
Los Angeles, California 90026
This property presents a High-Potential Investment Opportunity with a List Price of $1,099,000—positioned well above the $912,507 Fair Market Value by 20%. While the property requires significant capital for its Condition Rating of 5, the expansive 10,850-square-foot L-shaped lot offers rare Development Potential for an ADU or expansion. Located in a dynamic Echo Park neighborhood near Clifford Street Elementary, this asset is ideal for Buy-and-Hold Investors or Contractors seeking to leverage the property's versatile structures and significant land footprint for long-term value-add.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1621 Mohawk Street Subject | $1,099,000* List Price | 2 | 1 | 914 | $998 | - |
A 1441 Avon Terrace Sold | $895,000 | 2 | 1 | 992 | $902 | 1.0 mi |
B 1316 Allesandro Active | $1,050,000 List Price | 2 | 2 | 1,241 | $846 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1912 and held by the same family for decades, the property is in original/dated condition with wood-paneled walls, acoustic tile ceilings, and significant deferred maintenance on exterior structures. Marketed as an investor opportunity for rehab or reimagination, the home requires a complete overhaul of all major systems, kitchen, and baths.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10850, living area = 914.
The nearly 11,000-square-foot L-shaped lot with multiple access points offers rare flexibility for expansion, reimagination, or the addition of an ADU in a high-demand Echo Park location.
Situated in one of Northeast LA's most dynamic and trendy neighborhoods, this property provides excellent long-term value and proximity to top-rated schools like Clifford Street Elementary.
With only 914 square feet of living space and a 2-bedroom, 1-bathroom configuration, the current structure is small relative to the list price and may require immediate expansion.
Built in 1912 and marketed as a 'rare opportunity' for investors, the property likely requires a substantial capital investment to modernize systems and finishes.
Calling all investors and owner-users seeking a rare opportunity on an expansive nearly 11,000-square-foot lot in Echo Park bordering Silver Lake. This classic 2-bedroom, 1-bath California Bungalow is perched above the street allowing views of DTLA and is ready for its next chapter. The generous L-shaped lot, perched off a dead-end street, offers multiple access points. This creates added flexibility for future renovation, expansion, or reimagination to suit your vision. Additional features include a versatile basement, a detached garage, and a work shed, offering flexible space for storage, creative pursuits, or a future ADU. Bring your imagination and unlock the possibilities of this unique property in one of Northeast LA's most dynamic neighborhoods.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 914 | 1,672 |
| Lot Size | 10,850 | 6,067 |
| Price | $1.10M | $1.37M |
| Price per sq ft | $1.2K | $801 |
| Built year | 1912 | 1939 |
| HOA | $0 | $348 |
| Days on market | 28 | 56 |
Jun 24, 2026
$1,099,000
Initial Listing