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554 Lotus St, Los Angeles, CA, 90065

$1,199,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,392 SqFt
$861/SqFt
House

Location

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554 Lotus St, Los Angeles$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Single, Driveway, Electric Gate, Garage
Year Built1929
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCanyon, Panoramic
MLS #24448381
Lot Size0.38 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 554 Lotus St

This quintessential Mount Washington treehouse not only has panoramic views and a versatile finished garage space, but includes five contiguous lots totaling over 16,000 sq ft of land, plenty of space for your dream of goats and chickens to roam free or plant a mini farm, all the while protecting your privacy from future development. Nestled on top of a hill, this stunning home presents sweeping views of the city and surrounding hills. Featuring a clean design and eclectic interiors, 554 Lotus is perfect for those seeking a serene retreat just minutes from urban amenities. Two bedrooms, an office and a light filled nook surrounded by windows offer multiple spaces for work and play in the main house, while the finished garage space with HVAC, sliding glass doors and clerestory windows is ideal for a home office or studio. Work from home with the mountains as your backdrop, or unwind after a long day in the city in this private hideaway. The main living area is abundant with natural light, transitioning to the massive outdoor deck that provides the perfect setting for entertaining or relaxing with the scenic backdrop. The gated driveway offers space dedicated off street parking as well, and there is an additional garage at the bottom of this street to street lot. Don't miss this unique opportunity to own a coveted piece of Mount Washington.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1929
  • Stories: 2
  • Living Area: 1,392 SqFt

Listing Office:

  • Office Name: MAISONRE
  • Office Phone: (877) 468-7301
  • Listing Agent: Abigail Dotson

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Canyon, Panoramic

Parking Information:

  • Parking: Door-Single, Driveway, Electric Gate, Garage

Lot Features

Lot Information:

  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $861/SqFt

Tax Information:

  • Annual Amount: $553
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

554 Lotus St vs Los Angeles

41 DAYS ON ROCKET

+3 Days

$1,199,000

+$175.5K More

$861/SqFt

+$220 More

KEY TAKEAWAY

This property is $175.5K more than the Median Sold Price and $220/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: #24448381

Listing Office:

  • Office Name: MAISONRE
  • Office Phone: (877) 468-7301
  • Listing Agent: Abigail Dotson

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: 11/15/2024, 11:21:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$553$32,786
2020$538$32,451
2019$522$31,816
2018$511$31,193
2017$511$30,582

History based on county public records data.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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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-466741
5
/10
  • Loreto Street Elementary

  • 3408 Arroyo Seco Ave

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-466742
4
/10
  • Aragon Elementary School

  • 1118 Aragon Ave

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-466743
5
/10
  • Hillside Elementary

  • 120 E Avenue 35

  • 0.60 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,500. The majority of Los Angeles, CA residents have income less than $35k annually. The most common type of family is single, no kids. 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 554 Lotus St

What is the listing price of this property?

The listing price of 554 Lotus St property is $1,199,000.

What type of property is this?

The property 554 Lotus St is a house located in Los Angeles, California, 90065.

Is this property for sale now?

Accepting Backup Offers: 554 Lotus St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $553 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 554 Lotus St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 554 Lotus St is 1,392 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 554 Lotus St is 1929.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90065554 Lotus St

This home is located at 554 Lotus St in Los Angeles, CA and zip code 90065 in the Northeast LA neighborhood. This 1,392 square foot home, which was built in 1929, sits on a 0.38 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 05, 2024 and is currently priced at $1,199,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

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

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