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1507 Steele Ave, Los Angeles, CA, 90063

$649,000

Home List Price

$7,707*

Closing Credit

1 Bedroom
1 Full Bath
726 SqFt
$894/SqFt
House
Schools Nearby

Location

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1507 Steele Ave, Los Angeles$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage
Garage1 space
Year Built1948
HeatingENERGY STAR Qualified Equipment
CoolingENERGY STAR Qualified Equipment, Other
BasementYes
FireplaceNone
ViewTrees/Woods
MLS #SR24089206
Lot Size0.11 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1507 Steele Ave

Discover the potential of this gem nestled in the sought-after City Terrace neighborhood of East Los Angeles. This spacious 1-bedroom,1-bathroom house presents an exciting opportunity for those looking to make it their own. As you step inside, you'll be greeted by the living room with the views of luscious green hills, creating a cozy and secluded atmosphere. On the way to the kitchen, find yourself in a spacious dining room, perfect for small gatherings. In the kitchen you'll find newer appliances, including dishwasher, stove/range hood, fridge and washer/dryer. The basement level includes 2 bonus rooms and a bathroom with a separate entrance. The spacious front and back patios, surrounded by vibrant greenery are perfect for hosting. The detached garage presents a unique opportunity for storage, an office or an ADU conversion. The house was newly electrically rewired and brought up to current code of California, complete with the replacement of all outlets and switches. The main electrical panel was upgraded to a 200 amp solar ready panel. Water and gas lines were newly re-piped. The house also features the newly updated tankless water heater, water purification system and mini-split heat/AC unit.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 1
  • Living Area: 726 SqFt

Listing Office:

  • Office Name: Keller Williams Realty-Studio City
  • Office Phone: (818) 432-1500
  • Listing Agent: Inga Mitinyan

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Bedroom on Main Level, Workshop
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Trees/Woods

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: ENERGY STAR Qualified Equipment
  • Cooling: ENERGY STAR Qualified Equipment, Other

School Info

Assigned Schools Information:

  • Woodrow Wilson Senior High School, Public Magnet Grades 9-12
  • Abraham Lincoln Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • El Sereno Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • City Terrace Elementary School, Public District 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: Steele Avenue & Rollins Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $894/SqFt

Tax Information:

  • Annual Amount: $3,656
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1507 Steele Ave vs Los Angeles

15 DAYS ON ROCKET

-19 Days

$649,000

-$337.4K Less

$894/SqFt

+$262 More

KEY TAKEAWAY

This property is $337.4K less than the Median Sold Price and $262/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: #SR24089206

Listing Office:

  • Office Name: Keller Williams Realty-Studio City
  • Office Phone: (818) 432-1500
  • Listing Agent: Inga Mitinyan

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: 5/19/2024, 2:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 31, 2004Home Sold
$196,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,656$257,435
2020$3,547$254,796
2019$3,498$249,801
2018$3,430$244,903
2017$3,430$240,102

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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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-3607053
7
/10
  • City Terrace Elementary School

  • 4350 City Terrace Dr

  • 0.15 miles

  • Public District Grades KG-5

school-card-donut-3607054
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 10.22 miles

  • Public Magnet Grades KG-6

school-card-donut-3607055
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 24.79 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3607056
5
/10
  • El Sereno Middle School

  • 2839 N Eastern Ave

  • 1.56 miles

  • Public Magnet Grades 6-8

school-card-donut-3607057
4
/10
  • Studio

  • 2211 W Avenue 30

  • 4.98 miles

  • Public District Grades 6-8

High School

school-card-donut-3607058
5
/10
  • Woodrow Wilson Senior High School

  • 4500 Multnomah St

  • 1.23 miles

  • Public Magnet Grades 9-12

school-card-donut-3607059
6
/10
  • Abraham Lincoln Senior High School

  • 3501 N Broadway

  • 2.27 miles

  • Public Magnet Grades 9-12

school-card-donut-3607060
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 2.84 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,911. Typical income of Los Angeles, CA residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1507 Steele Ave

What is the listing price of this property?

The listing price of 1507 Steele Ave property is $649,000.

What type of property is this?

The property 1507 Steele Ave is a house located in Los Angeles, California, 90063.

Is this property for sale now?

Accepting Backup Offers: 1507 Steele Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1507 Steele Ave are:
City Terrace Elementary School: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
El Sereno Middle School: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
Woodrow Wilson Senior High School: GreatSchools Rating 5/10
Abraham Lincoln Senior High School: GreatSchools Rating 6/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,656 (source: MLS/based on county public records data).

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

The last sale was on March 31, 2004 for $196,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1507 Steele Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1507 Steele Ave is 726 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1507 Steele Ave is 1948.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900631507 Steele Ave

This home is located at 1507 Steele Ave in Los Angeles, CA and zip code 90063 in the The Eastside neighborhood. This 726 square foot home, which was built in 1948, sits on a 0.11 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $649,000.

In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.

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

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