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1259 Velasco StreetLos Angeles, CA 90023

For Sale

$750,000

Smart Buyer Rebate $6,250

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.

Listed by Isait De La Fuente

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License #01506207

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CENTURY 21 MASTERS

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8184489910

Last updated March 13, 2026

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Source: CRMLS #CV26054041

Listing Facts

  • TypeMulti-family
  • NeighborhoodBoyle Heights
  • Days on Prevu4

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/12/2026
Listed by CENTURY 21 MASTERS
$750,000

Property Details for 1259 Velasco Street

Association

Amenities

  • Community Features: Curbs, Street Lights

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1924
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: Street Level

Measurements

  • Building Area Total: 1,835
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre, Paved
  • Lot Size Acres: 0.09
  • Lot Size Area: 4,033
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 4,033
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Operating Expense: $12,249.00

Taxes

  • Parcel Number: 5190020021

Interior

Features

  • Appliances: Gas Range

Other

Location

  • Tax Lot: 96

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 2
  • Parking Features: Garage, Uncovered
  • Parking Total: 4

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1259 Velasco Street.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 1259 Velasco Street.

How does 1259 Velasco Street compare to other multi-family homes in Boyle Heights?

This multi-family home is listed 39% below the average price for multi-family homes in Boyle Heights and has been on the market for 91 less days than the typical home in this area.

1259 Velasco Street is a -bedroom multi-family home for sale in Los Angeles CA 90023. On Prevu for 4 days at $750,000. This residence is located in Boyle Heights. The median listing price for multi-family homes in this area is $950,000. Property amenities include parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.