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$750,000 Coming Soon
Property Description
Upgraded 2 Units. Live in 1 unit and rent out the 2nd Unit. This is a rare opportunity to own your own separate rental on the same lot. Each home has 2 bedrooms and 1 bath. This home is currently being updated and will be available soon! New Paint throughout. New Kitchen Cabinets. New appliances and Fixtures. New Flooring. New Bathroom upgrades! You won't want to miss this gem. This property has a 2-car attached garage and driveway access to uncovered parking spaces for 2 cars in a gated, fenced driveway. Lots of privacy. This updated home is conveniently located near shopping centers, restaurants, hospitals, science centers, parks, bus stops, and downtown LA and the Arts District. The 5 and 101 freeways are nearby for commuting!
Full Property Details
Full Property Details for 1259 Velasco St
General
- Price: $750,000
- Status: Coming Soon
- Type: Duplex
- Source: MRMLS
- MLS ID: PW26184829
- Updated: 8/28/2026
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage
Location
- County: Los Angeles
- Driving Directions: 1259 Velasco Street, Los Angeles
School Information
- School District: Los Angeles Unified
Community
- Community Features: Curbs, Street Lights
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Common Walls: 1 Common Wall
- Entry Location: Street Level
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,835
- Sq. Ft. Source: Assessor
- Year Built: 1924
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.0926
- Lot Size (Sq. Ft.): 4,033
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $408.72
Disclosures and Reports
- Special Conditions: Standard
Listed by America First Real Estate, Kimberly Nguyen
Get Pre-Approved Today
Schools
Schools serving 1259 Velasco St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Lorena Street Elementary School 1015 South Lorena Street, Los Angeles, CA 90023 | K-5 | 0.4 mi |
Robert Louis Stevenson Middle School 725 South Indiana Street, Los Angeles, CA 90023 | 6-8 | 0.8 mi |
Boyle Heights Science, Technology, Engineering and Math Magnet 2550 East 6th Street, Los Angeles, CA 90033 | 9-12 | 1.2 mi |
Theodore Roosevelt Senior High 456 South Mathews Street, Los Angeles, CA 90033 | 9-12 | 1.4 mi |
Felicitas And Gonzalo Mendez High 1200 Plaza Del Sol East, Los Angeles, CA 90033 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1259 Velasco St
Date
Details
Price
Change
Source
8/28/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1259 Velasco St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,946
—
$137,458
2%
2025
$1,946
2%
$134,764
2%
2024
$1,914
2%
$132,123
2%
2023
$1,882
4%
$129,533
2%
2022
$1,803
2%
$126,994
2%
2021
$1,772
-1%
$124,504
1%
2020
$1,784
3%
$123,229
2%
2019
$1,724
6%
$120,814
2%
2018
$1,632
2%
$118,446
2%
2017
$1,597
4%
$116,125
2%
2016
$1,541
1%
$113,849
2%
2015
$1,521
-1%
$112,140
2%
2014
$1,534
—
$109,944
—
2013
$1,535
—
$109,448
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1259 Velasco St
1259 Velasco Street, Los Angeles, CA 90023 (MLS# PW26184829) is a Duplex property with 4 bedrooms and 2 full bathrooms. 1259 Velasco Street is currently listed for $750,000 and was received on August 28, 2026. Want to learn more about 1259 Velasco Street? Do you have questions about finding other Duplex real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.
