19 days on rocket

640 Orme Ave, Los Angeles, CA, 90023

$550,000

Home List Price

$6,531*

Closing Credit

2 Bedrooms
1 Full Bath
774 SqFt
$711/SqFt
House
Schools Nearby

Location

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640 Orme Ave, Los Angeles$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1924
CoolingNone
FireplaceNone
ViewCity Lights, Neighborhood
MLS #MB24071528
Lot Size0.11 Acres
StatusActive

About 640 Orme Ave

Located in the city of Los Angeles boarding line Boyle Heights and East Los Angeles. With a view of Downtown LA. Just off the 5 freeway and 101 close to 10 freeway and minutes away from 6th St bridge. Close to Middle school and High School. This property features 2 bedrooms, 1 bathroom, dining room, extra room and bathroom. Laundry hook-ups inside. Decent size backyard for those BBQ and summer nights.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 1
  • Living Area: 774 SqFt

Listing Office:

  • Office Name: EXCELLENCE RE REAL ESTATE
  • Office Phone: (323) 216-6465
  • Listing Agent: FRANCISCO ROSAS, JR.

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Neighborhood

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • School of Communications, New Media and Technology at Roosevelt High School, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Hollenbeck Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Euclid Avenue Elementary School, Public Magnet Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Cross street Whittier Blvd and south of 4th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $711/SqFt

Tax Information:

  • Annual Amount: $2,238
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

640 Orme Ave vs Los Angeles

19 DAYS ON ROCKET

-15 Days

$550,000

-$425.9K Less

$711/SqFt

+$83 More

KEY TAKEAWAY

This property is $425.9K less than the Median Sold Price and $83/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #MB24071528

Listing Office:

  • Office Name: EXCELLENCE RE REAL ESTATE
  • Office Phone: (323) 216-6465
  • Listing Agent: FRANCISCO ROSAS, JR.

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 6:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 18, 2001Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,238$177,408
2020$2,171$175,590
2019$2,097$172,148
2018$2,049$168,773
2017$2,049$165,465

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3864669
4
/10
  • Euclid Avenue Elementary School

  • 806 Euclid Ave

  • 0.31 miles

  • Public Magnet Grades KG-5

school-card-donut-3864670
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.49 miles

  • Public Magnet Grades KG-6

school-card-donut-3864671
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 22.60 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3864672
6
/10
  • Hollenbeck Middle School

  • 2510 E 6th St

  • 0.22 miles

  • Public Magnet Grades 6-8

school-card-donut-3864673
4
/10
  • Studio

  • 2211 W Avenue 30

  • 5.08 miles

  • Public District Grades 6-8

High School

school-card-donut-3864674
2
/10
  • School of Communications, New Media and Technology at Roosevelt High School

  • 456 S Mathews St

  • 0.24 miles

  • Public District Grades 9-12

school-card-donut-3864675
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 0.24 miles

  • Public Magnet Grades 9-12

school-card-donut-3864676
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 19.91 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,704. Residents of Los Angeles, CA typically earn less than $35k each year. Most families are married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 640 Orme Ave

What is the listing price of this property?

The listing price of 640 Orme Ave property is $550,000.

What type of property is this?

The property 640 Orme Ave is a house located in Los Angeles, California, 90023.

Is this property for sale now?

Active Listing: 640 Orme Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 640 Orme Ave are:
Euclid Avenue Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Hollenbeck Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
School of Communications, New Media and Technology at Roosevelt High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,238 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 18, 2001 for $130,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 640 Orme Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 640 Orme Ave is 774 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 640 Orme Ave is 1924.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90023640 Orme Ave

This home is located at 640 Orme Ave in Los Angeles, CA and zip code 90023 in the Boyle Heights neighborhood. This 774 square foot home, which was built in 1924, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $550,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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