Price improvement on this incredible northeast LA multi-unit with a completely separate house (perfect for owner-occupying) - and the only multi-unit where the house feels completely separate from the units. With the rental income, your mortgage is less than if you rented a 2-bedroom apt. Main house showcases wraparound yards, a screening room, and open floor plan between living room and kitchen. One of the bedrooms serves as an office and leads out through double doors to the beautiful yard, and an additional (and rare) feature is a direct access garage (besides having multiple other parking spaces). This gem shares no walls, is completely private, and has a covered porch for warm Los Angeles nights. Unbeatable location within a few short blocks to shops and restaurants. This compound also has two completely separate units (different structure/duplex) with incredible tenants. Ideal for an owner-occupied buyer who not only wants convenience, but additional income. The two units (both 1+1) have huge private yards and are impeccably maintained, with interior laundry in each, and all utilities paid by the tenants. Mini-splits throughout and multiple upgrades as well, with a new roof installed in 2021. If you have any doubts, compare this rare offering to all the other multi-units on the market. By Appointment Only.
Listed by Aric Cushing/ Ascent
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License #01384415
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Meridian Capital Real Estate
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323-493-1159
Last updated September 06, 2025
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Source: CRMLS #25559257
Listing Facts
TypeMulti-family
NeighborhoodHighland Park
Bedrooms5
Days on Prevu71
Size2,142 sqft
Price per sqft$840
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
09/07/2025
Status changed to Active
$1,799,000
09/05/2025
Status changed to Removed from Feed
$1,799,000
09/05/2025
Status changed to Active
$1,799,000
09/04/2025
Status changed to Removed from Feed
$1,799,000
08/27/2025
Price Decreased
$1,799,000
07/01/2025
Listed by Meridian Capital Real Estate
$1,995,000
Property Details for 231 N. Avenue 53 Street
Exterior
Construction
Number Of Units Total: 3
Stories: 1
Stories Total: 1
Year Built: 1949
Common Walls: No Common Walls
Features
Patio And Porch Features: Enclosed
Measurements
Building Area Total: 2,142
Lot Size Acres: 0.14
Lot Size Area: 6,491
Lot Size Square Feet: 6,491
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $126,000.00
Taxes
Parcel Number: 5468019018
Interior
Features
Appliances: Dishwasher, Dryer, Washer
Flooring: Wood
Measurements
Living Area: 2,142
Living Area Source: Other
Rooms
Bathrooms Total Integer: 3
Bedrooms Total: 5
Parking
Parking
Attached Garage: Yes
Garage Spaces: 1
Garage: Yes
Open Parking Spaces: 4
Parking Total: 4
Utilities
Equipment
Sewer: Other
Water Source: Public
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.