$6,531

closing credit¹

505 S Lorena St Los Angeles, CA 90063

$550,000
2 beds
2 full
774 sqft
0.09 acres
$711 / sqft
House

Property details

About 505 S Lorena St

Situated near cultural landmarks such as El Pino, Mariachi Plaza, and 5 Puntos Market, the home is surrounded by the rich heritage of Los Angeles. It isclose to local amenities like Hollenbeck Park and various community centers, providing easy access to recreational activities and neighborhood events. Local schools include Lorena Street Elementary, Breed Street Elementary, and Hollenbeck Middle School, all of which are within close proximity. This property is well-positioned for those looking to live in Boyle Heights. This 2-bedroom, 1-bathroom home, built in 1906, is approximately 774 sq. ft. of living space on a 3,750 sq. ft. lot. It features a classic stucco exterior, raised foundation, and a composition shingle roof. This property includes a spacious backyard suitable for gardening or outdoor gatherings and is in a desireable zoning disctrict.

Highlights

Home typeSingle Family Residence
HeatingWall Furnace
StatusActive
Size774 sqft
BasementYes
Lot size0.0861 Acres
Year built1906
ParkingOff Street
MLS #MB24216611
ViewCity Lights

Summary

  • MLS Number: MB24216611
  • MLS Name: CRMLS
  • Office Name: EXCELLENCE RE REAL ESTATE
  • Office Phone: (626) 201-3939
  • Listing Agent: MANUEL AMAYA

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, 1:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow-style home with a patio area and a storage shed

$550,000

505 S Lorena St

$6,531

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 30, 2021
Home Sold
$399,000
Dec 17, 2003
Home Sold
$185,000
Feb 03, 2003
Home Sold
$128,000
Oct 23, 1998
Home Sold
$105,000
Feb 11, 1998
Home Sold
$62,909
Sep 28, 1989
Home Sold
$114,318

Tax history

YearAssessmentProperty Tax
2021$242,986$2,944
2020$240,495$2,855
2019$235,781$2,821
2018$231,158$2,757
2017$226,626$2,757

History based on county public records data.

Nearby schools

6

Kipp Promesa Preparatory

Public Charter KG-4

0.4 mi

207 S Dacotah St

4

Euclid Avenue Elementary School

Public District KG-5

0.5 mi

806 Euclid Ave

4

Extera Public School No. 2

Public Charter KG-5

0.5 mi

1015 S Lorena 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 $57,547. The majority of Los Angeles, CA residents have income between $35k-100k annually. Residents typically live in married, with kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

29%
<35k
35%
35k-100k
35%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

27%
Single, No Kids
27%
Single, with Kids
15%
Married, No Kids
31%
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
32%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

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 505 S Lorena St

This home is located at 505 S Lorena St in Los Angeles, CA and zip code 90063 in the Boyle Heights neighborhood. This 774 square foot home, which was built in 1906, sits on a 0.09 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $550,000.

While more than 524 listings in Los Angeles, CA in December 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 740 were sold below. Between November and December 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 5.3%. In December 2024 median list price was $1,026,634 and the average listing age was 41 days.

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

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