in the heart of beloved Downtown LA near many beloved attractions from the Crypto.com arena to the fashion district and nestled between the 10, 110, 710 AND 105 freeways!

Basic Details
Residential Income
For Sale
DW25162557
$1,699,000
2025
0.11 Acre
Active
1
Apartment
Features
: None
: Inside
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90011
53rd
1038
Street
main cross streets are C. Central Ave and E. 53rd St
C42 - Downtown L.A.
E
LAR2
Additional Information
$0
$0
$0
$0
$0
3357
: Sidewalks, Curbs
1
: One
: Back Yard, Front Yard, Paved
5
2025-07-22
1
2
: Public
Broker/Agent Information
Keller Williams SELA
Kevin Messiha
Listing Information
DWMESKEV
YKWI
Cash,Conventional,Contract,1031 Exchange,FHA,Submit,VA Loan
Active
2025-07-22T17:42:13Z
CRMLS
: Standard
2025-07-22T10:12:44Z
Agent info
Ray Millman
Mortgage Calculator
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069