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706 N Occidental Boulevard, Los Angeles, California 90026, Los Angeles, 90026 - 4 bed, 3 bath

706 N Occidental Boulevard, Los Angeles, California 90026 home-pic-0
ACTIVE$2,499,000
706 N Occidental Boulevard, Los Angeles, California 90026
4Beds
3Baths
2,754Sqft
6,920Lot

Price Vs. Estimate

The estimated value ($2,390,000.71) is $108,999.29 (4%) lower than the list price ($2,499,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating ADU: Features a recently built (2020) detached 1-bedroom, 1-bath ADU, providing significant rental income potential or flexible living arrangements for extended family.
Top Cons:
Age-Related Maintenance: Despite extensive remodeling, the 1909 main residence may still present ongoing maintenance challenges or require specialized care typical of historic properties.

Compared to the nearby listings

Price:$2.50M vs avg $1.55M (+$944,000)91%
Size:2,754 sqft vs avg 1,621.5 sqft87%
Price/sqft:$907 vs avg $99141%

More Insights

Built in 1909 (116 years old).
Condition: Despite being built in 1909, the property has undergone a beautiful and extensive modern remodel, as evidenced by the description and images. The kitchen features high-end, modern appliances (e.g., professional-style range), sleek cabinetry, marble countertops and backsplash, and contemporary lighting. Bathrooms are also fully updated with modern floating vanities, stylish fixtures, and new tiling. The addition of a detached ADU built in 2020 further solidifies its 'virtually new' status, meeting current quality standards with no deferred maintenance.
Year Built
1909
Close
-
List price
$2.5M
Original List price
$2.6M
Price/Sqft
$907
HOA
-
Days on market
-
Sold On
-
MLS number
RS25172539
Home ConditionExcellent
Features
Good View: City Lights
ViewCity Lights

About this home

Introducing a rare opportunity in the heart of Silver Lake—this beautifully remodeled 1909 Craftsman-style home seamlessly blends historic charm with modern upgrades. Offering approximately 2,062 sq ft of living space, this two-story residence features 4 spacious bedrooms, 3 updated bathrooms with marble finishes, a full covered front porch, and exquisite real wood built-ins with marble countertops. The home also includes a unique attic and basement, adding character and versatility. Complementing the main residence is a detached 1-bedroom, 1-bath ADU built in 2020 (692 sqft)—perfect for additional rental income or extended family living. Situated on an RD1.5-zoned lot, this property offers outstanding potential for future development. Enjoy stunning downtown skyline views, walkability to Sunset Blvd’s trendy cafes and restaurants, and quick freeway access. Whether you're looking for a forever home, income-producing property, or a prime development opportunity, this Echo Park gem delivers unmatched potential in one of L.A.’s most sought-after neighborhoods.

Nearby schools

2/10
Mayberry Street Elementary School
Public,•K-6•0.7mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•0.7mi
5/10
Micheltorena Street Elementary School
Public,•K-5•0.7mi
/10
Lake Street Primary School
Public,•K-1•0.8mi
6/10
Dayton Heights Elementary School
Public,•K-5•0.8mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•0.9mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•1.0mi
8/10
Clifford Street Elementary School
Public,•K-6•1.2mi
/10
Lexington Avenue Primary Center
Public,•K-2•1.3mi
8/10
Franklin Avenue Elementary School
Public,•K-6•2.0mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•2.0mi
8/10
Allesandro Elementary School
Public,•K-6•2.1mi
9/10
Ivanhoe Elementary School
Public,•K-5•2.1mi
5/10
Virgil Middle School
Public,•6-8•1.0mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.2mi
6/10
Irving STEAM Magnet
Public,•6-8•3.3mi
3/10
Belmont Senior High School
Public,•9-12•1.4mi
8/10
John Marshall Senior High School
Public,•9-12•2.0mi

Price History

Date
Event
Price
05/31/24
Sold
$1,400,000
Condition Rating
Excellent
Despite being built in 1909, the property has undergone a beautiful and extensive modern remodel, as evidenced by the description and images. The kitchen features high-end, modern appliances (e.g., professional-style range), sleek cabinetry, marble countertops and backsplash, and contemporary lighting. Bathrooms are also fully updated with modern floating vanities, stylish fixtures, and new tiling. The addition of a detached ADU built in 2020 further solidifies its 'virtually new' status, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Income-Generating ADU: Features a recently built (2020) detached 1-bedroom, 1-bath ADU, providing significant rental income potential or flexible living arrangements for extended family.
Development Potential: Situated on an RD1.5-zoned lot, this property offers outstanding potential for future development, adding significant long-term value.
Prime Location & Walkability: Located in the highly sought-after Silver Lake/Echo Park area, offering excellent walkability to Sunset Blvd’s trendy cafes and restaurants, plus quick freeway access.
Historic Charm with Modern Upgrades: A beautifully remodeled 1909 Craftsman-style home that seamlessly blends historic character, including real wood built-ins and a covered front porch, with modern updates like marble-finished bathrooms.
Desirable City Views: The property boasts stunning downtown skyline views, enhancing its aesthetic appeal and overall market desirability.

Cons

Age-Related Maintenance: Despite extensive remodeling, the 1909 main residence may still present ongoing maintenance challenges or require specialized care typical of historic properties.
Urban Environment Drawbacks: Its prime, walkable location near Sunset Blvd and freeway access, while convenient, may also expose residents to increased noise levels and traffic congestion.
Potential for Limited Private Yard Space: With both a main house and a detached ADU on the lot, the available private outdoor space for gardening or recreation might be more constrained than some buyers desire.

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