1259 Velasco Street Los Angeles, CA $ 750,000
1259 Velasco Street
$ 750,000
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1259 Velasco Street

Los Angeles, CA, 90023
$ 750,000
Baths1.0 Sq 1,835

Monthly Estimate*

$ 4,618

Listed by CENTURY 21 MASTERS
1259 Velasco Street, Los Angeles, CA 90023 - Image 1
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1259 Velasco Street, Los Angeles, CA 90023 - Image 9
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $750,000 with 1 full bath. This 1,835 square foot home was built in 1924 on a lot size of 0.0926.

2 units! Opportunity to own a residential income property in Los Angeles featuring two attached units on a 4,033 sq ft lot. Built in 1924, the property offers a total of 1,835 sq ft with two units, each configured with 2 bedrooms and 1 bathroom. The layout provides functional living space and flexibility for residential income or multi-family ownership. The property includes a 2-car attached garage plus two uncovered driveway parking spaces, a gated driveway, and a fenced front yard area. Covered front porch and driveway access provide entry to the property. Located near major city destinations including Downtown Los Angeles, the Arts District, and USC Health Sciences Campus, with convenient access to Interstate 5, US-101, and Interstate 10. Nearby commercial corridors along Soto Street offer shops and restaurants. Central Los Angeles location with access to major employment centers, transportation routes, and neighborhood amenities.

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Multi-Family Active

Price

$ 750,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0926

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV26054041

Days on Market

37

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Sewer Connected Water Connected
Appliances Gas Range
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1924
View None
Stories Count 2
Levels Two
Property Subtype Duplex
Gross Income 0
Community Features Curbs Street Lights
County Los Angeles
Net Operating Income 3124
Operating Expense 12249
Insurance Expense 2000
New Construction false
Property Type Residential Income
HOA false
Contingency Sale is contingent on the successful purchase of seller’s new home.
Garage Y/N true
Special Listing Conditions Trust
Status Active
Directions North of Olympic Blvd. / East of Lorena St.
City Los Angeles
Entry Location Street Level
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 2
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 4033
Listing Terms Cash to New Loan Conventional FHA
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 1343
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 96
Property Sub Type Additional Duplex
Taxes 8906
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Interior
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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Exterior
Parking Features Garage Uncovered
Lot Features 0-1 Unit/Acre Paved
Water Source Public
Total Parking 4
Lot Size Area 4033
Number of Buildings 1
Building Area Total 1835
Lot Size Acres 0.0926
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Century 21 Masters

Broker

isait@martyrodriguezteam.com

Email

Affordability Calculator

$4,618
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,618
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2026$750,000 Listed Price

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1259 Velasco Street, Los Angeles, CA, 90023 is a Multi-Family Home for sale at $750,000 with 1,835 sqft and a lot size of 0.0926. 1259 Velasco Street is a studio with 1.0 baths and was built in 1924. The property's zip code is 90023 which is in Los Angeles, CA