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1506 Scott Ave, Los Angeles, CA, 90026
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Commercial sold for $1,725,000 in 80 days

1506 Scott Ave Los Angeles, CA, 90026

Off the market Other

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Attractive finance options with seller 1st Trust Deed carryback (minimum 35% down) offers ideal opportunity for owner occupancy. Charming, extensively renovated and nicely landscaped 6-unit property comprised of 3 individual duplexes in prime hills of Echo Park above Sunset Blvd between Echo Park Blvd and Elysian Park. Five of the one bedroom/one bathroom units have has been uniquely renovated, 5 of 6 having dedicated private yards. A short distance to everything Echo Park has to offer, including the Friday farmer's market, Lassen's, Cookbook Canyon Coffee, Bacetti Trattoria, and so much more. Property improvements include upgraded electric/gas meters, on-site laundry room, copper plumbing, newer roofs, and upgraded sewer line. The property is under the City of Los Angeles Rent Stabilization Ordinance. PLEASE DO NOT DISTURB TENANTS. PLEASE DO NOT LOOK THROUGH WINDOWS OR HEDGES.
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Property details

2,652 sqft interior area
Land area
7,024 sqft (0.16 acres)
Address
1506 Scott Ave, Los Angeles, CA, 90026
City of California
Los Angeles
County
Los Angeles
Year Built
1922
District
Listing

Nearby major retailers

Costco
Whole Foods Market
T-Mobile
Albertsons
Toyota
Trader Joe's
Wholesale: 1
Supermarket: 6
Mobile phone: 6
Car: 2
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Interior Features

Garage & Parking
None

Listed by

Peter V Buonocore, Keller Williams Larchmont
Name
Peter V Buonocore
License number
01279107
Brokerage company
Keller Williams Larchmont
MLS #
CL24355179

Buyer agent

Name
Peter V Buonocore
Brokerage company
Keller Williams Larchmont

Payment calculator

Calculate your monthly payments
Mortgage
$5,297
Taxes
$0
HOA dues
$0
$5,297 per month
Mortgage
$345,000 / 20%
2.28%
30 years
Your amount $5,297 / month

Lot details

TMK #5419025020
Parcel nr.
5419025020

90026 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 90026

38%
Families with children
National average: 39%
53%
Non family households
675,212
Population
$70,455
Average Income

Age & gender

Median age 36 years
More info

Commute types

64% commute by car
More info

Education level

24% have not graduated education
More info

Number of employees

1% work in retail trade
More info

Vehicles available

46% have 1 vehicle
More info

Vehicles by gender

46% have 1 vehicle
More info

Housing market insights for

$1.19m
Neighborhood average
sales price*
$968.75k
Neighborhood median
sales price*
586
Number
of sales*

Housing type

40% are apartments
More info

Rooms

36% of the houses have 2 or 3 rooms
More info

Bedrooms

40% have 2 or 3 bedrooms
More info

Owners vs Renters

81% are renters
More info
14.17 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Sold Apr 24, 2024
Date Event Price $/sqft Source
Apr 24, 2024 Sold $1,725,000 0 Public Record
Apr 24, 2024 Price Decrease $1,725,000 -1.43% 0 MLS #CL24355179
Mar 5, 2024 Pending $1,750,000 0 MLS #CL24355179
Feb 5, 2024 New Listing $1,750,000 0 MLS #CL24355179
Feb 6, 2024 Withdrawn $1,750,000 0 MLS #CL23312441
Jan 27, 2024 Price Increase $1,750,000 +3.24% 0 MLS #CL23312441
Jan 21, 2024 For sale $1,695,000 0 MLS #CL23312441
Dec 22, 2023 Temporarily Withdrawn $1,695,000 0 MLS #CL23312441
Dec 15, 2023 Pending $1,695,000 0 MLS #CL23312441
Nov 13, 2023 For sale $1,695,000 0 MLS #CL23312441
Oct 24, 2023 Unavailable $1,695,000 0 MLS #CL23312441
Oct 13, 2023 Under contract $1,695,000 0 MLS #CL23312441
Sep 18, 2023 New Listing $1,695,000 0 MLS #CL23312441

Taxes of 1506 Scott Ave, Los Angeles, CA, 90026

LAR2 zoning / MLS #CL24355179
Zoning
LAR2

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Frequently Asked Questions about 1506 Scott Ave

What is 1506 Scott Ave?

1506 Scott Ave is a Commercial/Industrial propertywith 2,652 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

1506 Scott Ave, Los Angeles, CA, 90026.

What comparable properties are nearby?

Comparable nearby commercial properties include 1427 Laveta, 1120 Logan St, 1600 N Alvarado St, 1242 Lilac Pl, 1259 Vin Scully Ave, 907 Glendale Blvd.

Based on information from the bridgeMLS as of 05-15-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Apr 24, 2024
Verhouse Last checked 5 minutes ago


The closest grocery stores are Vons 3263, 0.41 miles away and Bob's Market, 0.81 miles away.
The 90026 zip area has a population of 675,212, and 38% of the families have children. The median age is 36 years and 64% commute by car. The most popular housing type is "apartment" and 81% is renter.
Commercial Sold $1.73m 1506 Scott Ave, Los Angeles, CA, 90026 Save House Remove from Saved