1514 Morton Terrace, Los Angeles, CA 90026
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1514 Morton Terrace Los Angeles, CA 90026

$990,000 Sold Price as of 05/16/2019
  • 2 Beds
  • 1 Baths
  • 1,489 Sq.Ft.
Sold
$990,000 Sold Price as of 05/16/2019 Refinance Your Mortgage

Map preview of 1514 Morton Terrace, Los Angeles, CA 90026

Property Overview: 1514 Morton Terrace Los Angeles, CA has 2 bedrooms, 1 bathrooms, 1,489 living square feet and 2,047 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Tucked away in prime Echo Park is this emotional and captivating Contemporary Mediterranean, expertly mixing materials and features like a vintage Wedgewood stove with an open-concept kitchen, Jarrah wood floors with architectural iron railings, and whole-home audio with retro lighting fixtures. The main floor includes open kitchen/dining area, den w/ brick-surround fireplace, updated bathroom w/ steam shower, and a laundry room/storage. Upstairs is a spacious master with vaulted ceilings, private balcony, and walk-in closet, a full bathroom with separate tub and steam shower, and the guest BR with a peaceful balcony and hillside views. As an added bonus, a 110+sqft bonus space has been converted to a professional music studio with live and control rooms, and has plumbing in place to have a ¾ bath, making this the perfect live/work space or an optional rental for extra income. Back patio w/ BBQ for al fresco dining round out this rare offering. Close to all, Walk Score of 77!

Listed by Eli Karon | BRE #01732369 | Douglas Elliman of California,
Last checked: 8 minutes ago | Last updated: March 27th, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
2,047
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
19451416
City
Los Angeles
County
Los Angeles
Time on Site
1212 days

Property Details for 1514 Morton Terrace

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Common Area, Washer Included, Inside, See Remarks
Fireplace Information
  • Has Fireplace
  • Den
Room Information
  • Flooring: See Remarks, Wood
  • See Remarks, Sound Studio, Den, Master Bedroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator, Freezer, Dishwasher
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 1
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered, Driveway
Property Information
  • Has View
  • View: Hills
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5420026013
  • Architectural Style: Mediterranean
  • Property is not Attached
Location / Neighborhood
Location Information
  • Directions: Sunset to Echo Park to Morton Ave. to Morton Terrace
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Sale History for 1514 Morton Terrace

Last sold for $990,000 on May 16th, 2019
  • May, 2019

  • May 17, 2019

    Date

    Sold

    CRMLS: 19451416

    $990,000

    Price

  • Apr 16, 2019

    Date

    Pending

    CRMLS: 19451416

    $898,000

    Price

  • Apr 4, 2019

    Date

    Active

    CRMLS: 19451416

    $898,000

    Price

  • May, 2019

  • May 16, 2019

    Date

    Sold (Public Records)

    Public Records

    $990,000

    Price

  • April, 2015

  • Apr 10, 2015

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

  • January, 2007

  • Jan 12, 2007

    Date

    Sold

    CRMLS: 12084246

    $695,000

    Price

  • Dec 10, 2006

    Date

    Active

    CRMLS: 12084246

    $695,000

    Price

  • Listing provided courtesy of CRMLS

    One of a kind and GORGEOUS! Newly built home with no detail left undone. Steam showers in both bathrooms. Custom tile. New kitchen with Viking hood and refurbished vintage stove. Living Room with beautiful brick fireplace. Hardwood floors throughout. The basement has been immaculately finished as an office with a 3/4 bathroom - can be rented as a studio for $600 a month (no permits for basement or basement bathroom, not included in square feet). A must see to fully appreciate all the amazing details and amenities.

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Tax History for 1514 Morton Terrace

Assessed Value (2020): $1,009,800
Year Land Value Improved Value Assessed Value
2020 $728,178 $281,622 $1,009,800

Home Value Compared to the Market

This property vs the competition

1514 Morton Terrace sold on May 16, 2019 for 24.54% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $603.09 per/sqft which puts the price per square foot 20.12% lower than the current median sale per square foot for the city of Los Angeles.

About 1514 Morton Terrace

Detailed summary of property

1514 Morton Terrace is a single family home that recently sold in Los Angeles, CA 90026. This house offered 2 bedrooms, 1 bathrooms, roughly 1,489 living square feet, and sits on an approximately 2,047 square foot lot. 1514 Morton Terrace was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $990,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.54% lower than the current median priced home. Local homes that are currently for sale include 2311 W 2nd St, 800 W 1st St #2105 and 121 S Hope St #334. While the average home in Los Angeles, CA is selling in 94 days, 1514 Morton Terrace has a days on market of 11 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1514 Morton Terrace Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1514 Morton Terrace

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
1,489
Lot Size
2,047
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
6,7
APN
5420-026-013

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
62
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Related Resources to 1514 Morton Terrace

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.