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1255 Velasco St, Los Angeles, CA, 90023

$825,000

Home List Price

$9,797*

Closing Credit

0 Baths
Multi

Location

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1255 Velasco St, Los Angeles$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Garage
Garage3 spaces
Year Built1926
CoolingNone
FireplaceNone
MLS #MB24250156
Lot Size0.09 Acres
StatusActive

About 1255 Velasco St

Boyle Heights Rental Units! This property is a good fit for an owner user, occupy the front two story 4 bedroom home with a Modern Updated Kitchen, two car garage attached, take advantage of the rear two bedroom home supplemental income or looking to complete a 1031 Upleg Exchange. Close to Downtown, 5, 10, 60, 710 & 101 Fwys

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Stories: 1

Listing Office:

  • Office Name: CENTURY 21 REALTY MASTERS
  • Office Phone: (323) 997-1552
  • Listing Agent: FABIAN GARCIA

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: N/ Olympic Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000

Tax Information:

  • Annual Amount: $4,417
  • 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

38

# of Sold Homes

1346

1255 Velasco St vs Los Angeles

1 DAY ON ROCKET

-37 Days

$825,000

-$196.5K Less

KEY TAKEAWAY

This property is $196.5K 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: #MB24250156

Listing Office:

  • Office Name: CENTURY 21 REALTY MASTERS
  • Office Phone: (323) 997-1552
  • Listing Agent: FABIAN GARCIA

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: 12/19/2024, 9:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 11, 1990Home Sold
$110,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,417$347,355
2020$4,289$343,795
2019$4,197$337,055
2018$4,107$330,447
2017$4,107$323,969

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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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.

Nearby Schools

school-card-donut-223309
5
/10

  • Christopher Dena Elementary

  • 1314 S Dacotah St

  • 0.38 miles

  • Public District Grades KG-6

school-card-donut-223310
4
/10

  • Extera Public School No. 2

  • 1015 S Lorena St

  • 0.44 miles

  • Public Charter Grades KG-5

school-card-donut-223311
4
/10

  • Lorena Street Elementary School

  • 1015 S Lorena St

  • 0.44 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,748. Most Los Angeles, CA residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90023›1255 Velasco St

This home is located at 1255 Velasco St in Los Angeles, CA and zip code 90023 in the Boyle Heights neighborhood. This home, which was built in 1926, sits on a 0.09 acre lot. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $825,000.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

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

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