1038 E 53rd St, Los Angeles, CA 90011
Turnkey Owner-User Compound With New Construction Rental Units in Historic Central Avenue
1038 E 53rd St offers a turnkey owner-user and rental-income opportunity located in the heart of the Historic Central Avenue district of South Los Angeles. The property is configured as a multi-structure residential compound that combines a fully renovated single-family home with newly constructed duplexes, creating a balanced blend of owner-occupancy potential and stable rental income.
The layout at 1038 E 53rd St includes a vacant three-bedroom, one-bath residence at the front of the lot, followed by an attached duplex with two one-bedroom units, and a detached rear duplex completed in 2025. This configuration provides flexibility for both owner-users and investors while maintaining clear separation between living spaces and income-producing units.
Fully Renovated Front Residence Delivered Vacant
The front home at 1038 E 53rd St was fully renovated in 2025 and is delivered vacant, providing immediate occupancy for an owner-user or the ability to lease at market rents without tenant displacement. The renovation scope included new wood-vinyl flooring, shaker-style cabinetry, solid-surface countertops, stainless-steel appliances, updated tilework, recessed lighting, and in-unit laundry hookups.
The open layout and bright interior create a functional living environment that supports both owner-occupancy and strong tenant appeal. The residence is also equipped with new mini-split heating and cooling systems, offering energy-efficient climate control and modern comfort.
Newly Constructed One-Bedroom Units With Modern Finishes
The four one-bedroom units located in the attached and detached duplexes at 1038 E 53rd St were newly constructed in 2025 and reflect the same level of finish and quality as the front residence. Each unit includes modern cabinetry, stainless-steel appliances, upgraded bathroom finishes, recessed lighting, and contemporary layouts designed for long-term durability and tenant appeal.
With both duplex structures completed in 2025, the rental units provide a stable income base with limited near-term maintenance requirements. For owner-users, these units offer reliable supplemental income. For investors, they provide updated housing inventory in a market where new construction remains limited.
Central South LA Location With Transit and Employment Access
1038 E 53rd St is located within the Historic Central Avenue district, a long-established South Los Angeles neighborhood with proximity to commercial corridors, local schools, neighborhood parks, and public transit routes. The location provides convenient access to Downtown Los Angeles, USC, Florence, and surrounding employment hubs, supporting consistent rental demand.
The Central Avenue corridor continues to serve as a connective spine within South LA, offering accessibility and neighborhood infrastructure that appeal to long-term residents and renters alike.
Turnkey Condition With Owner-User and Investment Flexibility
With the front residence fully renovated in 2025 and the supporting one-bedroom units constructed in the same year, 1038 E 53rd St effectively lives like new construction. The cohesive design, modern systems, and consistent interior finishes across all structures reduce near-term capital expenditure risk and simplify operations.
The combination of a move-in-ready front home, newly built rental units, and a straightforward site layout positions 1038 E 53rd St as an ideal opportunity for an owner-user seeking updated housing supported by rental income, or for an investor targeting stabilized, modern residential inventory in a central South Los Angeles location.
Conclusion: New-Construction Feel With Owner-User Optionality in South Los Angeles
1038 E 53rd St presents a rare opportunity to acquire a turnkey residential compound offering owner-user flexibility and stable rental income within the Historic Central Avenue district. The vacant renovated front home, newly constructed duplex units, modern finishes, and central South LA location position 1038 E 53rd St as a compelling option for buyers seeking updated housing with limited maintenance needs and long-term income potential
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$1,499,000
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