1637 N Alvarado Street, Los Angeles, California 90026, Los Angeles, 90026 - 3 bed, 2 bath
1637 N Alvarado Street
Los Angeles, California 90026
Property Price
SUMMARY
Analysis of 1637 N Alvarado Street, Los Angeles, California 90026 reveals a Prime Investment Opportunity with a current list price of $995,000—significantly undercutting the $1,071,389 Fair Market Value by 7%. This valuation gap indicates a +$76,389 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 |
|---|---|---|---|---|---|---|
★ 1637 N Alvarado Street Subject | $995,000* List Price | 3 | 2 | 1,390 | $771 | - |
A 851 N Rampart Boulevard Sold | $765,000 | 2 | 1 | 936 | $817 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This 1922 Spanish-style home has undergone an extensive recent renovation, featuring a brand-new roof and a fully retrofitted foundation. The interior is in pristine condition with high-end Café Signature appliances, modern hardwood flooring, designer Spanish-style tile work, and multiple skylights. The property also includes a converted yoga room and a separate bonus office with its own bathroom, reflecting a high standard of modern functionality and aesthetic appeal with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Structural Peace of Mind
The property features a completely retrofitted foundation and a brand-new roof, providing significant long-term value and security for a vintage 1922 home.
- Versatile Bonus Spaces
Beyond the main residence, the home includes a converted yoga room and a separate lower-level bonus office with its own bathroom, ideal for remote work or guest accommodations.
- High-End Interior Finishes
The interior boasts premium Café Signature appliances, Spanish-style tile work, and skylights that blend historic charm with modern luxury.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-07-29. The sold price is $873,500.00.
- Compact Main Living Area
With the main home measuring only 915 square feet, the primary living space may feel restrictive for buyers seeking a more expansive traditional layout.
- Variable School Quality
While the area offers some high-rated options, several immediate neighborhood schools have lower performance ratings, which could be a consideration for families.
About 1637 N Alvarado Street
Welcome to this unique Echo Park retreat with Spanish-style accents. As you arrive, you’re greeted by a charming front patio that leads into the main home 915 sqft. Inside, hardwood floors throughout, skylights to highlight its charm, and top of the line Café Signature appliances that creates a gorgeous kitchen feel. The home offers two great size bedrooms, including one with a spacious walk-in closet and another with beautiful views. The bathroom is thoughtfully designed with Spanish-style tile and a skylight, adding brightness and character. Step outside to a welcoming deck overlooking a grassy play/bbq area. On this level, the garage has been transformed into a serene yoga room. Heading down the stairs, you’ll discover a second backyard level, along with a versatile bonus room/office complete with its own bathroom. Recent upgrades include a completely retrofitted foundation done to city standards, providing peace of mind for the next owner, as well as a brand-new roof. This home blends timeless Spanish charm with modern updates—perfect for those seeking character, functionality, and comfort in the heart of Echo Park. Within walking distance to MacArthur Park, the Metro station, the historic Alvarado Terrace district, the iconic Westlake Theatre, and the famous Langer’s Deli, this home offers the best of LA right at your doorstep.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 4,246 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
Mayberry Street Elementary School
Grades K-6 • 0.3 mi
Clifford Street Elementary School
Grades K-6 • 0.3 mi
Elysian Heights Elementary School
Grades K-6 • 0.7 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 | 1,390 | 1,511.5 | 38% |
| Lot Size | 4,246 | 5,060 | 28% |
| Price | $995.0K | $1.48M | 20% |
| Price per sq ft | $716 | $901 | 27% |
| Built year | 1922 | 1925 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 163 | 2% |
Pricing History
Listed for Sale
Feb 19, 2026
$995,000
Initial Listing
Sold
Jul 29, 2025
$873,500
Public Record
Sold
May 16, 2017
$630,000
Public Record
Sold
Sep 25, 2000
$71,500
Public Record