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1863 Preston Ave, Los Angeles, CA 90026
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1863 Preston Ave Los Angeles, CA 90026

$897,000 Sold Price as of 12/11/2018
  • 2 Beds
  • 1 Baths
  • 740 Sq.Ft.
Sold
$897,000 Sold Price as of 12/11/2018 Refinance Your Mortgage
Map preview of 1863 Preston Ave, Los Angeles, CA 90026

Property Overview: 1863 Preston Ave Los Angeles, CA has 2 bedrooms, 1 bathrooms, 740 living square feet and 5,408 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located just off Echo Park Avenue, this 1926 Spanish influenced hillside home is a rare property that sits on a buildable R2-zoned lot. A 180 degree view of Elysian Valley and DTLA can be enjoyed from the oversized balcony that runs the length of the home, accessible from both the living room and master bedroom.Multiple landing areas provide creative opportunities to enjoy California outdoor living. Zoned R2, the potential to create a multi-use compound, expand the existing home, or create a legal second dwelling structure leaves much to the imagination and a wonderful opportunity for anyone looking to make this house into their very own special home.Bonus room is unpermitted and not calculated in the square footage of the property which is 1123 sq feet per measured plans.

Listed by Mariko M McKittrick | BRE #01343289 | DeasyPennerPodley
Last checked: 13 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
5,408
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
18389124
City
Los Angeles
County
Los Angeles
Time on Site
1345 days

Property Details for 1863 Preston Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside, See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Dining Room
  • Flooring: Wood
  • Workshop
Kitchen Information
  • Has Appliances
  • Refrigerator, Gas Range
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Front Porch, Tile
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Features: Lawn
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Landmark, Mountain(s)
  • Parcel Number: 5420013006
  • Year Built Source: Assessor
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: North of Sunset/East of Echo Park Ave
View more facts & features

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Sale History for 1863 Preston Ave

Last sold on November 12th, 2019

  • November, 2019

  • Nov 12, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2018

  • Dec 11, 2018

    Date

    Sold

    CRMLS: 18389124

    $897,000

    Price

  • Nov 26, 2018

    Date

    Pending

    CRMLS: 18389124

    $799,000

    Price

  • Oct 25, 2018

    Date

    Active Under Contract

    CRMLS: 18389124

    $799,000

    Price

  • Sep 21, 2018

    Date

    Active

    CRMLS: 18389124

    $799,000

    Price

  • December, 2018

  • Dec 11, 2018

    Date

    Sold (Public Records)

    Public Records

    $897,000

    Price

  • May, 2018

  • May 18, 2018

    Date

    Expired

    CRMLS: 17286638

    $799,000

    Price

  • Nov 17, 2017

    Date

    Withdrawn

    CRMLS: 17286638

    $799,000

    Price

  • Nov 3, 2017

    Date

    Active

    CRMLS: 17286638

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Located just off Echo Park Avenue, this 1926 Spanish influenced hillside home is a rare property that sits on a buildable R2-zoned lot. A 180 degree view of Elysian Valley and DTLA can be enjoyed from the oversized balcony that runs the length of the home, accessible from both the living room and master bedroom.The master bedroom has double doors that provide easy access to the outdoors and open to the large balcony offering views of downtown and the Elysian Valley without even getting out of bed. Multiple landing areas provide creative opportunities to enjoy California outdoor living. Zoned R2, the potential to create a multi-use compound, expand the existing home, or create a legal second dwelling structure leaves much to the imagination and a wonderful opportunity for anyone looking to make this house into their very own special home. Property is being sold via plumBid on Sunday, November 19.Please visit PlumBid for disclosures, reports,and registration requirements.

  • October, 2017

  • Oct 17, 2017

    Date

    Canceled

    CRMLS: 17267956

    $720,000

    Price

  • Sep 29, 2017

    Date

    Active

    CRMLS: 17267956

    $720,000

    Price

  • Listing provided courtesy of CRMLS

    Minutes from the famed Sunset Strip you'll find Echo Park,with it's boutique shops and coffee bars and an eclectic mix of residents, Built in 1926 on a hillside lot sits this Spanish influenced family home with original hardwood flooring that will instantly have you feeling at home. Wake up in the master bedroom at the front with it's double doors over looking the Elysian Heights neighborhood and views of downtown Los Angeles. Currently owned by a well known TV personality this home exudes a modern aesthetic with great indoor out door living. It was also the featured home in the movie "Echo Park" starring Mamie Gummer. Your privacy is assured by the many lush trees and landscaped garden areas. An additional basement area can be utilized as a studio work space,washer dryer room.Conveniently close to the 2,5,10 and 101 freeways for easy travel and an abundance of shops and restaurants throughout Silver Lake & Echo Park.

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Tax History for 1863 Preston Ave

Assessed Value (2020): $915,000
Year Land Value Improved Value Assessed Value
2020 $732,000 $183,000 $915,000

Home Value Compared to the Market

This property vs the competition

1863 Preston Ave sold on December 11, 2018 for 28.66% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $1079.73 per/sqft which puts the price per square foot 49.13% higher than the current median sale per square foot for the city of Los Angeles.

About 1863 Preston Ave

Detailed summary of property

1863 Preston Ave is a single family home that recently sold in Los Angeles, CA 90026. This house offered 2 bedrooms, 1 bathrooms, roughly 740 living square feet, and sits on an approximately 5,408 square foot lot. 1863 Preston Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $897,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 28.66% lower than the current median priced home. Local homes that are currently for sale include 1556 W Court St, 1904 W Avenue 30 and 1927 Hyperion Ave. While the average home in Los Angeles, CA is selling in 106 days, 1863 Preston Ave has a days on market of 26 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1863 Preston Ave 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 1863 Preston Ave

Public county record property details
Beds
2
Baths
1
Year built
1926
Sq. Ft.
740
Lot Size
5,408
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
134
APN
5420-013-006

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.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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.

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