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231 N. Avenue 53 StreetLos Angeles, CA 90042

For Sale

$1,799,000

Smart Buyer Rebate $17,990

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.

Full MLS Disclaimers

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.