
Los Angeles, California 90026
This Turnkey Queen Anne Residence is a Strong Value Opportunity, listed at $2,495,000—positioned well below the $2,610,517 Fair Market Value by 4%. This valuation gap offers $115,517 in Instant Equity. Featuring a Mint Condition Rating, the home includes a permitted ADU and approved plans for a second unit, offering significant income potential. With Verdugo Mountain views, a large deck, and high-end mechanicals, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, income-generating lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1557 Curran Street Subject 4 bd · 4 ba · 3,366 sqft · $776 | $2,495,000* List Price | 4 | 4 | 3,366 | $776 | - |
A 2304 Vestal Avenue Sold 4 bd · 3 ba · 2,676 sqft · $920 · 0.1 mi | $2,462,000 | 4 | 3 | 2,676 | $920 | 0.1 mi |
B 1876 Lemoyne Street Active 4 bd · 4 ba · 2,900 sqft · $897 · 0.6 mi | $2,600,000 List Price | 4 | 4 | 2,900 | $897 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1907, the property has undergone a complete, high-end restoration. All major systems including HVAC, electrical, and plumbing are brand new. The kitchen and bathrooms feature top-of-the-line finishes like soapstone counters and custom tiling, placing it in mint, move-in-ready condition with no maintenance required.
This Queen Anne home seamlessly blends late-19th-century character, including original stained glass and 10-foot ceilings, with entirely new high-end infrastructure, HVAC, and mechanical systems.
The property features a permitted lower-level ADU and includes ready-to-issue permits for a second 600 sq. ft. ADU and a two-car garage, offering exceptional rental income or multi-generational living options.
Situated on a rare street-to-street lot in Echo Park, the residence offers diverse vistas ranging from Verdugo Mountain views to Pacific Ocean sightings from the primary suite.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3366, other record living area = 2207. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
As a co-ownership opportunity, the property may not appeal to traditional buyers seeking full fee-simple ownership, potentially limiting the resale market and financing options.
While the area offers some high-performing options, the immediate neighborhood elementary school carries a lower rating, which may be a consideration for education-focused families.
Built in the late 1800s and moved to Curran Street by horse and buggy in 1907, this Queen Anne has been lovingly restored and preserved, one original detail at a time. This is a house with a soul, and you feel it the minute you walk in. The original wood details, flooring, windows and charm have all been brought back to life just as they were. But pop the hood and everything is brand new and top of the line, with new HVAC, electrical, plumbing and mechanicals. The front door opens to a living room with a beautiful rounded wall of windows and a sweeping staircase, with soaring 10-foot ceilings, original oak floors and stained glass windows. Farrow & Ball colors and soft, natural light fill the entire home. The formal dining room has its own functioning fireplace, and a parlor works beautifully as a den, office or media room. The kitchen is a dream, with warm butter yellow cabinets, soapstone counters, a custom island, a Perrin & Rowe faucet and pot filler, and high-end appliances. Step out to a large deck off the kitchen made for long summer evenings with friends. Every detail was handpicked by Echo Park's own design and build duo, Resourceful Construction. Upstairs are three bedrooms and two full baths, with ocean views from the primary suite. There's also a guest half bath downstairs. All told, this gem is approximately 3,366 square feet. The lower level adds so much flexibility, with a permitted one-bedroom ADU and a separate permitted rec room. The 7,364 sq ft street-to-street lot has a generous backyard and Verdugo Mountain views from the back of the property. It's being delivered with approved plans, permits ready to issue, for a two-car garage, an additional two-car parking pad and a second approximately 600 sq ft one-bedroom ADU above the garage. A great opportunity to grow the property's space and income. Minutes to Elysian Park, Elysian Heights Elementary School, Canyon Coffee, Valerie and Cookbook Market.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,366 | 1,670.836 |
| Lot Size | 7,368 | 6,152.156 |
| Price | $2.50M | $1.34M |
| Price per sq ft | $741 | $807 |
| Built year | 1907 | 1941 |
| HOA | $0 | $238 |
| Days on market | 21 | 56 |
Oct 19, 2026
$2,495,000
Initial Listing
Aug 28, 2025
$1,125,000
Public Record