1506 Glendale Boulevard, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 2 bath
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Los Angeles, California 90026
This Value-Add Duplex in the heart of Silver Lake - Echo Park is listed at $790,000, positioned near its $734,528 Fair Market Value after a substantial price reduction from $1.2M. The property currently holds a Poor Condition Rating, with the 1921 structure requiring comprehensive modernization of plumbing, electrical, and roofing systems to meet contemporary standards. However, the 5,301 sqft lot and proximity to top-rated schools like Clifford Street Elementary (Rating: 8) offer significant long-term appreciation potential. This asset is a prime candidate for Fix-and-Flip Investors or Contractors seeking a high-demand rental location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1506 Glendale Boulevard Subject | $790,000* List Price | 2 | 2 | 1,156 | $635 | - |
A 1574 Donaldson Active | $670,000 List Price | 0 | 0 | 1,280 | $523 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921, this property is over a century old and shows significant signs of aging infrastructure. The listing analysis explicitly notes that major systems—including plumbing, electrical, and roofing—likely require modernization to meet contemporary standards. The presence of window AC units indicates a lack of central HVAC, and the very compact square footage (approx. 578 sqft per unit) suggests an outdated layout. Given the need for substantial system replacements and rehabilitation, it falls into the poor category.
Situated in the highly desirable Silver Lake - Echo Park area, the property offers excellent proximity to trendy dining, nightlife, and the central amenities of Los Angeles.
As a duplex, this residential income property provides flexible options for investors seeking rental yield or owner-occupants looking to utilize one unit as a mortgage helper.
With a price reduction from an initial $1.2M to $925,000, the property is now positioned at a much more competitive and attractive entry point for the neighborhood.
Being located on Glendale Boulevard, a major thoroughfare, the property is subject to significant street noise and high traffic volume, which may deter some residential tenants.
Built in 1921, the property likely requires modernization of major systems such as plumbing, electrical, and roofing to meet contemporary standards and reduce maintenance costs.
With only 1,156 total square feet divided between two units, the living spaces are relatively compact, which may limit the maximum rental income achievable per unit.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 0.0 | 79% |
| Baths | 2.0 | 0.0 | 79% |
| Square foot | 1,156 | 2,095 | 14% |
| Lot Size | 5,301 | 4,996.5 | 50% |
| Price | $790.0K | $1.07M | 21% |
| Price per sq ft | $683 | $485 | 79% |
| Built year | 1921 | 1922 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 355 | 203 | 93% |
Mar 20, 2026
$790,000
$925,000
-15% Price Drop
Initial Listing
Jan 24, 2026
$925,000
$1,050,000
-12% Price Drop
Initial Listing
Aug 20, 2025
$1,050,000
Initial Listing
Jun 24, 2025
$1,200,000
Initial Listing
Jul 10, 2009
$230,000
Public Record
Jun 30, 2004
$389,000
Public Record