$750,000
1259 Velasco Street, Los Angeles CA 90023
Multi-Family (Duplex)
Property type
85 days
On market
$409
Price per sqft
2 cars
Garage
1924
Year built
4,033 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Isait De La Fuente DRE #01506207 626-914-6637, CENTURY 21 MASTERS
Listing updated: May 14, 2026 at 12:02am.
Last checked: Jun 4, 2026 at 05:30am
Source: CRMLS #CV26054041
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $1,375 | $1,375 | $2,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,375 | $1,375 | $2,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Ranges: 2
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
24.5x
List Price / Annual Gross Rent
Cap Rate
0.42%
NOI / List Price
Gross Scheduled Income: $30,552
Operating Expense: $12,249
Net Operating Income: $3,124
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $2,000
New Taxes: $8,906
Trash: $1,343
Water / Sewer: $0
Interior
Room Type: Kitchen, Living Room
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Gas Range
Fireplace: None
Laundry: Inside
Entry Location: Street Level
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Lot Features: Zero To One Unit Acre, Paved
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Sewer Connected, Water Connected
View: None
Garage and Parking
Parking: Garage, Uncovered
Garage Spaces: 2
Uncovered Spaces: 2
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5190020021
Additional Parcels: No
Tax Lot: 96
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Street Lights
Nearby Schools
Nearby schools around the 1259 Velasco Street, Los Angeles, CA 90023. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$600,000
Total Interest
$765,267
Total Payment
$1,365,267
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$4,724
per month
Property History for 1259 Velasco Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90023.
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