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1519 Morton Terrace, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 1 bath

1519 Morton Terrace, Los Angeles, California 90026 home-pic-0
ACTIVE UNDER CONTRACT$850,000
1519 Morton Terrace, Los Angeles, California 90026
2Beds
1Bath
620Sqft
1,625Lot
Year Built
1914
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$1,371
HOA
-
Days on market
-
Sold On
-
MLS number
25565281
Home ConditionExcellent
Features
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $850.0K(9th), sqft - 620(5th), beds - 2(38th), baths - 1(24th).

Location, location, location!! In the heart of Echo Park, at the edge of Elysian Park, on a secluded street, you will find this adorable 2 bedroom, 1 bath bungalow. Sip your morning coffee in the private and peaceful backyard, enveloped in blooming foliage, or relax on your front porch and enjoy the quiet. Inside, the large picture window floods the space with natural light making the space feel much larger than it is. Upgrades include a recently remodeled kitchen and bathroom, 200 amp electrical panel, and newly installed central heating and air conditioning. The detached shed houses the washer/dryer and provides additional storage. An incredibly sweet condo alternative in a prime location. There is parking for one car, easy access to freeways and all that thriving Echo Park has to offer such as, Cook Book, Canyon Coffee, Bacetti,Valerie, and Elysian Park. Eligible for a $20,000 level up grant through City National Bank.

Nearby schools

3/10
Elysian Heights Elementary School
Public,•K-6•0.4mi
8/10
Clifford Street Elementary School
Public,•K-6•0.5mi
2/10
Mayberry Street Elementary School
Public,•K-6•0.8mi
7/10
Dorris Place Elementary School
Public,•K-6•1.0mi
4/10
Betty Plasencia Elementary School
Public,•K-6•1.2mi
7/10
Solano Avenue Elementary School
Public,•K-6•1.2mi
8/10
Allesandro Elementary School
Public,•K-6•1.2mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•1.3mi
5/10
Micheltorena Street Elementary School
Public,•K-5•1.4mi
6/10
Castelar Street Elementary School
Public,•K-5•1.5mi
/10
Lake Street Primary School
Public,•K-1•1.5mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•1.8mi
2/10
Logan Street Elementary School
Public,•K-8•0.5mi
3/10
Sal Castro Middle School
Public,•6-8•1.6mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.9mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.9mi
5/10
Virgil Middle School
Public,•6-8•2.4mi
6/10
Irving STEAM Magnet
Public,•6-8•2.5mi
3/10
Belmont Senior High School
Public,•9-12•1.6mi
8/10
John Marshall Senior High School
Public,•9-12•2.2mi

Price History

Date
Event
Price
07/14/25
$850,000
09/16/22
Sold
$826,500
05/17/13
Sold
$324,500
Condition Rating
Excellent
Despite being built in 1914, the property has undergone extensive and recent renovations, including a remodeled kitchen and bathroom, a new 200 amp electrical panel, and newly installed central heating and air conditioning. The images confirm a modern, clean aesthetic with new-looking appliances, fixtures, and flooring throughout, bringing the property's condition to current quality standards with no apparent deferred maintenance.
Pros & Cons

Pros

Prime Location: Situated in the highly desirable Echo Park neighborhood, at the edge of Elysian Park on a secluded street, offering excellent access to freeways and local amenities like popular cafes and restaurants.
Extensive Recent Upgrades: The property boasts a recently remodeled kitchen and bathroom, a new 200 amp electrical panel, and newly installed central heating and air conditioning, providing modern comfort and reduced immediate maintenance.
Charming Outdoor Spaces: Features a private and peaceful backyard enveloped in blooming foliage, along with a front porch, enhancing the property's appeal for relaxation and outdoor enjoyment.
Abundant Natural Light: A large picture window floods the interior with natural light, making the 620 sqft bungalow feel more spacious and inviting.
Financial Incentive: The property is eligible for a $20,000 'level up' grant through City National Bank, offering a significant financial benefit to potential buyers.

Cons

Compact Living Space: With only 620 square feet of living space and a 1625 sqft lot, the property is quite small, which may limit its appeal to buyers seeking more room or potential for expansion.
Limited Parking: The property offers parking for only one car, which can be a significant drawback in a dense urban area like Los Angeles.
High Price Per Square Foot: At a list price of $850,000 for 620 sqft, the property commands a very high price per square foot, potentially impacting its market competitiveness for some buyers.

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