1445 Allison Avenue 1/2, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 1 bath

1445 Allison Avenue 1/2, Los Angeles, California 90026 home-pic-0
ACTIVE$1,295,000
1445 Allison Avenue 1/2, Los Angeles, California 90026
2Beds
1Bath
1,139Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Renovation & Design: The residences have been exceptionally renovated, blending 1920s-era charm with modern living, featuring custom white oak cabinetry, honed Calacatta Monet Viola countertops, and unique wavy glass windows.
Top Cons:
Tenants-in-Common (TIC) Structure: The property is part of a Tenants-in-Common community, which can present complexities in financing, ownership rights, and resale compared to traditional condominium ownership.

Compared to the nearby listings

Price:$1.29M vs avg $725.0K (+$570,000)93%
Size:1,139 sqft vs avg 834 sqft80%
Price/sqft:$1.1K vs avg $78593%

More Insights

Built in 1923 (102 years old).
Condition: Despite being built in 1923, the property has undergone an 'exceptionally renovated' transformation as part of a new TIC community. The images confirm a high-end, recent renovation with custom white oak cabinetry, honed Calacatta Monet Viola countertops, modern stainless steel appliances in the kitchen, and new hardwood flooring throughout. All components appear virtually new and meet current quality standards, indicating no deferred maintenance.
Year Built
1923
Close
-
List price
$1.29M
Original List price
$1.29M
Price/Sqft
$1,137
HOA
$350
Days on market
-
Sold On
-
MLS number
25588753
Home ConditionExcellent
Features
Good View: City Lights, Hills
ViewCity Lights,Hills

About this home

Offered for the first time are four exceptionally renovated 1920s-era residences in a new Tenants-in-Common (TIC) community named Allison. Positioned on the upper level, the space unfolds, revealing glimpses of a bygone era, giving way to modern living with timeless allure. Covetable features include custom-built white oak cabinetry, honed Calacatta Monet Viola countertops, and windows with machine-drawn wavy glass that render a spectacular, painterly light throughout the day. Rear gardens were designed to foster both the community spirit of a TIC and provide each owner with individual outdoor space. The gently terraced gardens are surrounded by mature olive and fruit trees, star jasmine, white Gaura, westringia smokey shrubs, lavender, rosemary, some sage, and Cecile Brunner climbing rose, creating a wonderful aromatic cluster of both fragrant and culinary medicinal herbs. Located just south of Sunset Boulevard, the residences are moments away from our favorite cafes, restaurants, and markets, such as Honey Hi, Dada Market, Canyon Coffee, Little Fish, Bacetti, Donna, as well as Cookbook Market and Lassens Natural Foods.

Condition Rating
Excellent

Despite being built in 1923, the property has undergone an 'exceptionally renovated' transformation as part of a new TIC community. The images confirm a high-end, recent renovation with custom white oak cabinetry, honed Calacatta Monet Viola countertops, modern stainless steel appliances in the kitchen, and new hardwood flooring throughout. All components appear virtually new and meet current quality standards, indicating no deferred maintenance.
Pros & Cons

Pros

Exceptional Renovation & Design: The residences have been exceptionally renovated, blending 1920s-era charm with modern living, featuring custom white oak cabinetry, honed Calacatta Monet Viola countertops, and unique wavy glass windows.
Prime Location & Walkability: Located just south of Sunset Boulevard in the desirable Silver Lake/Echo Park area, offering immediate access to popular cafes, restaurants, and markets.
Private & Community Gardens: Thoughtfully designed rear gardens provide both individual outdoor space and foster community, featuring mature olive and fruit trees, fragrant herbs, and climbing roses.
Historic Charm: The property retains the timeless allure of its 1920s origins, offering a unique character that is often sought after in the Los Angeles market.
Scenic Views: Positioned on an upper level, the residence offers desirable city lights and hills views, enhancing its appeal and living experience.

Cons

Tenants-in-Common (TIC) Structure: The property is part of a Tenants-in-Common community, which can present complexities in financing, ownership rights, and resale compared to traditional condominium ownership.
Historic Building Age: Built in 1923, despite renovations, the underlying structure is over a century old, which may imply potential for unforeseen maintenance or infrastructure issues not covered by cosmetic upgrades.
Limited Bathroom Count: The unit features only one bathroom for two bedrooms, which could be a practical limitation for occupants or guests, especially given the price point.

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