$5,937 Closing Credit¹
#DW25030366, Jose Miguel Gomez, Listing Office: Century 21 Allstars
#CV25077925·
Listing office: HomeLife Platinum Realty·
Listing agent: Irene Lopez·
Listing office phone: 626-705-5547
$510,000 List price
505 S Lorena St Los Angeles, CA 90063
$6,056
Closing credit¹
2 beds
2 full
774 sqft
0.09 acres
$659 / sqft
House
Property details
About 505 S Lorena St
Why Rent When You Can Own in the beautiful City of Los Angeles. Step into the world of homeownership with this charming Craftsman-style gem in the heart of Boyle Heights! Offering **2 bedrooms, 1.75 baths**, and a spacious layout, this home is the perfect opportunity for first-time buyers or savvy investors ready to plant roots in one of LA's most vibrant neighborhoods. Inside, you'll find tile flooring throughout, a generous kitchen with ample cabinetry, and a separate dining room ideal for dinners with friends and family. The lower level basement boasts high-ceiling and provides flexible space—use it for storage, a creative studio, or even additional living space. . ***At a price point rarely seen in Los Angeles, this is your chance to stop renting and start building equity! Don’t miss this incredible opportunity—schedule your showing today! Please note, parking is available on the street—ideal for those who enjoy a simpler lifestyle or use public transit.
Highlights
Home typeSingle Family Residence
HeatingWall Furnace
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
Size774 sqft
BasementYes
Lot size0.0861 Acres
Year built1906
MLS #CV25077925
Summary
- Full Bathrooms: 2
- Appliances: Range Hood
- Basement: Yes
- Flooring Type: Tile
- Interior: Ceiling Fan(s), Ceramic Counters, Separate/Formal Dining Room, Tile Counters, All Bedrooms Down, Bedroom on Main Level
- Fireplace: None
- Total Bedroom Count: 2
- Private Pool: No
- Parking: None
- Architectural Style: Craftsman
- Heating: Wall Furnace
- Cooling: None
- List Price: $510,000
- Price/SqFt: $658
- Annual Tax Amount: $5,162
- Tax Year: 2024
- Directions: North of 6th Street, West of Indiana St.
- Year Built: 1906
- Stories: 1
- Living Area: 774 SqFt
- Lot Size: 0.0861 Acres
- MLS Number: CV25077925
- MLS Name: CRMLS
- Office Name: HomeLife Platinum Realty
- Office Phone: (626) 705-5547
- Listing Agent: Irene Lopez
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: 5/4/2025, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$510,000
505 S Lorena St
$6,056
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| 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
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $415,118 | $5,162 |
| 2023 | $406,980 | $5,063 |
| 2022 | $399,000 | $4,827 |
| 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
Lorena Street Elementary School
Public District 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.
Neighborhood
The neighbors living near this home have an average income of $57,547. Most Los Angeles, CA residents have annual incomes between $35k-100k. The majority of families are married, with kids. Most residents in this area have high school diploma education.
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 Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 505 S Lorena St
The listing price of 505 S Lorena St property is $510,000.
The property 505 S Lorena St is a house located in Los Angeles, California, 90063.
Accepting Backup Offers: 505 S Lorena St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 505 S Lorena St are: Kipp Promesa Preparatory (GreatSchools Rating 6/10), Euclid Avenue Elementary School (GreatSchools Rating 4/10), Lorena Street Elementary School (GreatSchools Rating 4/10), Stevenson Middle School (GreatSchools Rating 4/10), Kipp los Angeles College Preparatory (GreatSchools Rating 8/10), Hollenbeck Middle School (GreatSchools Rating 5/10), Collegiate Charter High School of los Angeles (GreatSchools Rating 6/10), Alliance Morgan Mckinzie High School (GreatSchools Rating 6/10), Oscar de la Hoya Animo Charter High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $5,162 (source: MLS/based on county public records data).
The last sale was on July 30, 2021 for $399,000 (source: MLS/tax record).
The property at 505 S Lorena St has 2 bedrooms and 2 bathrooms.
The property 505 S Lorena St is 774 SqFt (source: MLS/tax record).
The year of construction for 505 S Lorena St is 1906.
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 April 10, 2025 and is currently priced at $510,000.
In April 2025 more than 395 listings in Los Angeles, CA were sold above the asking price. During the same period more than 148 listings were sold at asking price, while more than 328 were sold below. In April 2025 in Los Angeles, CA there were 10.2% more homes for sale than in March. In April 2025, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $896,516.
From Rocket Homes Real Estate and based on county public records data.