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$940,680

  • Sold
  • Closed
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 619 Sq. Ft.
See This Home
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See This Home
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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!

Full Property Details for 1471 Wallace Ave

General

  • Sold For: $940,680
  • Status: Closed
  • Type: Single Family
  • Source: CLAW
  • MLS ID: 25589397
  • Added to Site: 130 day(s) ago

Interior

  • Rooms/Areas: Dining Area, Patio Enclosed, Study/Office
  • Interior Features: Detached/No Common Walls, Open Floor Plan, Turnkey, Recessed Lighting
  • Eating Areas: Dining Area
  • Cooking Appliances: Gas/Electric Range
  • Furnishings: Unfurnished
  • Flooring: Wood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bathroom Features: Shower Over Tub

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Unit, Inside, Laundry Area

Additional Information

  • Pool Description: None
  • Spa Description: None
  • Security/Safety: Gated
  • Other Features: Shed(s)

Exterior

  • Deck/Patio: Enclosed, Deck(s), Open Patio, Wood

Parking

  • Garage Description: Carport, Driveway, Garage - 1 Car, Private, Gated

Location

  • Area: Silver Lake - Echo Park
  • County: Los Angeles
  • Driving Directions: From Sunset Blvd, head north on Echo Park Ave. Turn right on Wallace Ave and follow the curve; property is on the uphill side.
  • Direction Faces: East

Heating & Cooling

  • Cooling Type: Multi/Zone
  • Heating Type: Combination

Utilities

  • Sewer: In Street
  • Water: Public

Structural Information

  • Architectural Style: Bungalow
  • Structure Type: Single Family Residence
  • Exterior Const.: Lap Siding
  • Basement Desc.: Raised
  • Foundation: Raised
  • Roof: Shingle
  • Common Walls: Detached/No Common Walls
  • Windows: Double-Pane Windows
  • Entry Location: Ground Level w/steps
  • Stories/Levels: 1
  • Square Feet: 619
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1920
  • Year Built Source: Vendor Enhanced
  • Property Condition: Updated/Remodeled
  • Other Struct. Feat.: French Doors, Historical

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Property View: City, City Lights
  • Lot Size (Acres): 0.0637
  • Lot Size: 2774
  • Lot Size Source: Vendor Enhanced
  • Irrigation System: None
  • Lot Features: Hillside
  • Zoning: LARD3
  • Lot Description: Fenced
  • Fencing (Description): Wood, Wrought Iron

Financial Considerations

  • Price Per Sq. Ft.: $1,292.41
  • Assessment Year: 1920

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 5405-008-025

Listed by Compass, Jed Inductivo
Sold by Beverly and Company, Inc., Sharon Baum Crawford

Listing agent

— 1471 Wallace Ave —

  • Jed Inductivo

    Compass

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1471 Wallace Ave

School District:Los Angeles Unified School District
NameGradesDistance
Logan Academy of Global Ecology
1711 Montana Street, Los Angeles, CA 90026
K-80.5 mi
Belmont Senior High School
1575 West 2nd Street, Los Angeles, CA 90026
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1471 Wallace Ave

Date
Details
Price
Change
Source
10/15/2025
Sold
$940,680
17.58%
MLS
9/08/2025
Listed
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass, Jed Inductivo
Sold by Beverly and Company, Inc., Sharon Baum Crawford

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1471 Wallace Ave, Los Angeles, CA 90026 (MLS# 25589397) is a Single Family property that was sold at $940,680 on October 15, 2025. Want to learn more about 1471 Wallace Ave? Do you have questions about finding other Single Family real estate for sale in Silver Lake? You can browse all Silver Lake real estate or contact a Coldwell Banker agent to request more information.