706 N Occidental Boulevard, Los Angeles, California 90026, Los Angeles, 90026 - 4 bed, 3 bath
ACTIVE$2,095,000$2,754/sqft
Est. Value: $2,038,524
-2%
FairlyEstimate
706 N Occidental Boulevard, Los Angeles, California 90026
4Beds
3Baths
2,754Sqft
6,920Lot
Price Vs. Estimate
The estimated value ($2,038,523.72) is $56,476.28 (2%) lower than the list price ($2,095,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Top Cons:
Unverified Basement Restroom Permits: The description notes a 'bonus basement restroom (buyer to verify permits)', indicating potential unpermitted construction that could lead to legal or financial complications for the buyer.
Compared to the nearby listings
Price:$2.10M vs avg $1.52M (+$578,392.5)84%
Size:2,754 sqft vs avg 1,590 sqft88%
Price/sqft:$761 vs avg $96032%
More Insights
Built in 1909 (117 years old).
Condition: Despite being built in 1909, the property has undergone a beautiful and extensive recent renovation, as confirmed by the listing description and images. The detached ADU was built in 2020, making it virtually new. The main house features a completely remodeled kitchen with high-end, modern appliances, custom wood cabinetry, marble countertops and backsplash, and stylish gold-toned fixtures. All bathrooms are also extensively updated with modern floating vanities, marble-look tile showers, and contemporary fixtures. Flooring throughout is new, and lighting is updated with recessed lights and modern fixtures. All visible components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1909
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$761
HOA
-
Days on market
-
Sold On
-
MLS number
RS26009685
Home ConditionExcellent
Features
Excellent View: City Lights
Patio
ViewCity Lights
About this home
Introducing a rare opportunity in the heart of Silver Lake/Echo Park, this beautifully remodeled 1909 Craftsman blends timeless character with modern upgrades and income potential. Offering approximately 2,062 sq ft, the two-story residence features 4 bedrooms, 3 updated marble-finished bathrooms, a covered front porch, real wood built-ins with marble countertops, and distinctive attic and basement spaces, including a bonus basement restroom (buyer to verify permits). A detached 1-bedroom, 1-bath ADU built in 2020 (approx. 692 sq ft) provides excellent supplemental income or extended family flexibility. Ideally located approximately 1 mile from major medical centers, Echo Park, USC, UCLA, and the LA Medical Center, and just 2 miles from Dodger Stadium, the property also offers downtown skyline views, walkability to Sunset Blvd dining and cafes, and convenient freeway access. Enhanced by twilight photography to showcase lifestyle and ambiance, this RD1.5-zoned property presents a compelling opportunity for owner-users, investors, or future development in one of Los Angeles’ most sought-after neighborhoods.
M
Mark Perez
Listing Agent
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 recent renovation, as confirmed by the listing description and images. The detached ADU was built in 2020, making it virtually new. The main house features a completely remodeled kitchen with high-end, modern appliances, custom wood cabinetry, marble countertops and backsplash, and stylish gold-toned fixtures. All bathrooms are also extensively updated with modern floating vanities, marble-look tile showers, and contemporary fixtures. Flooring throughout is new, and lighting is updated with recessed lights and modern fixtures. All visible components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Income Potential & Flexibility: Features a detached 1-bedroom, 1-bath ADU built in 2020, providing excellent supplemental income opportunities or flexible living arrangements for extended family.
Prime Location & Accessibility: Ideally situated in the highly sought-after Silver Lake/Echo Park area, offering walkability to Sunset Blvd dining and cafes, proximity to major medical centers, USC, UCLA, Dodger Stadium, and convenient freeway access.
Historic Charm with Modern Upgrades: A beautifully remodeled 1909 Craftsman that seamlessly blends timeless architectural character with modern amenities, including updated marble-finished bathrooms and real wood built-ins.
Investment & Development Potential: The RD1.5 zoning presents a compelling opportunity for owner-users, investors, or future development in a desirable Los Angeles neighborhood.
Desirable Views: Offers attractive downtown skyline views, enhancing the property's appeal and living experience.
Cons
Unverified Basement Restroom Permits: The description notes a 'bonus basement restroom (buyer to verify permits)', indicating potential unpermitted construction that could lead to legal or financial complications for the buyer.
Age-Related Maintenance Concerns: While remodeled, the main residence was built in 1909, suggesting that some original systems or structural elements may require ongoing maintenance or future replacement not covered by recent cosmetic upgrades.
Significant Recent Price Appreciation: The property was sold for $1.4 million in May 2024 and is now listed at $2.095 million, a substantial increase in a short timeframe that warrants careful market analysis to justify the current asking price.