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1380 Allison Avenue, Los Angeles, California 90026, Los Angeles, 90026 - 1 bed, 1 bath

1380 Allison Avenue, Los Angeles, California 90026 home-pic-0
ACTIVE$699,999
1380 Allison Avenue, Los Angeles, California 90026
1Bed
1Bath
804Sqft
4,008Lot
Year Built
1940
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$871
HOA
-
Days on market
-
Sold On
-
MLS number
DW25030308
Home ConditionPoor
Features
Good View: Neighborhood
Deck
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 23% below the list price. We found 4 Cons,5 Pros. Rank: price - $700.0K(6th), sqft - 804(13th), beds - 1(7th), baths - 1(24th).

Great location located in the Angelino Heights Section of Los Angeles. This is a great opportunity ideal for the investor looking to build or develop or a buyer looking to add or do some minor TLC to the external Structure. Currently its a single family residence built over an oversized 2 car garage. The C-2 zoning is designed for a mixture of office, retail, personal or business plus allowing residential. The property consists of a 1 bedroom/1 bath with approximately 804 square feet with an additional den/office area. The view is ideally overlooking Sunset Blvd. Patio deck has washer/dryer hookups, structure is located in the front of the lot. The lot size consists of 4,008 square feet as per assessor. Located in the desirable Echo Park- Angelino Heights neighborhood and in walking distance from Dodger stadium and as previously mentioned in a great centralized location. Property to be sold "as is". This is an Investors delight or for a homeowner with a background in construction.

Nearby schools

4/10
Betty Plasencia Elementary School
Public,•K-6•0.5mi
6/10
Castelar Street Elementary School
Public,•K-5•0.9mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•1.0mi
2/10
Mayberry Street Elementary School
Public,•K-6•1.1mi
3/10
Elysian Heights Elementary School
Public,•K-6•1.1mi
/10
Lake Street Primary School
Public,•K-1•1.1mi
7/10
Solano Avenue Elementary School
Public,•K-6•1.2mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•1.2mi
8/10
Clifford Street Elementary School
Public,•K-6•1.2mi
7/10
Dorris Place Elementary School
Public,•K-6•1.5mi
5/10
Micheltorena Street Elementary School
Public,•K-5•1.7mi
8/10
Allesandro Elementary School
Public,•K-6•1.9mi
2/10
Logan Street Elementary School
Public,•K-8•0.5mi
3/10
Sal Castro Middle School
Public,•6-8•1.0mi
5/10
Florence Nightingale Middle School
Public,•6-8•2.1mi
5/10
Virgil Middle School
Public,•6-8•2.3mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.3mi
6/10
Irving STEAM Magnet
Public,•6-8•3.1mi
3/10
Belmont Senior High School
Public,•9-12•1.0mi
8/10
John Marshall Senior High School
Public,•9-12•2.8mi

Price History

Date
Event
Price
09/17/25
Sold
$500,000
Condition Rating
Poor
The property was built in 1940 and is explicitly marketed 'as is' for an 'investor looking to build or develop or a homeowner with a background in construction.' While the description mentions 'minor TLC to the external Structure,' the overall context strongly suggests the interior, including the kitchen and bathroom, is severely outdated and requires substantial repairs and rehabilitation. There are no indications of recent renovations, and the property's value is likely tied more to its development potential (C-2 zoning) than the existing structure's livability. The current condition would be very uncomfortable to live in and requires significant investment to meet modern standards.
Pros & Cons

Pros

Prime Location: Located in the highly desirable Angelino Heights section of Los Angeles, offering a centralized position within the Echo Park neighborhood and walking distance to Dodger Stadium.
Flexible C-2 Zoning: The C-2 zoning allows for significant development potential, accommodating a mixture of office, retail, personal/business, and residential uses, ideal for investors.
Investor/Development Opportunity: Explicitly marketed as an 'Investors delight' or for buyers with a construction background, indicating strong potential for building, developing, or adding value.
Oversized 2-Car Garage: Features an oversized 2-car garage, a valuable asset for parking and storage in an urban environment.
Neighborhood View: Offers a desirable view overlooking Sunset Blvd, enhancing the property's appeal.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-09-17. The sold price is $500,000.00.
As-Is Condition & Required Investment: The property is sold 'as-is' and requires 'minor TLC to the external structure' or significant development, implying immediate capital investment and potential for unforeseen issues.
Small Current Living Space: With only 1 bedroom, 1 bath, and 804 square feet, the existing single-family residence is very compact, limiting its appeal for traditional homeowners seeking more space.
Overpriced Relative to Estimation: The list price of $699,999 is significantly higher than the estimated value of $536,900, suggesting a potential overvaluation based on its current condition and requiring justification through its development potential.

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