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Sold for $560,000
  • Listed by: Re/Max Elite Realty • Julia Zhao • Contact: 626-282-8857
    Bought with: Panorama Realty Services
    $560,000

    1451 Volney Dr, Los Angeles, CA 90063

    4beds
    1,568sqft
    Single Family Residence
    Built in 1947
    5,328 Square Feet Lot
    $713,900 Zestimate®
    $357/sqft
    $3,065 Estimated rent

    Home value

    $713,900

    $678,000 - $750,000

    $3,065/mo

    Zestimate® history
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    What's special

    Perched in the desirable hills of City Terrace neighborhood, this multi-generational fixer-upper presents a rare opportunity to create incredible potential along with stunning hillside and Downtown Los Angeles views. This spacious home features 4 bedrooms and 3 bathrooms. The property blends classic charm with opportunities for customization. The main level features a welcoming living room that flows seamlessly into a formal dining area and an open kitchen. Two bedrooms and two bathrooms are conveniently located on this level, along with an in-hallway laundry closet. A bright and airy family room highlights a charming brick fireplace and opens through sliding doors to a private balcony showcasing stunning Downtown LA views. A spiral staircase leads to the lower level. The lower level features two additional bedrooms with a private entrance; well-suited for extended family, rental income, and possible conversion into a separate unit. This level also has a laundry room and a bathroom with a shower. Central AC & heater upstairs, along with a split AC unit downstairs. The backyard provides a covered patio, usable outdoor space, and a variety of fruit trees; perfect for relaxing or entertaining. Additional highlights include a finished garage with strong ADU conversion potential (buyer to verify), creating an opportunity to significantly increase both property value and rental income. Ideally located on the border of Alhambra and Monterey Park, the property is close to City Terrace Elementary School, Cal State LA, Monterey Park Golf Club, Downtown Los Angeles, and major employment centers. Convenient access to the 10 and 710 freeways. Fantastic opportunity for investors, contractors, or owner-users seeking a versatile project with multiple exit strategies—fix and flip, buy and hold, or multi-unit conversion.

    Zillow last checked:

    Listing updated:

    Listed by:

    Julia Zhao DRE #01411270 626-390-8870,

    Re/Max Elite Realty,

    Haiyan Yang DRE #02142682,

    Wetrust Realty

    Bought with:

    Miguel Soriano, DRE #01457738

    Panorama Realty Services

    Source: CRMLS,MLS#: AR26075892MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Family Room, Kitchen, Living Room, Primary Bedroom, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Separate Shower
    Heating
    • Central
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Gas Oven, Gas Range
    • Laundry: Inside
    Features
    • Separate/Formal Dining Room, Bedroom on Main Level, Main Level Primary
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,568 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Covered
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,328 Square Feet
    • Features: Back Yard
    Details
    • Parcel number: 5225012012
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $357/sqft
    • Tax assessed value: $237,497
    • Annual tax amount: $3,611
    • Date on market: 4/9/2026
    • Cumulative days on market: 22 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    5/19/2026Sold$560,000-19.9%$357/sqft
    Source: CRMLS #AR26075892 Report a problem
    5/12/2026Pending sale$699,000$446/sqft
    Source: CRMLS #AR26075892 Report a problem
    5/8/2026Contingent$699,000$446/sqft
    Source: CRMLS #AR26075892 Report a problem
    4/10/2026Listed for sale$699,000+279.9%$446/sqft
    Source: CRMLS #AR26075892 Report a problem
    5/27/2010Sold$184,000+22.7%$117/sqft
    Source: Public Record Report a problem
    5/5/2010Price change$149,900-21.6%$96/sqft
    Source: foreclosure.com Report a problem
    4/24/2010Listed for sale--
    Source: foreclosure.com Report a problem
    10/13/2009Sold$191,250-49%$122/sqft
    Source: Public Record Report a problem
    9/8/2005Sold$375,000$239/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,611 +4.5%$237,497 +2%
    2024$3,456 +1.7%$232,841 +2%
    2023$3,399 +4.6%$228,276 +2%
    2022$3,251 +1.4%$223,801 +2%
    2021$3,206 -0.6%$219,414 +1%
    2020$3,224 $217,165 +2%
    2019$3,224 +5.9%$212,907 +2%
    2018$3,043 $208,734 +2%
    2017$3,043 +2%$204,642 +2%
    2016$2,982 +2.7%$200,630 +1.5%
    2015$2,903 +1.5%$197,617 +2%
    2014$2,859 $193,747 +2.5%
    2012-- $189,092 +2%
    2011-- $185,385 -38.4%
    2010-- $301,000 -27.4%
    2009-- $414,600 -10.5%
    2008-- $463,000 +21%
    2007-- $382,500 +2%
    2006-- $375,000 +136.4%
    2005-- $158,600 +4%
    2004-- $152,443 +1.9%
    2003-- $149,650 +2%
    2002-- $146,717 +4%
    2000-- $141,021
    Find assessor info on the county website

    Neighborhood: 90063

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $713,900
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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
    $713,900