2
Bedrooms
Sold for $460,000 · Oct 2019
SOLDListed at $469,500
East Los Angeles, CA
MLS# WS19167642
SERVANDO ORNELAS
Listing Agent
Servando Ornelas, Broker
DRE #: 01172647
Brokerage: Servando Ornelas, Broker
2
Bedrooms
1
Bathrooms
828 sqft
Square Feet
1940
Year Built
5,088 sqft
Lot Size
$556
Price/Sq Ft
2
Garage Spaces
N/A
HOA
Single Family Home
Property Type
Incredible bonus is a legal addition to rear of the garage to help with the mortgage payment or to move parents or grand parents into. Its legal use is as a large storage room. It has been converted to an un-permitted well built bonus unit rented for $700 monthly. This is a very clean property in the Unincorporated area of highly desirable East Los Angeles. Property is near Church, bus lines and a direct line on Olympic Bl. to down town Los Angeles. The area is gentrifying. Are your clients tired of commuting long distances? This property is also an incredible investment opportunity. The front unit is rented for $1,500 monthly.
Listing description from the October 2019 sale, as reported to CRMLS.
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2 recorded sales
1261 S La Verne Avenue sold for $460,000 in October 2019, 2.0% under its $469,500 list price, after 15 days on the market. That works out to $556 per square foot on 828 square feet. Across 71 closed sales in 90022 over the last 12 months, the median sold price is $745,000 and the median is $507 per square foot, 8.8% below this sale's $556. 2-bedroom rentals in 90022 currently list at a median of $2,600 a month (4 listings).
| Quarter | Closed sales in 90022 | Median sold price |
|---|---|---|
| Q1 2026 | 6 | $680,500 |
| Q2 2026 | 25 | $758,000 |
| Q3 2026 | 26 | $752,500 |
| Q4 2026 | 14 | $692,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in East Los Angeles · Homes for sale in 90022
Closed sales reported in 90022, nearest first, last 12 months. All recent sales in East Los Angeles →
1261 S La Verne Avenue
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Contact Listing Agent
Servando Ornelas, Broker
DRE #01172647
Contact information is not available for this listing.