1038 E 53rd St, Los Angeles, CA 90011 - View 1
1038 E 53rd St, Los Angeles, CA 90011 - View 2
1038 E 53rd St, Los Angeles, CA 90011 - View 3
1038 E 53rd St, Los Angeles, CA 90011 - View 4
1038 E 53rd St, Los Angeles, CA 90011 - View 5
1038 E 53rd St, Los Angeles, CA 90011 - View 6
1038 E 53rd St, Los Angeles, CA 90011 - View 7
1038 E 53rd St, Los Angeles, CA 90011 - View 8
1038 E 53rd St, Los Angeles, CA 90011 - View 9
1038 E 53rd St, Los Angeles, CA 90011 - View 10
1038 E 53rd St, Los Angeles, CA 90011 - View 11
1038 E 53rd St, Los Angeles, CA 90011 - View 12
1038 E 53rd St, Los Angeles, CA 90011 - View 13
1038 E 53rd St, Los Angeles, CA 90011 - View 14
1038 E 53rd St, Los Angeles, CA 90011 - View 15
1038 E 53rd St, Los Angeles, CA 90011 - View 16
1038 E 53rd St, Los Angeles, CA 90011 - View 17

1038 E 53rd St, Los Angeles, CA 90011

List Price: $1,699,000On Market FlagOn market
Jul 22, 2025884 sqft2 beds1 baths
Listed by: Kevin Messiha
License #: 01883819
Phone #: 562-334-1500
Keller Williams SELA
Source:
CRMLS Logo
MLS #: DW25162557

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!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

-$9,930

TurboHome Estimated Value

$518,500

$587 sqft

High Valuation
$544,425
$616/sqft
Normal Valuation
$518,500
$587/sqft
Low Valuation
$492,575
$557/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$587/sqft$518,500

Neighborhood: Southeast Los Angeles

Loading map...

Comparative Value

$479K

$575K

$1.70M

4855 Ascot Ave, Los Angeles, CA 90011

Sale Price: $479,000

Selected Comparable

1371 E 58th St, Los Angeles, CA 90011

Sale Price: $575,000

Selected Comparable

1516 E 50th St, Los Angeles, CA 90011

Sale Price: $575,000

Selected Comparable

1237 E 51st St, Los Angeles, CA 90011

Sale Price: $600,000

Selected Comparable

776 E 54th St, Los Angeles, CA 90011

Sale Price: $645,000

Selected Comparable

1038 E 53rd St, Los Angeles, CA 90011

List Price: $1,699,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1038 E 53rd St, Los Angeles, CA 90011

1038 E 53rd St, Los Angeles, CA 90011

List: $1,699,000

Listed: 7/22/2025

Area:884 sqft
Price/sqft:$1,922
Beds:2
Baths:1
Year Built:
Lot Size:4,645

Comparable Properties

COMPARABLE
Choose comps
1371 E 58th St, Los Angeles, CA 90011

1371 E 58th St, Los Angeles, CA 90011

Sale: $575,000

10/4/20240.47 mi

Area:760 sqft
Price/sqft:$757
Beds:2
Baths:1
Year Built:
Weight:21.2%
776 E 54th St, Los Angeles, CA 90011

776 E 54th St, Los Angeles, CA 90011

Sale: $645,000

4/7/20250.23 mi

Area:782 sqft
Price/sqft:$825
Beds:2
Baths:2
Year Built:
Weight:20.8%
1237 E 51st St, Los Angeles, CA 90011

1237 E 51st St, Los Angeles, CA 90011

Sale: $600,000

1/30/20250.32 mi

Area:912 sqft
Price/sqft:$658
Beds:3
Baths:1
Year Built:
Weight:20.3%
4855 Ascot Ave, Los Angeles, CA 90011

4855 Ascot Ave, Los Angeles, CA 90011

Sale: $479,000

9/10/20240.54 mi

Area:700 sqft
Price/sqft:$684
Beds:2
Baths:1
Year Built:
Weight:19.8%
1516 E 50th St, Los Angeles, CA 90011

1516 E 50th St, Los Angeles, CA 90011

Sale: $575,000

8/14/20240.63 mi

Area:832 sqft
Price/sqft:$691
Beds:1
Baths:1
Year Built:
Weight:17.8%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-buying journey

Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times