1507 Scott Ave Los Angeles, CA 90026
Echo Park Neighborhood
2
Beds
1
Bath
880
Sq Ft
7,502
Sq Ft Lot
Highlights
- City Lights View
- Wood Flooring
- Tandem Parking
- Craftsman Architecture
- No HOA
- Living Room
About This Home
As of November 2024Set atop a sprawling lot in prime Echo Park, this 1938 Craftsman checks all the boxes, offering privacy and a flat yard with exciting potential for future development. Natural light pours into the living room, where warm hardwood floors and a classic hearth anchor the space. The bright kitchen is rendered with vintage tilework, and dreamy views from the cozy breakfast nook make each morning feel fresh. Two spacious bedrooms provide room for rest and home office; the finished garage with glass doors is ideal for a home gym or creative studio. Step out to the expansive yard dotted with fruit trees, a serene setting to unwind under the stars or gather around the fire pit. With just two former owners and coveted LARD2 zoning, the property offers boundless possibilities to expand or reimagine. Parking is easy in the tandem driveway, and you're minutes from local favorites Bacetti, Canyon Coffee, Cookbook, Echo Park Lake, and more.
Last Agent to Sell the Property
Coldwell Banker Realty License #01350025 Listed on: 09/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,382
Year Built
- Built in 1938
Lot Details
- 7,502 Sq Ft Lot
- Lot Dimensions are 50x150
- Property is zoned LARD2
Property Views
- City Lights
- Hills
Home Design
- Craftsman Architecture
Interior Spaces
- 880 Sq Ft Home
- 1-Story Property
- Decorative Fireplace
- Living Room
- Dining Room
- Wood Flooring
- Laundry Room
Kitchen
- Oven or Range
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Tandem Parking
- Driveway
Utilities
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5419-014-015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2024
Closed on
Oct 24, 2024
Sold by
Stone Robert A and Wheeler Amy E
Bought by
Mikaelian Daniel and Givans Whitney Geen
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Staci Siegel
Engel & Völkers
List Price
$1,095,000
Sold Price
$1,300,000
Premium/Discount to List
$205,000
18.72%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,272
Avg. Annual Appreciation
-4.16%
Original Mortgage
$1,040,000
Outstanding Balance
$1,030,653
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$224,837
Purchase Details
Closed on
Feb 23, 2000
Sold by
Farris Ronald H
Bought by
Option One/Cts Arm Trust 1995-2
Purchase Details
Closed on
Dec 15, 1998
Sold by
Farris Michael Lee
Bought by
Farris Ronald H and T Tommie Rose Farris J
Purchase Details
Closed on
Oct 28, 1996
Sold by
Farris Tommie R
Bought by
Farris Michael Lee
Purchase Details
Closed on
Apr 13, 1995
Sold by
Farris Tommie Rose
Bought by
Farris Ronald H and Farris Tommie Rose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
10.25%
Purchase Details
Closed on
Feb 23, 1995
Sold by
Miller Georgia E
Bought by
Farris Tommie Rose and Farris Ronald H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
10.25%
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,300,000 | Provident Title Company | |
| Trustee Deed | $115,798 | First American Title Ins Co | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,040,000 | New Conventional | |
| Previous Owner | $328,200 | New Conventional | |
| Previous Owner | $383,925 | New Conventional | |
| Previous Owner | $390,000 | Unknown | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $210,000 | Unknown | |
| Previous Owner | $108,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $1,300,000 | +18.7% | $1,477 / Sq Ft |
| 10/14/2024 10/14/24 | Pending | -- | -- | -- |
| 09/30/2024 09/30/24 | For Sale | $1,095,000 | -- | $1,244 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,382 | $1,300,000 | $1,270,400 | $29,600 |
| 2024 | $4,382 | $354,818 | $296,898 | $57,920 |
| 2023 | $4,297 | $347,862 | $291,077 | $56,785 |
| 2022 | $4,097 | $341,042 | $285,370 | $55,672 |
| 2021 | $4,044 | $334,356 | $279,775 | $54,581 |
| 2019 | $3,922 | $324,441 | $271,478 | $52,963 |
| 2018 | $3,868 | $318,080 | $266,155 | $51,925 |
| 2016 | $3,691 | $305,730 | $255,821 | $49,909 |
| 2015 | $3,637 | $301,139 | $251,979 | $49,160 |
| 2014 | $3,656 | $295,242 | $247,044 | $48,198 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Do
Seller's Agent in 2024
Tracy Do
Coldwell Banker Realty
(323) 842-4001
42 in this area
843 Total Sales
-
Amy Walker
Seller Co-Listing Agent in 2024
Amy Walker
Coldwell Banker Realty
(323) 215-5399
3 in this area
53 Total Sales
-
Staci Siegel
Buyer's Agent in 2024
Staci Siegel
Engel & Volkers Santa Monica
(310) 592-6500
1 in this area
32 Total Sales
Map
Source: The MLS
MLS Number: 24-438681
APN: 5419-014-015
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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