new - 6 days on rocket

1010 E 25th St, Los Angeles, CA, 90011

$1

Home List Price

$0*

Closing Credit

22 Bedrooms
31 Baths
16,004 SqFt
House

Location

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1010 E 25th St, Los Angeles$1

Buyer Closing Credits

$0*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built2024
MLS #24456331
Lot Size0.14 Acres
StatusActive

About 1010 E 25th St

$1 is NOT the listing price as TheMLS does not allow Unpriced Listings. Certificate of Occupancy Issued. Now Scheduling Showings! We are proud to exclusively present for sale an Affordable Residential Building newly constructed in Los Angeles! The property will be delivered vacant. This 31 Unit 100% Affordable Brand New Residential Building sits just south of Downtown Los Angeles. The ground-up new construction consists of mostly 1+1s (22 of them) and 9 Studios. The building includes a Building Code Floor Area of 16,004 SF per Zoning Code and 10,952 SF of Rentable Square Footage! The building opens through a secured entrance to a spacious Recreation / Community Room, then opens up to a comfortable Manager's Office and a Manager's Bathroom. The same level leads to the ground-floor apartments with 14 foot ceilings, the Laundry Room, and through the side of the building, access the Long-Term Bicycle Storage that can accommodate 30 bicycles. Take the stairs or the elevator up to the next three floors of housing, and continue to the Rooftop which includes three separate Open Space Areas with unobstructed views of the City, including the skyscrapers in DTLA. All units feature a Mini-Split A/C System, brand new appliances and all electric setups (with only the Central Boiler and Dryers in Laundry room being gas). The mostly Stacked- Design should allow for future ease of maintenance. The property has a Security Camera System for ease of mind. The Building is sub-metered for water. The property is bordered by a new block wall. There is the possibility of converting some common space to one or two ADUs. The property is in an Opportunity Zone! The building includes no car parking, but is located well under a mile to the Metro (A) Blue Line Station, which will take your future tenants to connections with the other Metro Light Rail Lines, Long Beach and direct to Union Station! There is a space in the back of the building, off the alley, that may potentially work for parking one car. This pedestrian friendly neighborhood gets a respectable "Very Walkable" score from Walk Score, along with a Biker's Paradise designation! The property is located near significant Job-Centers, including USC and DTLA. Strong demand from Section 8 Tenants can increase the potential income, and will help to speed up the rent-up period.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 4
  • Living Area: 16,004 SqFt

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Dario Svidler

Interior Features

Interior Information:

  • Appliances: Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 22

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • Santee Education Complex, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Studio, Public District Grades 6-8
  • Twenty-Eighth Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: South of Downtown LA. East of the 110.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1

Tax Information:

  • Annual Amount: $4,863
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

36

# of Sold Homes

1331

1010 E 25th St vs Los Angeles

6 DAYS ON ROCKET

-30 Days

$1

-$1.0M Less

0

KEY TAKEAWAY

This property is $1.0M less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24456331

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Dario Svidler

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/30/2024, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 02, 2019Home Sold
$380,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,863$383,936
2020$2,528$380,000
2019$2,421$192,727
2018$2,368$188,949
2017$2,368$185,245

History based on county public records data.

Payment Calculator

$68

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$67

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-389469
3
/10

  • Twenty-Eighth Street Elementary School

  • 2807 Stanford Ave

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-389470
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.81 miles

  • Public Magnet Grades KG-6

school-card-donut-389471
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 21.21 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-389472
4
/10

  • Studio

  • 2211 W Avenue 30

  • 5.95 miles

  • Public District Grades 6-8

High School

school-card-donut-389473
4
/10

  • Santee Education Complex

  • 1921 Maple Ave

  • 0.77 miles

  • Public District Grades 9-12

school-card-donut-389474
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 2.77 miles

  • Public Magnet Grades 9-12

school-card-donut-389475
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 18.42 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,829. Residents of Los Angeles, CA typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1010 E 25th St

What is the listing price of this property?

The listing price of 1010 E 25th St property is $1.

What type of property is this?

The property 1010 E 25th St is a house located in Los Angeles, California, 90011.

Is this property for sale now?

Active Listing: 1010 E 25th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1010 E 25th St are:
Twenty-Eighth Street Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Santee Education Complex: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,863 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 2, 2019 for $380,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1010 E 25th St has 22 bedrooms and 31 bathrooms.

What is the square footage of this property?

The property 1010 E 25th St is 16,004 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1010 E 25th St is 2024.

Rocket Homes›California›Los Angeles County›Los Angeles›90011›1010 E 25th St

This home is located at 1010 E 25th St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 16,004 square foot home, which was built in 2024, sits on a 0.14 acre lot. Features: 22 bedrooms, 31 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $1.

In September 2024, from all listings sold in Los Angeles, CA there were more than 532 sold above asking price, over 619 sold below and more than 180 were sold right at the asked price. Between August 2024 and September 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.6%. Listings spent 36 days on the market in September 2024, and had a median list price of $1,012,476 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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