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Sold for $940,680
  • $940,680

    1471 Wallace Ave, Los Angeles, CA 90026

    2beds
    619sqft
    Residential, Single Family Residence
    Built in 1920
    2,774 Square Feet Lot
    $940,400 Zestimate®
    $1,520/sqft
    $2,850 Estimated rent

    Home value

    $940,400

    $856,000 - $1.03M

    $2,850/mo

    Zestimate® history
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    What's special

    Sunlit kitchenOpen-concept layoutHardwood floorsSpacious outdoor patioPrivate laundry room
    1471 Wallace Avenue is a cozy, bright 2-bed, 1-bath bungalow that checks all the boxes for first-time buyers, creatives, and young families looking to own in one of Echo Park's most iconic enclaves. Perched in the hills of historic Angeleno Heights, this fully updated and well-cared-for home exudes pride of ownership and offers a blend of character, comfort, and smart design. Inside, you'll find an open-concept layout, hardwood floors, and a sunlit kitchen that flows directly to a spacious outdoor patio -- perfect for alfresco dining, entertaining, or winding down under the stars. The front and back yards are beautifully landscaped and ideal for anyone who loves to garden, relax, or host. The 9x9 detached bonus shed with A/C, electricity, and wired internet is perfect for a home office, creative studio, or gaming room. Additional highlights include a private laundry room and 1-car parking. Just down the hill from Echo Park Lake and minutes from local parks, cafes, and hotspots across Echo Park, Silver Lake, and Elysian Park. Eligible for a $20,000 grant toward closing costs--no repayment required. Great value--this gem won't last!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jed Inductivo DRE # 02135816 917-601-0038,

    Compass 310-652-6285

    Bought with:

    Sharon Baum Crawford, DRE # 02103071

    Beverly and Company, Inc.

    Source: CLAW,MLS#: 25589397MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Dining Area, Patio Enclosed
    Bathroom
    • Features: Shower Over Tub
    Heating
    • Combination
    Cooling
    • Zoned
    Appliances
    • Included: Gas/Electric Range, Dishwasher, Dryer, Washer, Disposal, Range/Oven, Refrigerator, Water Heater Unit
    • Laundry: In Unit, Inside, Laundry Area
    Features
    • Open Floorplan, Turnkey, Recessed Lighting, Dining Area
    • Flooring: Wood
    • Doors: French Doors
    • Windows: Double Pane Windows
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: Detached/No Common Walls
    Interior area
    • Total structure area: 619
    • Total interior livable area: 619 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport, Driveway, Garage - 1 Car, Private, Gated
    • Has garage: Yes
    • Carport spaces: 1
    • Uncovered spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground Level w/steps
    • Patio & porch: Enclosed, Deck, Patio, Wood
    • Pool features: None
    • Spa features: None
    • Fencing: Wood,Wrought Iron,Fenced
    • Has view: Yes
    • View description: City, City Lights
    • Waterfront features: None
    Lot
    • Size: 2,774 Square Feet
    • Features: Hillside
    Details
    • Additional structures: Shed(s)
    • Parcel number: 5405008025
    • Zoning: LARD3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Residential, Single Family Residence
    Materials
    • Lap Siding
    • Foundation: Raised
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • Year built: 1920

    Utilities & green energy

    • Sewer: In Street
    • Water: Public

    Community & HOA

    Community
    • Security: Gated
    HOA
    • Has HOA: No
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $1,520/sqft
    • Tax assessed value: $429,181
    • Annual tax amount: $5,155
    • Date on market: 9/9/2025
    • Exclusions: ALL Staged Items including but not limited to Home Decor, Beds, Tables, Chairs, Artwork, Magazines, Books, Kitchen furnishings, Plants, Patio Furniture Etc.

    Price history

    DateEventPrice
    10/15/2025Sold$940,680+17.6%$1,520/sqft
    Source: CLAW #25589397 Report a problem
    9/29/2025Pending sale$800,000$1,292/sqft
    Source: CLAW #25589397 Report a problem
    9/19/2025Contingent$800,000$1,292/sqft
    Source: CLAW #25589397 Report a problem
    9/9/2025Listed for sale$800,000+138.8%$1,292/sqft
    Source: CLAW #25589397 Report a problem
    10/19/2010Sold$335,000-2.9%$541/sqft
    Source: Public Record Report a problem
    7/16/2010Listed for sale$345,000-1.4%$557/sqft
    Source: Newstar Realty #10-454821 Report a problem
    6/10/2004Sold$350,000+42.9%$565/sqft
    Source: Public Record Report a problem
    6/2/2003Sold$245,000+32.4%$396/sqft
    Source: Public Record Report a problem
    1/8/2003Sold$185,000+77.9%$299/sqft
    Source: Public Record Report a problem
    5/15/1996Sold$104,000+395.2%$168/sqft
    Source: Public Record Report a problem
    2/23/1995Sold$21,000$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,155 +1.2%$429,181 +2%
    2024$5,094 +2%$420,766 +2%
    2023$4,993 +5%$412,516 +2%
    2022$4,757 +1.3%$404,429 +2%
    2021$4,698 -1%$396,500 +1%
    2020$4,743 $392,435 +2%
    2019$4,743 +4.8%$384,742 +2%
    2018$4,528 $377,199 +2%
    2017$4,528 +2.3%$369,804 +2%
    2016$4,424 +2.3%$362,554 +1.5%
    2015$4,324 +1.1%$357,109 +2%
    2014$4,278 $350,114 +2.5%
    2012-- $341,700 +2%
    2011-- $335,000 +15.9%
    2010-- $289,100
    2009-- $289,100 -23.7%
    2008-- $378,849 +2%
    2007-- $371,422 +2%
    2006-- $364,140
    2005-- $364,140 +45.9%
    2004-- $249,573 +109.2%
    2003-- $119,284 +2%
    2002-- $116,946 +4%
    2000-- $112,407
    Find assessor info on the county website

    Neighborhood: Echo Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $940,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $940,400