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Sold for $805,000
  • Listed by: CENTURY 21 REALTY MASTERS • FABIAN GARCIA • Contact: 323-517-9225
    Bought with: CENTURY 21 REALTY MASTERS
    $805,000

    1255 Velasco St, Los Angeles, CA 90023

    7beds
    2baths
    2,202sqft
    Duplex
    Built in 1926
    -- sqft lot
    $797,000 Zestimate®
    $366/sqft
    $3,240 Estimated rent

    Home value

    $797,000

    $717,000 - $885,000

    $3,240/mo

    Zestimate® history
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    What's special

    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

    Zillow last checked:

    Listing updated:

    Listed by:

    FABIAN GARCIA DRE #01004703 323-997-1552,

    CENTURY 21 REALTY MASTERS

    Bought with:

    FABIAN GARCIA, DRE #01004703

    CENTURY 21 REALTY MASTERS

    Source: CRMLS,MLS#: MB24250156MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 2
    Cooling
    • None
    Appliances
    • Laundry: Inside
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,202
    • Total interior livable area: 2,202 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, Garage
    • Garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 4,102 Square Feet
    • Features: Street Level
    Details
    • Parcel number: 5190020022
    • Zoning: LAR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Unknown
    • Water: Public, Private

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $366/sqft
    • Tax assessed value: $375,987
    • Annual tax amount: $4,846
    • Date on market: 12/17/2024
    • Cumulative days on market: 82 days
    • Listing terms: 1031 Exchange
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    8/6/2025Listing removed$2,850$1/sqft
    Source: CRMLS #CV25149947 Report a problem
    7/28/2025Price change$2,850-10.9%$1/sqft
    Source: CRMLS #CV25149947 Report a problem
    7/4/2025Listed for rent$3,200$1/sqft
    Source: CRMLS #CV25149947 Report a problem
    4/23/2025Sold$805,000+0.6%$366/sqft
    Source: CRMLS #MB24250156 Report a problem
    3/12/2025Pending sale$799,888$363/sqft
    Source: CRMLS #MB24250156 Report a problem
    3/8/2025Listed for sale$799,888$363/sqft
    Source: CRMLS #MB24250156 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,846 +1.4%$375,987 +2%
    2024$4,781 +1.9%$368,615 +2%
    2023$4,693 +4.7%$361,388 +2%
    2022$4,481 +1.4%$354,302 +2%
    2021$4,417 -0.9%$347,355 +1%
    2020$4,457 $343,795 +2%
    2019$4,457 +6.2%$337,055 +2%
    2018$4,198 $330,447 +2%
    2017$4,198 +2.2%$323,969 +2%
    2016$4,107 +2.8%$317,618 +1.5%
    2015$3,994 +0.8%$312,849 +2%
    2014$3,962 $306,722 +4.5%
    2011-- $293,481 +0.8%
    2010-- $291,289 -0.2%
    2009-- $291,982 +2%
    2008-- $286,258 +4%
    2006-- $275,144
    2005-- $275,144 +4%
    2004-- $264,461 +1.9%
    2003-- $259,615 +6.1%
    2000-- $244,644
    Find assessor info on the county website

    Neighborhood: Boyle Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $797,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $797,000