$805,000
SOLD APR 23, 2025

1255 Velasco St Los Angeles, CA 90023

7 Beds
2 Baths
2,202 Sq Ft
4,102 Sq Ft Lot

Recently Sold

$366 Per Sq Ft

1% Above List Price

85 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Level Lot
  • Felicitas and Gonzalo Mendez High Rated A-
  • 3 Car Garage
  • 1-Story Property

About This Home

As of April 2025

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 Fwys

Last Agent to Sell the Property

Fabian Garcia

CENTURY 21 REALTY MASTERS Brokerage Phone: 323-997-1552 License #01004703 Listed on: 12/17/2024

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Fabian Garcia

CENTURY 21 REALTY MASTERS Brokerage Phone: 323-997-1552 License #01004703 Listed on: 12/17/2024

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,781

Year Built

  • Built in 1926

Lot Details

  • 4,102 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 2,202 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Bathrooms

Utilities

  • Private Water Source
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 97
  • Tax Tract Number 4838
  • Assessor Parcel Number 5190020022
  • $359 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,781

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 399944
  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5190020022
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 365.58

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Private, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 4102.00
  • Lot Size Acres: 0.0942

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 4102.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2051.20
  • Tax Lot: 97
  • Tax Tract Number: 4838
  • TaxOtherAnnualAssessmentAmount: 359.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Mar 18, 2025
Sold by
Velasco Street Llc
Bought by
Ankle & Foot Care Center Inc
Seller's Agent
Fabian Garcia
CENTURY 21 REALTY MASTERS
Buyer's Agent
Fabian Garcia
CENTURY 21 REALTY MASTERS
List Price
$799,888
Sold Price
$805,000
Premium/Discount to List
$5,112
0.64%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.16%

Purchase Details

Closed on
Sep 16, 2015
Sold by
Aguilera Gene and Lasher William M
Bought by
Velasco Street Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $805,000 Wfg National Title
Grant Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Rent $3,200 0.0% --
04/23/2025 04/23/25 Sold $805,000 +0.6% $366 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
03/08/2025 03/08/25 For Sale $799,888 -0.6% $363 / Sq Ft
03/05/2025 03/05/25 Off Market $805,000 -- --
12/17/2024 12/17/24 For Sale $825,000 -- $375 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,781 $368,615 $185,661 $182,954
2023 $4,693 $361,388 $182,021 $179,367
2022 $4,481 $354,302 $178,452 $175,850
2021 $4,417 $347,355 $174,953 $172,402
2020 $4,457 $343,795 $173,160 $170,635
2019 $4,289 $337,055 $169,765 $167,290
2018 $4,198 $330,447 $166,437 $164,010
2016 $3,994 $317,618 $159,975 $157,643
2015 $3,938 $312,849 $157,573 $155,276
2014 -- $306,722 $154,487 $152,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB24250156

California Regional Multiple Listing Service (CRMLS)

APN: 5190-020-022