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217 Columbia Place, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 2 bath

217 Columbia Place, Los Angeles, California 90026 home-pic-0
ACTIVE$799,000
217 Columbia Place, Los Angeles, California 90026
2Beds
2Baths
1,364Sqft
1,191Lot

Price Vs. Estimate

The estimated value ($841,240) is $42,240 (5%) higher than the list price ($799,000). This property may be underpriced.

Key pros and cons

Top Pros:
Prime Location & Walkability: Situated in the highly desirable, pedestrian-friendly Belmont Square/Echo Park South, offering excellent walkability to Downtown LA, Silver Lake, Echo Park, Koreatown, and local parks.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1191, living area = 1364.

Compared to the nearby listings

Price:$799.0K vs avg $1.53M ($-733,500)9%
Size:1,364 sqft vs avg 1,590 sqft35%
Price/sqft:$586 vs avg $99111%

More Insights

Built in 1923 (102 years old).
Condition: The property was built in 1923, indicating significant age. While the kitchen features modern white shaker cabinets, white countertops, a mosaic tile backsplash, and white appliances, suggesting a recent cosmetic renovation (likely within the last 5-15 years), and the flooring and lighting are also updated, the MLS description explicitly highlights 'Age-Related System Concerns' regarding plumbing and electrical. These major systems are likely original or very old and could necessitate future upgrades or significant maintenance. A newly replaced roof is a positive, but the lack of bathroom images and the noted age of critical infrastructure prevent a 'Good' rating. The property is functional and livable, but the potential for substantial future repairs to core systems places it in the 'Fair' category.
Year Built
1923
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$586
HOA
-
Days on market
-
Sold On
-
MLS number
SR25265051
Home ConditionFair
Features
Patio
View-

About this home

East Coast Charm in the Heart of LA! Duplex in Historic Belmont Square Discover a rare opportunity to own a duplex in Belmont Square/Echo Park South, a hidden gem in Los Angeles that blends East Coast-style architecture with classic LA charm. Situated on Columbia Place and Columbia Avenue, this inviting two-unit property offers a prime location within one of LA's most walkable and architecturally rich neighborhoods. Belmont Square is a pedestrian-friendly enclave designed by renowned architect David Julius Witmer, featuring minimal Art Deco and American Craftsman influences. Inspired by New York City row houses, this neighborhood boasts picturesque tree-lined streets, garden courtyards, and a rich architectural heritage dating back to the 1920s.These duplex features two 1-bed, 1-bath units with functional layouts and in-unit washer/dryers, along with private garden areas that provide a peaceful retreat in the city. A newly replaced roof adds long-term value and peace of mind, making this a smart investment for years to come. Whether you're looking to live in one unit and rent out the other, this property offers great potential for income generation. Enjoy prime walkability, with Downtown LA, Silver Lake, Echo Park, and Koreatown just minutes away. Plus, Vista Hermosa Park and Echo Park are both within walking distance, offering scenic green spaces, trails, and city views just steps from your doorstep. Surrounded by beautifully preserved architecture and lush communal spaces, this property offers a rare opportunity to live in a neighborhood full of character and history. Schedule a showing today and experience the unique charm of Belmont Square!

Price History

Date
Event
Price
12/19/14
Sold
$349,000
07/29/09
Sold
$113,000
01/23/07
Sold
$402,000
Condition Rating
Fair
The property was built in 1923, indicating significant age. While the kitchen features modern white shaker cabinets, white countertops, a mosaic tile backsplash, and white appliances, suggesting a recent cosmetic renovation (likely within the last 5-15 years), and the flooring and lighting are also updated, the MLS description explicitly highlights 'Age-Related System Concerns' regarding plumbing and electrical. These major systems are likely original or very old and could necessitate future upgrades or significant maintenance. A newly replaced roof is a positive, but the lack of bathroom images and the noted age of critical infrastructure prevent a 'Good' rating. The property is functional and livable, but the potential for substantial future repairs to core systems places it in the 'Fair' category.
Pros & Cons

Pros

Prime Location & Walkability: Situated in the highly desirable, pedestrian-friendly Belmont Square/Echo Park South, offering excellent walkability to Downtown LA, Silver Lake, Echo Park, Koreatown, and local parks.
Income-Generating Duplex: Features two 1-bed, 1-bath units, providing significant income potential for investors or an owner-occupant seeking rental income.
Historic Charm & Unique Architecture: Located in a historically rich neighborhood with East Coast-style architecture, Art Deco, and American Craftsman influences, offering unique character and aesthetic appeal.
Recent Major Upgrade: A newly replaced roof adds long-term value, reduces immediate maintenance concerns, and provides peace of mind for the buyer.
In-Unit Amenities & Private Gardens: Each unit includes in-unit washer/dryers and private garden areas, enhancing tenant appeal and providing comfortable living spaces.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1191, living area = 1364.
Compact Living & Lot Size: The property features a very small 1,191 sqft lot and a total of 1,364 sqft for two units, indicating compact individual living spaces (1-bed, 1-bath each) which may limit appeal for some buyers.
Age-Related System Concerns: Built in 1923, the property, despite a new roof, likely retains original or older plumbing and electrical systems that could necessitate future upgrades or significant maintenance.
Lack of Dedicated Parking & Views: The absence of mentioned dedicated parking in a dense urban area like Los Angeles, coupled with no significant views, could be a practical and aesthetic drawback for potential buyers.

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