1637 Mccollum, Los Angeles, California 90026, Los Angeles, 90026 - 1 bed, 1 bath
ACTIVE UNDER CONTRACT$1,033,000
1637 Mccollum, Los Angeles, California 90026
1Bed
1Bath
624Sqft
5,988Lot
Year Built
1953
Close
-
List price
$1.03M
Original List price
$1.03M
Price/Sqft
$1,655
HOA
-
Days on market
-
Sold On
-
MLS number
CV25269603
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $1.03M(15th), sqft - 624(5th), beds - 1(7th), baths - 1(24th).
Opportunity abounds on this unique beauty. Property line starts on Mc Collum Place and extends all the way to Benton Way! Access on two separate streets makes this ideal for building your dream and having a private rental unit. Or how about an ADU for an extended family. maybe split the property into two separate parcels? So many options await you and your imagination. Come by and see how you can make this your dream. How about a cozy starter home conveniently located near Sunset Blvd, shopping, dining, entertainment and so much more.
Nearby schools
2/10
Mayberry Street Elementary School
Public,•K-6•0.2mi
8/10
Clifford Street Elementary School
Public,•K-6•0.5mi
5/10
Micheltorena Street Elementary School
Public,•K-5•0.6mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•1.3mi
8/10
Allesandro Elementary School
Public,•K-6•1.3mi
6/10
Dayton Heights Elementary School
Public,•K-5•1.3mi
/10
Lexington Avenue Primary Center
Public,•K-2•1.3mi
/10
Lake Street Primary School
Public,•K-1•1.4mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•1.4mi
9/10
Ivanhoe Elementary School
Public,•K-5•1.5mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•1.6mi
8/10
Franklin Avenue Elementary School
Public,•K-6•1.7mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•1.9mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.0mi
5/10
Virgil Middle School
Public,•6-8•1.7mi
6/10
Irving STEAM Magnet
Public,•6-8•2.5mi
8/10
John Marshall Senior High School
Public,•9-12•1.6mi
3/10
Belmont Senior High School
Public,•9-12•1.8mi
Price History
Date
Event
Price
12/03/25
Listing
$1,033,000
Condition Rating
Poor
Built in 1953, this property is an older structure that requires substantial repairs and rehabilitation. The kitchen and bathroom are extremely outdated, featuring old cabinets, laminate countertops, and basic fixtures, all indicative of needing complete overhauls. The interior finishes, including flooring, are also very dated and show significant wear. The listing description itself highlights that the primary value lies in the land and its development potential, explicitly stating the home will 'likely require extensive renovations, updates, or a complete rebuild.' While potentially livable, it would be very uncomfortable and inefficient in its current state, necessitating major system replacements and extensive modernization to meet contemporary standards.
Pros & Cons
Pros
Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Exceptional Development Potential: The property boasts dual street access (McCollum Place and Benton Way) and a generous 5,988 sqft lot, offering significant opportunities for building, adding an ADU, or potentially splitting into two separate parcels.
Prime Location: Conveniently located near Sunset Blvd, providing easy access to a vibrant array of shopping, dining, and entertainment options in the highly desirable Silver Lake - Echo Park area of Los Angeles.
Versatile Investment Opportunity: This property appeals to a broad range of buyers, from those seeking a cozy starter home to investors looking for substantial development projects or opportunities for rental income through an ADU.
Good School Access: The location offers proximity to multiple public schools, including several with high ratings, making it an attractive option for families.
Unique Dual Street Access: The rare feature of access from two distinct streets (McCollum Place and Benton Way) provides unparalleled flexibility for design, privacy, and future expansion or subdivision.
Cons
Small Existing Structure: The current dwelling is very compact at only 624 sqft with 1 bedroom and 1 bathroom, suggesting that the primary value lies in the land and its development potential rather than the existing home.
High Price for Current Home: The list price of $1.033 million is substantial for the existing small structure, indicating that a significant portion of the investment is for the land and its future development, not the move-in ready value of the house.
Older Property Requiring Investment: Built in 1953, the home is likely to require extensive renovations, updates, or a complete rebuild to maximize its potential, which will add considerable cost and effort for the buyer.