11 months on rocket

1523 Cortez St, Los Angeles, CA, 90026

$600,000

Home List Price

$7,125*

Closing Credit

3 Bedrooms
2 Full Baths
491 SqFt
$1,222/SqFt
House

Location

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1523 Cortez St, Los Angeles$600,000

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1921
CoolingNone
FireplaceNone
ViewCity Lights
MLS #DW23221604
Lot Size0.11 Acres
StatusActive

About 1523 Cortez St

Single Family home for sale with a lot of potential, on a nice sized lot in prime location minutes from Echo Park Lake. Great investment opportunity for the right buyer, lowest priced single family home on the market in the 90026 zip code. Located up stairs, giving the property an eagle vantage point and views of the DTLA skyline when the trees are trimmed, street parking only.

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Stories: 1
  • Living Area: 491 SqFt

Listing Office:

  • Office Name: Lee & Associates Los Angeles
  • Office Phone: (323) 702-3850
  • Listing Agent: Melanie Guillen

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Glendale Blvd and Cortez Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000
  • Price Per SqFt: $1,222/SqFt

Tax Information:

  • Annual Amount: $1,387
  • 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

1523 Cortez St vs Los Angeles

336 DAYS ON ROCKET

+298 Days

$600,000

-$421.5K Less

$1,222/SqFt

+$582 More

KEY TAKEAWAY

This property is $421.5K less than the Median Sold Price and $582/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW23221604

Listing Office:

  • Office Name: Lee & Associates Los Angeles
  • Office Phone: (323) 702-3850
  • Listing Agent: Melanie Guillen

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: 12/18/2024, 7:20:58 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

Nov 04, 1988Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,387$103,983
2020$1,348$102,918
2019$1,325$100,901
2018$1,264$98,924
2017$1,264$96,985

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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NMLS#3030

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-4444839
4
/10

  • Betty Plasencia Elementary

  • 1321 Cortez St

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-4444840
4
/10

  • Union Avenue Elementary

  • 150 S Burlington Ave

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-4444841
4
/10

  • Rosemont Avenue Elementary

  • 421 Rosemont Ave

  • 0.65 miles

  • Public District Grades 2-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,802. Typical income of Los Angeles, CA residents is less than $35k annually. The majority of families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1523 Cortez St

What is the listing price of this property?

The listing price of 1523 Cortez St property is $600,000.

What type of property is this?

The property 1523 Cortez St is a house located in Los Angeles, California, 90026.

Is this property for sale now?

Active Listing: 1523 Cortez St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,387 (source: MLS/based on county public records data).

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

The last sale was on November 4, 1988 for $60,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1523 Cortez St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1523 Cortez St is 491 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1523 Cortez St is 1921.

Rocket Homes›California›Los Angeles County›Los Angeles›90026›1523 Cortez St

This home is located at 1523 Cortez St in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This 491 square foot home, which was built in 1921, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $600,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

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

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