2 units! Opportunity to own a residential & potential 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.
For sale
Listed by: CENTURY 21 MASTERS • Isait De La Fuente • Contact: 626-914-6637
$750,000
1259 Velasco St, Los Angeles, CA 90023
4beds
1,835sqft
Duplex
Built in 1924
4,033 Square Feet Lot
$747,200 Zestimate®
$409/sqft
$-- HOA
What's special
Fenced front yard areaCovered front porchGated drivewayDriveway access
- 130 days |
- 331 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Isait De La Fuente DRE #01506207 8184489910,
CENTURY 21 MASTERS
Source: CRMLS,MLS#: CV26035957
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Kitchen, Living Room
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Inside
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 1,835 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
- Attached garage spaces: 2
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Street Level
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 4,033 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5190020021
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $409/sqft
- Tax assessed value: $134,764
- Annual tax amount: $1,946
- Date on market: 3/12/2026
- Cumulative days on market: 130 days
- Listing terms: Cash,Cash to New Loan,Conventional,FHA
Estimated market value
$747,200
$710,000 - $785,000
$4,470/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Listed for sale | $750,000$409/sqft |
Source:  CRMLS #CV26035957 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,946 +1.7% | $134,764 +2% |
| 2024 | $1,914 +1.7% | $132,123 +2% |
| 2023 | $1,882 +4.4% | $129,533 +2% |
| 2022 | $1,803 +1.7% | $126,994 +2% |
| 2021 | $1,772 -0.7% | $124,504 +1% |
| 2020 | $1,784 | $123,229 +2% |
| 2019 | $1,784 +9.3% | $120,814 +2% |
| 2018 | $1,632 | $118,446 +2% |
| 2017 | $1,632 +2.2% | $116,125 +2% |
| 2016 | $1,597 +3.6% | $113,849 +1.5% |
| 2015 | $1,541 +0.4% | $112,140 +2% |
| 2014 | $1,535 | $109,944 +2.5% |
| 2012 | -- | $107,303 +2% |
| 2011 | -- | $105,200 +0.8% |
| 2010 | -- | $104,415 -0.2% |
| 2009 | -- | $104,664 +2% |
| 2008 | -- | $102,613 +2% |
| 2007 | -- | $100,602 +2% |
| 2006 | -- | $98,630 |
| 2005 | -- | $98,630 +4% |
| 2004 | -- | $94,801 +1.9% |
| 2003 | -- | $93,064 +2% |
| 2002 | -- | $91,240 +4% |
| 2000 | -- | $87,699 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Boyle Heights
Nearby schools
GreatSchools rating
- 4/10Lorena Street Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Robert Louis Stevenson Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Theodore Roosevelt Senior HighGrades: 9-12Distance: 1.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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