1605 Council Street, Los Angeles, California 90026, Los Angeles, 90026 - 3 bed, 2 bath
1605 Council Street
Los Angeles, California 90026
Property Price
SUMMARY
Analysis of 1605 Council Street, Los Angeles, California 90026 reveals a Prime Investment Opportunity with a current list price of $1,295,000—significantly undercutting the $1,391,012 Fair Market Value by 6%. This valuation gap indicates a +$96,012 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1605 Council Street Subject | $1,295,000* List Price | 3 | 2 | 1,480 | $940 | - |
A 347 N Rampart Boulevard Active Under Contract | $969,000 List Price | 3 | 2 | 1,224 | $792 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1904, the property has been 'taken to the studs and rebuilt' with a new foundation, roof, electrical, plumbing, and HVAC, effectively making it a newly renovated home. The kitchen features premium, modern stainless steel appliances, sleek white cabinetry, stone countertops, and contemporary fixtures. Both bathrooms are extensively updated with high-end finishes, including a soaking tub, double vanity, modern tiling, and stylish fixtures. New hardwood floors, high-end lighting, and custom built-ins throughout confirm a comprehensive, top-tier renovation that meets current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Renovation
The property has been 'taken to the studs and rebuilt' with a new foundation, roof, electrical, plumbing, and HVAC, offering modern infrastructure and peace of mind in a historic shell.
- Prime Urban Location
Strategically positioned at the crossroads of Echo Park, Silver Lake, and Historic Filipinotown, providing excellent access to vibrant local amenities, freeways (101 & 110), and popular establishments.
- High-End Design & Finishes
Features new hardwood floors, high-end fixtures, white oak framed windows/doorways, custom built-in rattan wardrobes, and an open-concept chef's kitchen with premium appliances and a dry bar.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1480, other record living area = 1281. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Original Build Year Perception
Despite extensive renovations, the original build year of 1904 might still be a psychological factor for some buyers, potentially raising initial questions about the property's age, even with modern updates.
- Moderate Lot Size
The 4205 sqft lot, while well-utilized, may be considered modest for buyers seeking larger outdoor spaces or more expansive grounds in a single-family residence.
About 1605 Council Street
Welcome to 1605 Council, an urban oasis reimagined for 2026. Perfectly positioned at the crossroads of Echo Park, Silver Lake, and Historic Filipinotown, this home has been taken to the studs and rebuilt with unparalleled craftsmanship. Bathed in natural light, the interior features new hardwood floors, high-end fixtures, and a versatile lofted bonus space with skylights. The open-concept chef's kitchen -- anchored by premium appliances and a dedicated dry bar -- flows effortlessly to the dining room and through double doors to the expansive patio for a seamless indoor-outdoor lifestyle. An adjacent laundry area is conveniently located off the bedroom wing for easy access. All windows and doorways are framed in white oak, while all three bedrooms feature custom built-in rattan wardrobes and cabinetry. The primary suite opens directly to the backyard patio and includes a spacious ensuite bath with a picture window, soaking tub, and double vanity. Beneath the design-forward aesthetic lies true peace of mind, with a new foundation, roof, electrical, plumbing, HVAC, and more. Outside, the private yard includes multiple areas for entertaining, a filtered cowboy tub, and a mature fruit orchard with irrigation. Conveniently located near Vista Hermosa Park, the 101 and 110 freeways, and local favorites like Gra, Laveta coffee, Clark Street Bakery, Donna's, and Quarter Sheets Pizza.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1904
- Lot Size
- 4,205 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Union Avenue Elementary School
Grades K-5 • 0.3 mi
Betty Plasencia Elementary School
Grades K-6 • 0.4 mi
Lake Street Primary School
Grades K-1 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,480 | 1,511.5 | 47% |
| Lot Size | 4,205 | 5,060 | 28% |
| Price | $1.29M | $1.48M | 37% |
| Price per sq ft | $875 | $901 | 48% |
| Built year | 1904 | 1925 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 164 | 2% |
Pricing History
Listed for Sale
Jan 14, 2026
$1,295,000
Initial Listing
Sold
Nov 8, 2024
$605,000
Public Record