
Los Angeles, California 90026
This Single Family Residence represents a Strong Value Opportunity, listed at $998,000—positioned well below the $1,051,865 Fair Market Value by 5%. This valuation gap offers $53,865 in Instant Equity. Featuring a Mint Condition Rating with ultra-premium finishes and a panoramic rooftop deck, the home offers a turnkey lifestyle. With approved ADU plans for the detached studio, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, income-generating asset in the heart of Echo Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1510 Morton Terrace Subject 2 bd · 2 ba · 1,559 sqft · $675 | $998,000* List Price | 2 | 2 | 1,559 | $675 | - |
A 2152 Clifford Street Sold 2 bd · 3 ba · 1,571 sqft · $697 · 0.5 mi | $1,095,238 | 2 | 3 | 1,571 | $697 | 0.5 mi |
B 2213 Selig Drive Active 3 bd · 3 ba · 1,407 sqft · $710 · 0.6 mi | $999,000 List Price | 3 | 3 | 1,407 | $710 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1923, the property features a high-end, comprehensive modern renovation with ultra-premium finishes, custom walnut cabinetry, top-tier appliances, and luxury bathrooms, placing it in mint condition.
The expansive rooftop deck offers rare 360-degree panoramic views of the city skyline and hills, complemented by a dedicated top-floor office and wet bar for seamless entertaining.
Situated in the heart of Echo Park, the property is just one block from Elysian Park trails and local favorites like Cookbook and Canyon Coffee, offering a rare pedestrian-friendly lifestyle in Los Angeles.
The property includes a detached studio with LADBS-approved ADU plans near permit issuance, providing a significant opportunity for immediate value-add, rental income, or a private guest house.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1559, other record living area = 1364. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1950, living area = 1559.
With a lot size of only 1,950 square feet, the outdoor yard space is relatively compact, which may not appeal to buyers seeking significant private garden or play areas.
A rare combination of panoramic rooftop views, exceptional privacy, ultra-premium finishes, off-street parking, and an unbeatable location in the heart of Echo Park. This gated compound features an expansive rooftop entertaining deck, a luxurious primary suite, a dedicated office with a wet bar, a detached studio with approved ADU plans, and a private yard, all just one block from neighborhood cafes, restaurants, shops, and the hiking trails of Elysian Park. The impressive rooftop deck offers stunning 360-degree views of the surrounding hills and city skyline, creating the ideal setting for sunset drinks, dinner parties, and long weekend afternoons. A dedicated top-floor office with a custom built-in desk and wet bar opens directly onto the deck, making entertaining effortless. On the first floor, the open living and dining areas flow into a beautifully appointed kitchen featuring custom walnut cabinetry, crisp white countertops, and top-end appliances. A distinctive step-down sitting room features dramatic bay windows framing a mature yucca tree, while a powder room with herringbone tile and a backlit vanity mirror adds a playful design statement. Upstairs, the serene primary suite feels a world away from the home's social spaces, tucked among the treetops for shade and privacy. The luxurious bath pairs a modern two-person shower with a soaking tub facing the hills, and an expansive closet offers generous storage. A second bedroom completes the level. The gated grounds offer exceptional privacy, mature landscaping, and a low-maintenance yard with space to relax, entertain, or create your own outdoor retreat. A detached painting studio offers additional flexibility, with ADU plans approved by LADBS and near permit issuance. The location is unmatched. Cookbook, Canyon Coffee, and the trails of Elysian Park are just one block away. Echo Park Lake, Sunset Boulevard, and Dodger Stadium are all within a few blocks, putting some of Los Angeles's most beloved destinations at your doorstep. Who says "Nobody Walks in L.A.?"
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,559 | 1,670.836 |
| Lot Size | 1,950 | 6,152.156 |
| Price | $998.0K | $1.34M |
| Price per sq ft | $640 | $807 |
| Built year | 1923 | 1941 |
| HOA | $0 | $238 |
| Days on market | 5 | 56 |
Nov 4, 2026
$998,000
Initial Listing
Jul 15, 2015
$812,000
Public Record
Dec 5, 2007
$705,000
Public Record
Mar 8, 2006
$367,500
Public Record