Discover the potential of this gem nestled in the sought-after City Terrace neighborhood of East Los Angeles. This spacious 1-bedroom,1-bathroom house presents an exciting opportunity for those looking to make it their own. As you step inside, you'll be greeted by the living room with the views of luscious green hills, creating a cozy and secluded atmosphere. On the way to the kitchen, find yourself in a spacious dining room, perfect for small gatherings. In the kitchen you'll find newer appliances, including dishwasher, stove/range hood, fridge and washer/dryer. The basement level includes 2 bonus rooms and a bathroom with a separate entrance. The spacious front and back patios, surrounded by vibrant greenery are perfect for hosting. The detached garage presents a unique opportunity for storage, an office or an ADU conversion. The house was newly electrically rewired and brought up to current code of California, complete with the replacement of all outlets and switches. The main electrical panel was upgraded to a 200 amp solar ready panel. Water and gas lines were newly re-piped. The house also features the newly updated tankless water heater, water purification system and mini-split heat/AC unit.
Sold for $650,000
Listed by: Keller Williams Realty-Studio City • Inga Mitinyan • Contact: 818-432-1500
Bought with: LA Real
$650,000
1507 Steele Ave, Los Angeles, CA 90063
1beds
726sqft
Single Family Residence
Built in 1948
4,917 Square Feet Lot
$678,800 Zestimate®
$895/sqft
$2,197 Estimated rent
Home value
$678,800
$638,000 - $720,000
$2,197/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Inga Mitinyan DRE #02191132 517-980-4991,
Keller Williams Realty-Studio City,
Mark Bua DRE #01305390 818-380-5206,
Keller Williams Realty-Studio City
Bought with:
Giulia Heiman, DRE #02087858
LA Real
Source: CRMLS,MLS#: SR24089206
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bonus Room, Bedroom, Basement, Exercise Room, Kitchen, Workshop, Dining Room
Bedroom
- Features: Bedroom on Main Level
Kitchen
- Features: Tile Counters
Heating
- ENERGY STAR Qualified Equipment
Cooling
- ENERGY STAR Qualified Equipment, High Efficiency, See Remarks
Appliances
- Included: Dryer, Washer
- Laundry: In Kitchen
Features
- Breakfast Area, Separate/Formal Dining Room, Bedroom on Main Level, Workshop
- Flooring: Wood
- Has basement: Yes
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 726 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
- Fencing: Chain Link,Wrought Iron
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 4,917 Square Feet
- Features: 0-1 Unit/Acre, Yard
Details
- Parcel number: 5225009002
- Zoning: LCR1*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $895/sqft
- Tax assessed value: $663,000
- Annual tax amount: $8,572
- Date on market: 5/3/2024
- Cumulative days on market: 141 days
- Listing terms: Cash to New Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/14/2024 | Sold | $650,000+0.2%$895/sqft |
Source:  CRMLS #SR24089206 Report a problem | ||
| 6/12/2024 | Pending sale | $649,000$894/sqft |
Source: CRMLS #SR24089206 Report a problem | ||
| 5/14/2024 | Contingent | $649,000$894/sqft |
Source: CRMLS #SR24089206 Report a problem | ||
| 5/3/2024 | Listed for sale | $649,000-1.7%$894/sqft |
Source: CRMLS #SR24089206 Report a problem | ||
| 10/3/2022 | Sold | $660,000+0.8%$909/sqft |
Source: Public Record Report a problem | ||
| 9/25/2022 | Pending sale | $655,000$902/sqft |
Source: CRMLS #SB22167404 Report a problem | ||
| 9/2/2022 | Contingent | $655,000$902/sqft |
Source: CRMLS #SB22167404 Report a problem | ||
| 8/11/2022 | Listed for sale | $655,000+234.2%$902/sqft |
Source: CRMLS #SB22167404 Report a problem | ||
| 3/31/2004 | Sold | $196,000$270/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,572 -1.3% | $663,000 -1.5% |
| 2024 | $8,684 +1.8% | $673,200 +2% |
| 2023 | $8,531 +26.2% | $660,000 +151.4% |
| 2022 | $6,759 +84.9% | $262,582 +2% |
| 2021 | $3,656 -0.7% | $257,435 +1% |
| 2020 | $3,680 | $254,796 +2% |
| 2019 | $3,680 +5.2% | $249,801 +2% |
| 2018 | $3,499 | $244,903 +2% |
| 2017 | $3,499 +2% | $240,102 +2% |
| 2016 | $3,430 +2.3% | $235,395 +1.5% |
| 2015 | $3,354 +1.5% | $231,860 +2% |
| 2014 | $3,304 | $227,319 +44.1% |
| 2012 | -- | $157,800 |
| 2011 | -- | $157,800 |
| 2010 | -- | $157,800 -27.1% |
| 2009 | -- | $216,396 +2% |
| 2008 | -- | $212,154 +2% |
| 2007 | -- | $207,995 +2% |
| 2006 | -- | $203,918 |
| 2005 | -- | $203,918 +590% |
| 2004 | -- | $29,555 +1.9% |
| 2003 | -- | $29,015 +2% |
| 2002 | -- | $28,447 +4% |
| 2000 | -- | $27,344 |
Find assessor info on the county website
Neighborhood: 90063
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Nearby schools
GreatSchools rating
- 8/10City Terrace Elementary SchoolGrades: K-5Distance: 0.2 mi
- 7/10El Sereno Middle SchoolGrades: 6-8Distance: 1.5 mi
- 6/10Woodrow Wilson Senior High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$678,800
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Estimated market value
$678,800
- California
- Los Angeles County
- East Los Angeles
- 90063
- 1507 Steele Ave
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