1556 Rollins Drive
Los Angeles, CA, 90063
$749,900
MLS: 26656045
Beds
3
Baths
2
Sq Ft
1,322
Lot
0.08 ac
Year Built
1926
MLS #
26656045
Days on Market
27
Listed
Feb 24, 2026
Description
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!
Location
Los Angeles, Los Angeles County, CA 90063
Open on Google Maps ↗Listed by: Sara Deskins · Compass
Payment estimate
$5,509
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $74,990 · Loan: $674,910
- Principal & Interest
- $4,147
- Property tax (1.25%)
- $781
- Homeowners insurance
- $300
- Mortgage insurance
- $281
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $26,247 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 90063 (Los Angeles) within ±10% of this home's price and size.
$699,888
1504 Attridge Avenue
Los Angeles, 90063
$700,000
543 S Ditman
Los Angeles, 90063
$720,000
1140 N Ditman Ave
Other, 90063
$727,000
4241 Eugene
Los Angeles, 90063
$739,000
4252 Blanchard
Los Angeles, 90063
$744,999
1006 Van Pelt
East Los Angeles, 90063
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.