$10,000

closing credit¹

1572 Ricardo St Los Angeles, CA 90033

$959,000
7 beds
6 baths
2,218 sqft
0.2 acres
$432 / sqft
House

Property details

About 1572 Ricardo St

Unlock the potential of this well-situated triplex in East Los Angeles, set on a generous 7,456 sq ft lot zoned RD1.5. This income-generating property features three separate, tenant-occupied units, each with its own utility meters for gas, water, and power, paid by tenants. The front unit offers 3 bedrooms, 2 baths, and central AC. The middle unit is a comfortable 2 bedroom, 2 bath setup, and versatile third room that can be used as an additional bedroom or office space. While the rear unit includes 2 bedroom and 2 bath. Located conveniently close to Cal State Los Angeles and USC Hospital. This property also holds potential for further development. Buyers are encouraged to verify zoning details and explore opportunities for building additional units. Don't miss out on this excellent investment opportunity in a thriving area with strong rental demand!

Highlights

Home typeOther
HeatingWall Furnace
StatusActive
Size2,218 sqft
Lot size0.1721 Acres
Year built1922
ParkingDriveway
MLS #24427985

Summary

  • MLS Number: 24427985
  • MLS Name: CRMLS
  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Aleen Der Artinian

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: 1/20/2025, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$959,000

1572 Ricardo St

$10,000

closing credit¹

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Seller rebate

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Price information

Property sales

DateEventPrice
May 19, 2005
Home Sold
$430,000
Oct 01, 2003
Home Sold
$336,000
Apr 23, 2003
Home Sold
$248,000

Tax history

YearAssessmentProperty Tax
2021$383,380$4,973
2020$379,450$4,832
2019$372,011$4,699
2018$364,718$4,599
2017$357,567$4,599

History based on county public records data.

Nearby schools

3

Murchison Street Elementary School

Public District PK-6

0.1 mi

1501 Murchison St

7

Multnomah Street Elementary School

Public District KG-5

0.5 mi

2101 N Indiana Ave

5

Evergreen Elementary School

Public District KG-6

0.6 mi

2730 Ganahl St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,324. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

42%
<35k
52%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

25%
Single, No Kids
24%
Single, with Kids
15%
Married, No Kids
36%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
33%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1572 Ricardo St

This home is located at 1572 Ricardo St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. This 2,218 square foot home, which was built in 1922, sits on a 0.17 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $959,000.

Over 524 listings were sold over their listed price in December 2024 in Los Angeles, CA. In the same period over 740 listings were sold below the listed price and 203 listings were sold for the listed price. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. In December 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,026,634.

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

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