1556 Rollins Drive, Los Angeles, California 90063, Los Angeles, 90063 - 3 bed, 2 bath
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Los Angeles, California 90063
This Versatile Multi-Unit Residential Property is listed at $749,900, positioned near its $717,215 Fair Market Value. Maintaining a Good Condition Rating, the 1926-built home offers significant Income-Generating Potential via a separate 1-bedroom lower unit with a private entrance. The property features high-value infrastructure including Solar Panels and upgraded systems, alongside unobstructed mountain views from a large entertainer's deck. Located in the Los Angeles Unified School District near Cal State LA, this is a strategic opportunity for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1556 Rollins Drive Subject | $749,900* List Price | 3 | 2 | 1,322 | $511 | - |
A 3654 City Terrace Sold | $800,000 | 3 | 3 | 1,510 | $530 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant infrastructure updates, including upgraded plumbing and electrical systems in 2013 and the addition of solar panels. The kitchen features a high-end ZLine stove, and the lower unit has been modernized with new flooring and a contemporary shower. While the home retains its 1926 character, the combination of well-maintained systems and recent cosmetic updates aligns with the 'good' condition criteria.
Configured as a multi-unit property with a separate 1-bedroom lower unit and private entrance, this home offers excellent flexibility for rental income, multi-generational living, or a guest suite.
The property features significant high-value improvements including solar panels, upgraded plumbing and electrical systems (2013), and a brand-new ZLine stove, reducing immediate capital expenditure for buyers.
A large entertainer's deck and private patio provide unobstructed, breathtaking views of the Pasadena and Angeles mountains, offering a premium outdoor experience rare for this price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3618, other record lot size in square feet = 3566.
The second bedroom in the main unit is currently open to the living room, which may require the buyer to invest in framing and drywall to restore it to a private, true bedroom.
Originally built in 1926, the property may present typical vintage home challenges such as limited storage space or smaller lot dimensions compared to modern developments.
Welcome to 1556 Rollins Drive! This home is currently being used as a multi-unit family home filled with character and nestled in the vibrant heart of City Terrace Los Angeles. This unique property offers an exceptional opportunity for both owner-users and investors alike. Built in 1926, this gem is thoughtfully designed to accommodate modern living while preserving its timeless appeal. The main unit on the upper level features 2 spacious bedrooms and a full bathroom, providing a comfortable and inviting living space. (The 2nd bedroom has been opened to the living room but can easily be closed off again if you prefer 2 true bedrooms) The kitchen is equipped with a brand-new ZLine stove, perfect for culinary enthusiasts, and opens to a bright and airy floor plan. Enjoy the hardwood style flooring that flows seamlessly throughout the living areas and in-unit laundry. The lower level hosts a separate 1-bedroom, 1-bathroom unit with its own private entrance, offering the ultimate in privacy and versatility. This unit has high ceilings and has been updated with new kitchen floors and a modern shower, making it an ideal rental space or guest suite. Both units have great natural light and benefit from upgraded plumbing and electrical systems, completed in 2013, and some newer windows that enhance energy efficiency. The home is equipped with solar panels, ensuring sustainability and cost-effectiveness. Step outside to discover a large entertainer's deck and private patio, both offering breathtaking views of the Pasadena and Angeles mountains. Whether you're hosting family gatherings or enjoying a peaceful evening under the stars, this outdoor space provides the perfect backdrop. Located near Cal State Los Angeles with easy access to the 710 and 10 freeways, near 2 railway stations (the E line to Culver City/Santa Monica and the San Bernardino line) as well as many bus stops...this property is just minutes from Downtown LA, shopping, entertainment, and fine dining. Don't miss the chance to own this extraordinary property with gorgeous and tranquil unobstructed views. Vacant at close of escrow!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,322 | 1,174 | 61% |
| Lot Size | 3,618 | 4,795 | 20% |
| Price | $749.9K | $685.0K | 68% |
| Price per sq ft | $567 | $592 | 44% |
| Built year | 1926 | 1925 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 162 | 5% |
Feb 24, 2026
$749,900
Initial Listing
Mar 30, 2021
$575,000
Public Record
Jan 14, 2013
$215,000
Public Record
Nov 1, 1993
$115,000
Public Record