4 months on rocket

1278 Clela Ave, Los Angeles, CA, 90022

$1,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1278 Clela Ave, Los Angeles$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDetached Carport
Year Built1954
CoolingNone
MLS #CV24142681
Lot Size0.14 Acres
StatusActive

About 1278 Clela Ave

Fourplex property. County ordinance- FOURPLEX 6176 Sq Ft lot size. Imagine building above the garages.... turn this 4 plex to a six-unit apartment. SOOOOP much potential (check with zoning dept) Conveniently located in a desirable area of East LA, near shopping centers, schools, restaurants and access to freeways are just minutes away! This is a fantastic investment opportunity, each unit featuring 2 bedrooms and one-bath units with community laundry. Framed carport for four cars. This is a very well-maintained property. Highly desired area with pride of ownership and very tidy tenants. Property is Los Angeles County ordinance. All units are alike in floorplan. Please review the pictures and read showing instructions. Thank you for your interest. Let’s open escrow!

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Stories: 2

Listing Office:

  • Office Name: DOLORES VARGAS BUENO, BROKER
  • Office Email: montoya4re@aol.com
  • Listing Agent: Dolores Bueno

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Detached Carport

Lot Features

Lot Information:

  • Lot: Lawn
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: olympic and union. GPS across from school

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000

Tax Information:

  • Annual Amount: $9,177
  • 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

1542

1278 Clela Ave vs Los Angeles

123 DAYS ON ROCKET

+85 Days

$1,200,000

+$176.5K More

KEY TAKEAWAY

This property is $176.5K more 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: #CV24142681

Listing Office:

  • Office Name: DOLORES VARGAS BUENO, BROKER
  • Office Email: montoya4re@aol.com
  • Listing Agent: Dolores Bueno

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: 11/17/2024, 9:21:01 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

May 25, 2004Home Sold
$480,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,177$630,476
2020$8,861$624,012
2019$8,983$611,777
2018$8,803$599,782
2017$8,803$588,022

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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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-441232
4
/10

  • Winter Gardens Elementary

  • 1277 Clela Ave

  • 0.06 miles

  • Public District Grades KG-5

school-card-donut-441233
8
/10

  • Kipp Raices Academy

  • 668 S Atlantic Blvd

  • 0.65 miles

  • Public Charter Grades KG-4

school-card-donut-441234
3
/10

  • Ford Boulevard Elementary School

  • 1112 S Ford Blvd

  • 0.66 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 $44,764. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are 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›90022›1278 Clela Ave

This home is located at 1278 Clela Ave in Los Angeles, CA and zip code 90022 in the The Eastside neighborhood. This home, which was built in 1954, sits on a 0.14 acre lot. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $1,200,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

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

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