1255 Velasco Street

Los Angeles, CA 90023

$825,000
Price
7
Beds
2
Baths
2,202 Sq. Ft.
$375 / Sq. Ft.
2,202
Sq. Ft.
$375
per Sq. Ft.

Description

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 three bedroom home supplemental income or looking to complete a 1031 Upleg Exchange. Close to Downtown, 5, 10, 60, 710 & 101 FwysBoyle 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 three bedroom home supplemental income or looking to complete a 1031 Upleg Exchange. Close to Downtown, 5, 10, 60, 710 & 101 Fwys
  1. Listed by FABIAN GARCIA • DRE #01004703 • Brokerage DRE #01525011 • CENTURY 21 REALTY MASTERS • 323-997-1552

Property Details for 1255 Velasco Street

Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2202
Assessor Parcel Number
5190-020-022
LISTING UPDATED: 12/19/2024 01:48 AM

Property Details for 1255 Velasco Street

StatusActive
MLS #MB24250156
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.09 AC / 4,102 SF
CountyLos Angeles County

Building Information for 1255 Velasco Street

Stories1Residences-Year Built1926Building Size-Lot Size0.09 AC / 4,102 SF

Property Information for 1255 Velasco Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 4838
  • Tax Census Tract: 2051.20
  • CFD/Mello-Roos Fee: $359
  • Tax Lot: 97
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: One
  • Water: Private, Public
  • Sewer: Unknown
  • Water Source: Private, Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,676
  • Unit Type Total Rent: $1,676
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,397
  • Unit Type Total Rent: $1,397
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1255 Velasco Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1255 Velasco Street

Taxable ValueLand$185,661Additions$182,954Total$368,615
Tax Record2024$4,781 ($398 / month)
Home Facts
Total Finished SqFt2,202 SqFtAbove Grade Finished SqFt2,202 SqFtStories1Lot Size4,102 SqFtStyleDuplexYear Built1926ZoningLAR2CountyLOS ANGELESAPN5190-020-022

Schools near 1255 Velasco Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lorena Street Elementary School
PublicK to 5

Theodore Roosevelt Senior High
Public9 to 12

Felicitas And Gonzalo Mendez High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1255 Velasco Street is a multi-family home for sale in Los Angeles, CA 90023. This property was listed for sale on December 16, 2024 by CENTURY 21 REALTY MASTERS, it's currently listed at $825,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Lorena Street Elementary School, KIPP Los Angeles College Preparatory School and Theodore Roosevelt Senior High. 1255 Velasco Street is a 7-bed, 2-bath, 2,202 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 REALTY MASTERS, FABIAN GARCIA, DRE #01004703

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.