Back 1471 Wallace Avenue
Off Market

1471 Wallace Avenue

Los Angeles CA 90026

2
1
1
619 sq. ft.
2774 sq. ft.
Single-Family
Last sold for $940,680
Jed InductivoJed Inductivo, last sold this property on 15 October 2025 after 36 days on market.

Overview

1471 Wallace Avenue is a cozy, bright 2-bed, 1-bath bungalow that checks all the boxes for first-time buyers, creatives, and young families looking to own in one of Echo Park's most iconic enclaves. Perched in the hills of historic Angeleno Heights, this fully updated and well-cared-for home exudes pride of ownership and offers a blend of character, comfort, and smart design. Inside, you'll find an open-concept layout, hardwood floors, and a sunlit kitchen that flows directly to a spacious outdoor patio -- perfect for alfresco dining, entertaining, or winding down under the stars. The front and back yards are beautifully landscaped and ideal for anyone who loves to garden, relax, or host. The 9x9 detached bonus shed with A/C, electricity, and wired internet is perfect for a home office, creative studio, or gaming room. Additional highlights include a private laundry room and 1-car parking. Just down the hill from Echo Park Lake and minutes from local parks, cafes, and hotspots across Echo Park, Silver Lake, and Elysian Park. Eligible for a $20,000 grant toward closing costs--no repayment required. Great value--this gem won't last!

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
1 open car space
619 sq. ft. floor area
2774 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Los Angeles over the last 12 months, the estimated median property value of 1471 Wallace Avenue is $1.2m.

Median value
$1.2m
Estimated value range
$7.02k - $2.2m
Median days on market
17
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1471 Wallace Avenue

2025
Sold
$940,680
15 Oct 2025 by Jed Inductivo, of Compass

Happy sellers in Los Angeles

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We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 2 bedroom single-family properties in Los Angeles

In the last 12 months, 52 two-bedroom single-family properties similar to 1471 Wallace Avenue, have been sold.

This represents a 2% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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