Opportunity is knocking in prime 90026. Perched above the street just minutes from Echo Park Lake, this single-family home offers strong upside for investors, builders, or savvy end-users looking to create value.
Situated on a generously sized lot with elevated positioning and potential DTLA skyline views (with tree trimming), the property presents a rare chance to secure the lowest-priced single-family home currently on the market in the zip code. Street parking only.
Ideal for renovation, repositioning, or long-term hold in one of LA’s most dynamic neighborhoods.
Sold for $500,000
Listed by: Keller Williams Realty • Melanie Guillen • Contact: 323-702-3850
Bought with: EstateX inc.
$500,000
1523 Cortez St, Los Angeles, CA 90026
3beds
491sqft
Single Family Residence
Built in 1921
4,771 Square Feet Lot
$501,100 Zestimate®
$1,018/sqft
$3,041 Estimated rent
Home value
$501,100
$456,000 - $551,000
$3,041/mo
Zestimate® history
Owner options
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$3,041/mo
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$3,231/mo
Est. payment
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$3,231/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Melanie Guillen DRE #01322895 323-702-3850,
Keller Williams Realty
Bought with:
Alberto Araujo, DRE #02042545
EstateX inc.
Source: CRMLS,MLS#: DW26032756
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Living Room
Cooling
- None
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 491 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: City Lights
Lot
- Size: 4,771 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5160002013
- Zoning: LACW
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $1,018/sqft
- Tax assessed value: $686,664
- Annual tax amount: $8,329
- Date on market: 2/12/2026
- Cumulative days on market: 29 days
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Sold | $500,000+0.2%$1,018/sqft |
Source:  CRMLS #DW26032756 Report a problem | ||
| 3/16/2026 | Pending sale | $499,000$1,016/sqft |
Source: CRMLS #DW26032756 Report a problem | ||
| 2/13/2026 | Listed for sale | $499,000-16.8%$1,016/sqft |
Source: CRMLS #DW26032756 Report a problem | ||
| 8/18/2025 | Listing removed | $600,000$1,222/sqft |
Source:  SDMLS #DW23221604 Report a problem | ||
| 6/23/2025 | Listed for sale | $600,000$1,222/sqft |
Source: SDMLS #DW23221604 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,329 +1% | $686,664 +2% |
| 2024 | $8,244 +1.9% | $673,200 +2% |
| 2023 | $8,087 +474.6% | $660,000 +522.3% |
| 2022 | $1,407 +1.5% | $106,062 +2% |
| 2021 | $1,387 -0.8% | $103,983 +1% |
| 2020 | $1,398 | $102,918 +2% |
| 2019 | $1,398 +5.5% | $100,901 +2% |
| 2018 | $1,325 | $98,924 +2% |
| 2017 | $1,325 +4.9% | $96,985 +2% |
| 2016 | $1,264 +2.5% | $95,084 +1.5% |
| 2015 | $1,232 +0.1% | $93,657 +2% |
| 2014 | $1,231 | $91,823 +2.5% |
| 2012 | -- | $89,618 +2% |
| 2011 | -- | $87,861 +0.8% |
| 2010 | -- | $87,206 -0.2% |
| 2009 | -- | $87,414 +2% |
| 2008 | -- | $85,701 +2% |
| 2007 | -- | $84,022 +2% |
| 2006 | -- | $82,375 |
| 2005 | -- | $82,375 +4% |
| 2004 | -- | $79,178 +1.9% |
| 2003 | -- | $77,727 +2% |
| 2002 | -- | $76,204 +4% |
| 2000 | -- | $73,247 |
Find assessor info on the county website
Neighborhood: Westlake
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Nearby schools
GreatSchools rating
- 4/10Betty Plasencia Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Sal Castro Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Belmont Senior High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$501,100
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
$501,100
- California
- Los Angeles County
- Los Angeles
- 90026
- Westlake
- 1523 Cortez St
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