1283 W Sunset Boulevard, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 1 bath
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1283 W Sunset Boulevard
Los Angeles, California 90026
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
1,216Sq Ft
7,488Lot Size
Property Price
LIST PRICE$778,888
EST. MARKET VALUE
$825,910
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $778,888—positioned well below the $825,911 Fair Market Value by 5%. This valuation gap offers $47,023 in Instant Equity for developers. Featuring a C2-zoned lot and a Condition Rating of 6, the site is primed for high-density redevelopment. Its prime Echo Park location offers panoramic City Lights views and immediate access to urban amenities. This is an ideal acquisition for Multifamily Developers or Buy-and-Hold Investors seeking significant upside.
Estimated Market Value
$825,910+$47,022 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1283 W Sunset Boulevard Subject 2 bd · 1 ba · 1,216 sqft · $679 | $778,888* List Price | 2 | 1 | 1,216 | $679 | - |
A 714 E Kensington Road Sold 2 bd · 2 ba · 1,012 sqft · $746 · 0.2 mi | $755,000 | 2 | 2 | 1,012 | $746 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1906 (118 years old) with no mention of renovations. The listing explicitly markets the property as a 'development opportunity' for its C2-zoned lot and multifamily potential, indicating the primary value is in the land rather than the existing structure.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7488, living area = 1216.
- High-Density Development Potential
The C2-zoned lot is eligible for various Los Angeles housing incentive programs, potentially allowing for a large-scale multifamily or mixed-use project with streamlined approvals and minimal parking requirements.
- Prime Echo Park Location
Situated directly on Sunset Boulevard, the property boasts exceptional walkability to trendy cafes and restaurants, with close proximity to Echo Park Lake, Dodger Stadium, and Downtown LA.
CONSRISKS & DEFICIENCIES
- Dated Existing Structure
The original 1906 house likely requires demolition or a complete overhaul, as the primary value of the property is concentrated in its land and development entitlements.
- Tenant Occupancy Complexity
The property is currently tenant-occupied, which may necessitate a relocation process and could present logistical hurdles for developers seeking immediate possession.
About 1283 W Sunset Boulevard
A development opportunity on Sunset Boulevard in Echo Park. This C2-zoned lot currently holds a 1906 house today, and it may offer room for much more. The site may qualify for several of Los Angeles's housing incentive programs, which could allow a larger multifamily or mixed-use building, little or no required parking, and a more streamlined approval path. Sunset's cafes and restaurants are right outside, with Echo Park Lake, Dodger Stadium and Downtown LA close by. A developer deck outlining the possibilities is available on request. Tenant-occupied month to month; please do not disturb. Buyer to verify all zoning, entitlement and development potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1906
- Lot Size
- 7,488 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Betty Plasencia Elementary School
Grades K-6 • 0.5 mi
4/10
Castelar Street Elementary School
Grades K-5 • 0.7 mi
6/10
Solano Avenue Elementary School
Grades K-6 • 1.1 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,216 | 1,670.836 |
| Lot Size | 7,488 | 6,152.156 |
| Price | $778.9K | $1.34M |
| Price per sq ft | $641 | $807 |
| Built year | 1906 | 1941 |
| HOA | $0 | $238 |
| Days on market | 27 | 56 |
Pricing History
Listed for Sale
Oct 13, 2026
$778,888
Initial Listing