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

1566 Rollins, Los Angeles, California 90063 home-pic-0
ACTIVE$899,000
1566 Rollins, Los Angeles, California 90063
0Bed
0Bath
1,820Sqft
5,661Lot
Year Built
1947
Close
-
List price
$899K
Original List price
$90K
Price/Sqft
$494
HOA
-
Days on market
-
Sold On
-
MLS number
RS25256847
Home ConditionGood
Features
Good View:
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $899.0K(80th), sqft - 1820(44th), beds - undefined(50th), baths - undefined(50th).

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
11/12/25
Price Change
$899,000+900.0%
11/08/25
Listing
$89,900
12/05/17
Sold
$380,000
Condition Rating
Good
The property, though built in 1947, underwent an extensive remodel approximately 5 years ago, which aligns with the 'Good' condition criteria for properties extensively renovated within 5 to 15 years. The description highlights newer cabinets, granite countertops, updated bathrooms, new flooring, dual-pane windows, and a newer roof. Images confirm modern finishes in kitchens and bathrooms, dark wood-look flooring throughout, and recessed lighting, indicating a move-in ready condition with no immediate major renovations required. While the underlying structure is old, the living spaces have been significantly updated and are well-maintained.
Pros & Cons

Pros

Income-Generating Triplex: The property is configured as three distinct units (two 3-bed/1-bath and one 1-bed/1-bath), offering significant rental income potential as a residential income property.
Recent Extensive Remodel: 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, indicating good condition and reduced immediate capital expenditure.
Additional Revenue Stream: The inclusion of a coin-operated laundry facility provides a supplementary income source for the owner.
Strategic Location: Situated in El Sereno/City Terrace, East Los Angeles, the property boasts excellent proximity to major LA attractions, educational institutions (Cal State LA), and employment centers (DTLA), enhancing rental demand and property value.
High Unit/Bedroom Count: With a total of 7 bedrooms and 3 bathrooms across three units, the property offers flexibility for various tenant configurations and maximizes potential rental income.

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 = 5594.
Non-Conforming Use: The property is explicitly stated as being used as a 'non-conforming triplex,' which presents legal and zoning risks, potentially requiring costly remediation or limiting future development/financing options.
Age of Structure: Built in 1947, the underlying structure is old. While units were remodeled, this could lead to unforeseen maintenance issues related to original systems (e.g., plumbing, electrical, foundation) not fully addressed in cosmetic updates.
Limited Information on Key Amenities: The description lacks crucial details regarding parking availability for three units in a dense urban area and whether utilities are separately metered, which are significant factors for multi-unit properties and tenant/landlord expenses.

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