Property Detail
Description
Exceptional investment opportunity in Los Angeles featuring a four-unit property (fourplex) situated mid-block on 53rd Street, surrounded by ongoing neighborhood growth and development. This property presents a rare opportunity for investors and developers seeking a value-add or redevelopment project. Ideal for those looking to renovate and reposition, the property requires permitting and alignment with the City of Los Angeles. Once improved, the asset offers significant upside potential, with projected market rents estimated in the $9,800 to $10,000 range per month. The approximately 3,000 square foot building consists of four units and is being offered as a major fixer. Property is subject to a City of Los Angeles Substandard Order – Supplemental, and is to be sold as-is. Buyer to verify all information, including square footage, permits, condition, and potential uses with the City. The property will be delivered vacant at the close of escrow, providing flexibility for renovation or redevelopment. Cash or hard money financing is required. A compelling opportunity for investors seeking a project with substantial upside in a rapidly evolving area.
Map Location
Listing provided courtesy of Brian Tanenbaum of Federal Financial. Last updated 2026-05-08 08:11:24.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
Interested in Pacific Beach property, specifically? Check out PacificBeach.RealEstate
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