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!
Sold for $390,000 on 04/26/23
$390,000
1038 E 53rd St, Los Angeles, CA 90011
--beds
--baths
3,357sqft
Multi Family
Built in 2025
-- sqft lot
$1,570,900 Zestimate®
$116/sqft
$2,497 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 04, 2025 at 11:47am
Source: CRMLS,MLS#: DW25162557
Originating MLS: California Regional MLS
Facts & features
Interior
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,357
- Total interior livable area: 3,357 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: front door
- Pool features: None
Lot
- Size: 4,645 sqft
- Features: Back Yard, Front Yard, Paved
Details
- Parcel number: 5103023025
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Conventional,Contract,1031 Exchange,FHA,Submit,VA Loan
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Estimated market value
$1,570,900