1268 Velasco St
Los Angeles, CA 90023

2 Bd   1 Ba   1,042 Sqft
New reo listing.! Two bedrooms and one bath home per tax assessors record. 3rd bedroom was a part of a large living room. 2nd bath may not be permitted. Needs work but has great potential for 1st time buyer or investor. Large r2 zoned lot. Buyer to verify zoning and rely on his investigation only. Driveway shared with neighbor of 1264 velasco st. Large covered patio has spanish tile floors. Nice quiet residential street. This home is conveniently located in close proximity to schools, church and freeways. Sold in its present as-is condition. Buyer to conduct his own investigation regarding the condition and zoning and rely on his investigation solely.
  • Neighborhood: Boyle Heights
  • Days on Movoto: 50
  • Year Built: 1916
  • HOA:
  • $/Sqft: $317
  • Lot: 4,961 Sqft
  • Property Type: Single Family
  • MLS#: SR16195091
  • MLS:
  • Listing Office: HomeBased Realty
  • Listing Broker: Erika Isyanov
  • Movoto last checked Southern California for new data 8 minutes ago
  • Southern California last updated this listing 3 weeks ago

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Public Record for 1268 Velasco Street, Los Angeles

Basic Info
Beds : 2
Baths : 1
Building Area : 1,042 Sqft
Single Family Residential
Partial Baths :
Rooms :
Lot Size : 4,969 Sqft
Year Built : 1916
Last Sale Price : $300,000
Last Sale Date : 02/25/2005
House Features

Real Estate Market Statistics of 1268 Velasco Street , Los Angeles

Los Angeles, California

Total Inventory For Sale

3493 Homes

+2% m/m +232% y/y

Median List Price


0% m/m +73% y/y

Median Days On Market

48 Days

-2% m/m -9% y/y

Median House Size

1,850 Sqft

0% m/m +37% y/y

Median Price Per Square Foot

$472 /Sqft

0% m/m +30% y/y

Median Price

As of today, there are 23 properties listed for sale in ZIP code 90023 and 3,493 properties listed for sale in the city of Los Angeles, CA. This property at 1268 Velasco St in 90023 is currently listed for $330,750. This is 59% below the $799,000 median price for Los Angeles and 32% below the 90023 median of $488,000. Of the 3,493 properties for sale in Los Angeles, 2,843 are single family homes and 650 are condos. 1268 Velasco St is a single family home that is approximately 1,042 square feet, 44% below the Los Angeles median of 1,850 and 42% below the 90023 ZIP code median of 1,800. The price per square foot is $317, which is 11% above the median price in 90023 of $286 and 33% below the Los Angeles median of $472 per Sqft.

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Built in 1916, this 2-bedroom, 1-bathroom single family house at 1268 Velasco St is approximately 1,042 square feet and does not come with a parking spot. It is listed on 09/02/2016 for $330,750 with a cost per Sqft of $317. 1268 Velasco St is located in the Boyle Heights neighborhood in the Los Angeles Unified School District. The closest school is Lorena Street Elementary School.

1268 Velasco St has been on the market for 50 days. The median days on the market for properties in this area is 48 with a median list price of $799,000 and median cost per square foot of $472. It's currently listed as pending under the MLS #SR16195091.

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