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1475 Wallace Ave, Los Angeles, CA 90026

Sale Price: $1,160,000
May 21, 2025737 sqft2 beds1 baths
Listed by: Isabel Velez
License #: 01848089
Phone #: 818-335-4186
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: 25541601

Property Description

Nestled in the historic Angelino Heights neighborhood, this 1914 Mills Act-designated home combines timeless charm with modern comfort. Vaulted ceilings and tree-lined views create a bright, tranquil atmosphere, offering a unique hillside retreat. The kitchen features Statuario Arabescato marble countertops and backsplash, an ILVE Italian range, panel-ready Fisher & Paykel fridge, unlacquered brass fixtures, and a reverse osmosis water system, all thoughtfully integrated into an efficient, compact layout. A custom-built marble shelving niche in the living room adds an extra touch of elegance. The bathroom includes a glass-enclosed shower with Moroccan Zellige tiles, Carrara marble penny floor tiles, an exposed brass shower system, and slate flooring offering both style and function in perfect harmony. Additional highlights include a separate laundry room with LG washer/dryer, underfloor split system HVAC, EV charger in the driveway, and a private back patio that provides a peaceful space for relaxation or entertaining. Located just a short distance from Echo Park Lake and the vibrant Cookbook market strip on Sunset, this home is surrounded by Echo Park's best gems: Bacetti, Tilda Wine Bar, Lady Byrd Cafe, and the scenic trails of Elysian Park. With its Mills Act-designation, the home provides substantial property tax savings, offering a rare opportunity to enjoy historic elegance with financial benefits.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,039

TurboHome Estimated Value

$998,800

$1,355 sqft

High Valuation
$1,048,740
$1423/sqft
Normal Valuation
$998,800
$1355/sqft
Low Valuation
$948,860
$1287/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1355/sqft$998,800

Neighborhood: Echo Park

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Comparative Value

$675K

$750K

$810K

$995K

$1.14M

$1.16M

1206 Douglas St, Los Angeles, CA 90026

Sale Price: $675,000

Selected Comparable

1701 Clinton St 319, Los Angeles, CA 90026

Sale Price: $750,000

Selected Comparable

1701 Clinton St 205, Los Angeles, CA 90026

Sale Price: $810,000

Selected Comparable

1475 Wallace Ave, Los Angeles, CA 90026

List Price: $995,000

Subject Property

1710 Morton Walk, Los Angeles, CA 90026

Sale Price: $1,142,000

Selected Comparable

1475 Wallace Ave, Los Angeles, CA 90026

Sale Price: $1,160,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1475 Wallace Ave, Los Angeles, CA 90026

1475 Wallace Ave, Los Angeles, CA 90026

List: $995,000

Listed: 5/21/2025

Area:737 sqft
Price/sqft:$1,350
Beds:2
Baths:1
Year Built:
Lot Size:2,130

Comparable Properties

COMPARABLE
Choose comps
1475 Wallace Ave, Los Angeles, CA 90026

1475 Wallace Ave, Los Angeles, CA 90026

Sale: $1,160,000

7/10/20250.00 mi

Area:737 sqft
Price/sqft:$1,574
Beds:2
Baths:1
Year Built:
Weight:22.5%
1206 Douglas St, Los Angeles, CA 90026

1206 Douglas St, Los Angeles, CA 90026

Sale: $675,000

7/23/20250.29 mi

Area:715 sqft
Price/sqft:$944
Beds:2
Baths:1
Year Built:
Weight:21.7%
1701 Clinton St 205, Los Angeles, CA 90026

1701 Clinton St 205, Los Angeles, CA 90026

Sale: $810,000

7/2/20250.34 mi

Area:834 sqft
Price/sqft:$971
Beds:2
Baths:1
Year Built:
Weight:19.8%
1701 Clinton St 319, Los Angeles, CA 90026

1701 Clinton St 319, Los Angeles, CA 90026

Sale: $750,000

6/6/20250.34 mi

Area:875 sqft
Price/sqft:$857
Beds:2
Baths:1
Year Built:
Weight:18.6%
1710 Morton Walk, Los Angeles, CA 90026

1710 Morton Walk, Los Angeles, CA 90026

Sale: $1,142,000

5/1/20250.81 mi

Area:722 sqft
Price/sqft:$1,582
Beds:2
Baths:2
Year Built:
Weight:17.4%

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