Properties
Los Angeles, CA 90023 1259 Velasco Street
$750,000
11 more
Presented By: Isait De La Fuente with CENTURY 21 MASTERS; 8184489910
Baths • 1
SQFT • 1,835
Garage • 2
Home Details
2 units! Opportunity to own a residential income property in Los Angeles featuring two attached units on a 4,033 sq ft lot. Built in 1924, the property offers a total of 1,835 sq ft with two units, each configured with 2 bedrooms and 1 bathroom. The layout provides functional living space and flexibility for residential income or multi-family ownership. The property includes a 2-car attached garage plus two uncovered driveway parking spaces, a gated driveway, and a fenced front yard area. Covered front porch and driveway access provide entry to the property. Located near major city destinations including Downtown Los Angeles, the Arts District, and USC Health Sciences Campus, with convenient access to Interstate 5, US-101, and Interstate 10. Nearby commercial corridors along Soto Street offer shops and restaurants. Central Los Angeles location with access to major employment centers, transportation routes, and neighborhood amenities.
Presented By: Isait De La Fuente with CENTURY 21 MASTERS; 8184489910
Interior Features for 1259 Velasco Street
Other Interior Features
Air Conditioning Y/NYes
Common Walls1 Common Wall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Total Stories2
Other Rooms
Entry Level1
General for 1259 Velasco Street
Additional Parcels Y/NNo
AppliancesGas Range
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesCurbs, Street Lights
ContingencySale is contingent on the successful purchase of seller’s new home.
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsNorth of Olympic Blvd. / East of Lorena St.
Electric Expense
Entry LocationStreet Level
Fuel Expense
Garage Spaces2
Garage Y/NYes
Gross Income
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense2000
Land Lease Y/NNo
LevelsTwo
Listing TermsCash to New Loan, Conventional, FHA
Lot Size Square Feet4033
Lot Size UnitsSquare Feet
MLS AreaC34 - Los Angeles Southwest
Net Operating Income3124
New ConstructionNo
Number Of Units Total2
Open Parking Spaces2
Operating Expense12249
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories Count2
Tax Lot96
Taxes$8,906
Trash Expense1343
UtilitiesSewer Connected, Water Connected
ViewNone
Water Sewer Expense0
Year Built1924
Year Built SourcePublic Records
Exterior for 1259 Velasco Street
Building Area Total1835
Lot Features0-1 Unit/Acre, Paved
Lot Size Acres0.0926
Lot Size Area4033
Lot Size SourcePublic Records
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Parking FeaturesGarage, Uncovered
Private PoolNo
Total Parking4
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
