2515 Mayberry Street, Los Angeles, California 90026, Los Angeles, 90026 - 5 bed, 3 bath
Loading property details...
2515 Mayberry Street
Los Angeles, California 90026
ACTIVE
CONDITION: GOOD
5Beds
3Baths
1,702Sq Ft
6,708Lot Size
Property Price
LIST PRICE$1,550,000
EST. MARKET VALUE
$1,529,298
SUMMARY
This 5-bedroom, 3-bath Single Family Residence represents a Strong Value Opportunity in Echo Park, listed at $1,699,000. While priced slightly above the $1,670,580 Fair Market Value, the property offers significant stability and immediate utility. Featuring a Condition Rating of 3, the home includes extensive recent upgrades like a newer roof, updated electrical, and a private 1-bedroom suite with Duplex Potential. Its prime location near Clifford Street Elementary and John Marshall Senior High makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational flexibility.
Estimated Market Value
$1,529,298
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2515 Mayberry Street Subject | $1,550,000* List Price | 5 | 3 | 1,702 | $899 | - |
A 3439 Winslow Sold | $1,850,000 | 4 | 3 | 2,042 | $906 | 0.7 mi |
B 1530 Allesandro Street Sold | $1,410,000 | 3 | 2 | 1,428 | $987 | 0.3 mi |
C 2818 Effie Street Sold | $1,978,000 | 3 | 3 | 2,013 | $983 | 0.3 mi |
D 1601 Redesdale Avenue Sold | $1,306,500 | 3 | 2 | 1,537 | $850 | 0.5 mi |
E 2123 Branden Street Sold | $1,650,000 | 4 | 3 | 2,161 | $764 | 0.4 mi |
F 2144 Echo Park Avenue Sold | $1,615,000 | 3 | 2 | 1,396 | $1,157 | 1.0 mi |
G 3219 Marathon Street Sold | $1,200,000 | 3 | 2 | 1,781 | $674 | 0.7 mi |
H 1633 N Bruce Court Sold | $1,630,000 | 4 | 4 | 2,103 | $775 | 0.8 mi |
I 1539 Elevado Street Active | $1,399,999 List Price | 4 | 2 | 1,378 | $1,016 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1927, the property has been recently 'refreshed' and is move-in ready. Key systems have been updated, including the electrical panel, water heater, plumbing, and a newer rear roof. The interior features fresh paint and updated lighting, meeting the criteria for a well-maintained, functional home.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Echo Park Location
Situated in one of Los Angeles' most sought-after neighborhoods, the property offers exceptional walkability and proximity to Echo Park Lake, Silver Lake Farmers Market, and Sunset Junction.
- Income & Multi-Generational Potential
The inclusion of a private rear 1-bedroom suite and potential for duplex conversion provides significant flexibility for rental income or multi-generational living arrangements.
- Extensive Recent Upgrades
With a newer roof, updated electrical panel, refreshed plumbing, and fresh interior/exterior paint, the home is move-in ready and reduces the need for immediate capital expenditures.
CONSRISKS & DEFICIENCIES
- Premium Pricing
At a list price of $1,699,000 for 1,702 square feet, the property sits at a high price-per-square-foot, which may challenge appraisal values or limit the buyer pool.
- Vintage Infrastructure Risks
Despite recent cosmetic and system refreshes, the 1927 construction may still harbor underlying structural or foundational characteristics typical of century-old homes in hilly terrain.
About 2515 Mayberry Street
Nestled in the heart of Echo Park, just steps from Mayberry Street Elementary, this beautifully refreshed 5-bedroom, 2.5-bath home offers exceptional flexibility for both owner-occupants and investors. A standout feature is the private rear 1-bedroom, 1-bath suite (included in total bed/bath count), ideal for extended family, guests, rental income, with possible DUPLEX POTENTIAL (buyer to verify all possibilities with the appropriate agencies). Thoughtfully updated throughout, the home features fresh interior and exterior paint, a newer rear-roof, new garage door - new garage roof, new water heater, updated electrical panel, new interior doors, updated lighting, refreshed plumbing, and more allowing you to move in with confidence. Situated on a generous 6,708 sq. ft. lot with a detached garage, the property offers space to enjoy today while providing future possibilities. Conveniently located just minutes from Echo Park Lake, Silver Lake Farmers Market, Sunset Junction, Dodger Stadium, Downtown Los Angeles, and an array of popular restaurants, cafes, and shopping. This is a rare opportunity to own a move-in-ready home in one of Los Angeles' most sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 6,708 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 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 • 0.0 mi
2/10
Clifford Street Elementary School
Grades K-6 • 0.5 mi
8/10
Micheltorena Street Elementary School
Grades K-5 • 0.6 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,702 | 1,664.159 |
| Lot Size | 6,708 | 6,066.556 |
| Price | $1.55M | $1.35M |
| Price per sq ft | $911 | $806 |
| Built year | 1927 | 1939 |
| HOA | $0 | $278 |
| Days on market | 66 | 55 |
Pricing History
Listed for Sale
Aug 22, 2026
$1,550,000
$1,590,000
-3% Price Drop
Initial Listing
Price Change
Jul 22, 2026
$1,590,000
$1,699,000
-6% Price Drop
Initial Listing
Price Change
Jul 5, 2026
$1,699,000
Initial Listing