16 days on rocket

Backup Offers

2511 Fairmount St, Los Angeles, CA, 90033

$799,999

Home List Price

$9,500*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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2511 Fairmount St, Los Angeles$799,999

Buyer Closing Credits

$9,500*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage1 space
Year Built1966
MLS #DW24085552
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 2511 Fairmount St

Welcome to 2511 Fairmount St, a fantastic investment opportunity (ZONED R1.5) nestled in the heart of Boyle Heights (Los Angeles, California). This property consists of two units, each featuring three bedrooms, providing ample space and versatility for tenants or homeowners alike. Unit 2511 - offers a spacious layout with three bedrooms perfect for a growing family or group of roommates. The bright and airy living spaces provide plenty of room for relaxation and entertainment, while the well-appointed kitchen is ideal for preparing delicious meals. Unit 2513 - Rear unit mirrors the layout of Unit 1, offering three bedrooms and 1 1/2 bathrooms, providing a comfortable and inviting living environment. Whether you choose to rent out both units for passive income or live in one while renting out the other, this property offers flexibility and potential. Outside, a private yard offers space for outdoor activities, gardening, or simply enjoying the California sunshine. Additionally, ample parking is available, providing convenience for residents and guests alike. Located in a vibrant neighborhood, this property is surrounded by a wealth of amenities, including shopping, dining, parks, and schools. Easy access to major highways and public transportation makes commuting a breeze, offering convenience for residents and potential tenants. Whether you're an investor looking for a lucrative rental property or a homeowner seeking a multi-generational living setup. Don't miss out on this rare opportunity to own a property with two spacious units in one of Los Angeles' most sought-after neighborhoods of Boyle Heights!

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Stories: 1

Listing Office:

  • Office Name: Century 21 Realty Masters
  • Office Phone: (323) 304-5760
  • Listing Agent: Anabella Jimenez

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

School Info

Assigned Schools Information:

  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • East Los Angeles Renaissance Academy at Esteban E. Torres High School, Public District Grades 9-12
  • East Los Angeles Performing Arts Academy at Esteban E. Torres High School, Public District Grades 9-12
  • Belvedere Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Evergreen Avenue Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: 60 FWY WEST EXIT LORENA ST

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,999

Tax Information:

  • Annual Amount: $6,022
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

2511 Fairmount St vs Los Angeles

16 DAYS ON ROCKET

-18 Days

$799,999

-$186.4K Less

KEY TAKEAWAY

This property is $186.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW24085552

Listing Office:

  • Office Name: Century 21 Realty Masters
  • Office Phone: (323) 304-5760
  • Listing Agent: Anabella Jimenez

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, 3:20:35 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, 2016Home Sold
$435,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,022$475,734
2020$5,848$470,857
2019$5,690$461,625
2018$5,567$452,574
2017$5,567$443,700

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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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-3629123
5
/10

  • Evergreen Avenue Elementary School

  • 2730 Ganahl St

  • 0.27 miles

  • Public District Grades KG-6

school-card-donut-3629124
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.53 miles

  • Public Magnet Grades KG-6

school-card-donut-3629125
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 23.84 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3629126
5
/10

  • Belvedere Middle School

  • 312 N Record Ave

  • 1.48 miles

  • Public Magnet Grades 6-8

school-card-donut-3629127
4
/10

  • Studio

  • 2211 W Avenue 30

  • 4.18 miles

  • Public District Grades 6-8

High School

school-card-donut-3629128
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 1.11 miles

  • Public Magnet Grades 9-12

school-card-donut-3629129
5
/10

  • East Los Angeles Renaissance Academy at Esteban E. Torres High School

  • 4211 Dozier St

  • 1.65 miles

  • Public District Grades 9-12

school-card-donut-3629130
4
/10

  • East Los Angeles Performing Arts Academy at Esteban E. Torres High School

  • 4211 Dozier St

  • 1.65 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,177. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90033›2511 Fairmount St

This home is located at 2511 Fairmount St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. This home, which was built in 1966, sits on a 0.16 acre lot. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $799,999.

While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

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

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