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1566 Rollins, Los Angeles, California 90063, Los Angeles, 90063 - 7 bed, 3 bath

1566 Rollins, Los Angeles, California 90063 home-pic-0
ACTIVE$899,000
1566 Rollins, Los Angeles, California 90063
7Beds
3Baths
1,820Sqft
5,661Lot
Year Built
1947
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$494
HOA
-
Days on market
-
Sold On
-
MLS number
RS25256841
Home ConditionGood
Features
Good View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic
ViewCity Lights,Hills,Mountain(s),Neighborhood,Panoramic

About this home

We found 4 Cons,5 Pros. Rank: price - $899.0K(80th), sqft - 1820(44th), beds - 7(92th), baths - 3(84th).

This property features 7bedrooms 3bath. It's a large home that was converted into three units. There are two 3bed 1bath units and one 1bed 1bath unit. Situated in El Sereno/City Terrance East Los Angeles area. All three units where remodeled roughly 5 years ago and all units are still in good condition. This property is being used as a non conforming triplex. Kitchens have newer cabinets and all have granite counter tops, bath, floors, dual pane windows throughout and newer roof. The property has a coin up laundry that brings additional income. Near tons of LA City entertainment, near Cal State LA, near DTLA, near Dodgers stadium, Griffith Park, LA Zoo and many more tourist nearby attractions.

Price History

Date
Event
Price
11/08/25
Listing
$899,000
12/05/17
Sold
$380,000
Condition Rating
Good
This property, built in 1947, underwent an extensive renovation approximately 5 years ago, which included all three units. The kitchens feature newer cabinets and granite countertops, bathrooms are updated, and new flooring (hardwood/wood-look tile) has been installed throughout. Dual-pane windows and a newer roof contribute to its good condition. While the original structure is older, the recent comprehensive updates make it move-in ready with no immediate major renovations required, aligning with the 'Good' criteria for properties extensively renovated within 5-15 years.
Pros & Cons

Pros

Income-Generating Property: The property is configured as a triplex (two 3-bed/1-bath units and one 1-bed/1-bath unit) with an additional coin-operated laundry, offering multiple streams of rental income.
Recent Remodels & Good Condition: All three units were remodeled approximately 5 years ago, featuring newer cabinets, granite countertops, updated baths, new flooring, dual-pane windows, and a newer roof, minimizing immediate capital expenditures.
Prime Los Angeles Location: Situated in the desirable El Sereno/City Terrace area, the property boasts proximity to major LA attractions, Cal State LA, DTLA, Dodgers Stadium, and Griffith Park, enhancing tenant appeal and potential appreciation.
Panoramic Views: The property offers desirable City Lights, Hills, Mountain(s), Neighborhood, and Panoramic views, which can significantly increase its market value and tenant desirability.
Versatile Unit Mix: The combination of two 3-bedroom units and one 1-bedroom unit caters to a broad range of tenants, from families to individuals or couples, potentially ensuring high occupancy rates.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5661, other record lot size in square feet = 5989.
Non-Conforming Triplex Status: The property is explicitly stated as being used as a 'non-conforming triplex,' which could present legal, zoning, or permitting challenges and potential future compliance costs.
Age of Original Structure: Built in 1947, despite recent remodels, the underlying infrastructure (e.g., plumbing, electrical systems, foundation) may still be original or require significant updates beyond cosmetic improvements.
Potential for Limited Individual Amenities: While a coin-op laundry is available, the description does not specify individual in-unit laundry facilities or private outdoor spaces for each unit, which could be a drawback for some tenants.

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