
Los Angeles, California 90026
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2515 Mayberry Street Subject | $1,699,000* List Price | 5 | 3 | 1,702 | $982 | - |
A 1530 Allesandro Street Sold | $1,410,000 | 3 | 2 | 1,428 | $987 | 0.3 mi |
B 2818 Effie Street Sold | $1,978,000 | 3 | 3 | 2,013 | $983 | 0.3 mi |
C 1338 Mccollum Street Sold | $1,750,000 | 4 | 3 | 1,676 | $1,044 | 0.2 mi |
D 2123 Branden Street Sold | $1,650,000 | 4 | 3 | 2,161 | $764 | 0.4 mi |
E 1633 N Bruce Court Sold | $1,630,000 | 4 | 4 | 2,103 | $775 | 0.8 mi |
F 2144 Echo Park Avenue Sold | $1,615,000 | 3 | 2 | 1,396 | $1,157 | 1.0 mi |
G 3409 Winslow Drive Sold | $1,960,000 | 3 | 3 | 1,865 | $1,051 | 0.7 mi |
H 951 Tularosa Drive Sold | $1,929,355 | 3 | 2 | 1,783 | $1,082 | 0.8 mi |
I 3439 Winslow Active | $1,950,000 List Price | 4 | 3 | 2,042 | $955 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
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.
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.
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.
No exterior & parking available.
Grades K-6 • 0.0 mi
Grades K-6 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,702 | 1,672 |
| Lot Size | 6,708 | 6,067 |
| Price | $1.70M | $1.37M |
| Price per sq ft | $998 | $801 |
| Built year | 1927 | 1939 |
| HOA | $0 | $348 |
| Days on market | 17 | 56 |
Jul 5, 2026
$1,699,000
Initial Listing