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$1,095,000

Beds
3
Baths
1.0
sq ft
1,026

2017 Preston Ave, Los Angeles, CA 90026

2017 Preston Ave

Los Angeles, CA 90026

  • 1 day on market
Perched on a gentle hill overlooking the picturesque Elysian Heights hills in Echo Park, this charming California bungalow is a hidden gem. Elegantly updated and carefully restored this delightful 3-bedroom, 1-bathroom home is a perfect blend of vintage character and modern comforts, all at the end of a serene cul-de-sac. A welcoming front porch surrounded by a lush garden of native plants invites you to relax and take in the cool breezes. Inside, the living spaces are filled with sunlight, allowing for serene moments capturing the warmth of this well-preserved bungalow, full of classic details. The living room is set just off from the dining area which seamlessly flows into a bright custom kitchen with vaulted ceilings and a skylight, making it ideal for both everyday living and entertaining.The well-appointed bedrooms offer peaceful retreats, each with views of the surrounding greenery. The bathroom is thoughtfully updated with a luxurious shower and soaking tub. Step outside to the lavender lined al fresco dining area, or enjoy the private oasis of a lawn lined with young olive trees. The property's elevated position ensures privacy and a sense of tranquility, all while being walkable to the vibrant shops, eateries, and cultural attractions of Echo Park. With its prime location, charming features, and serene surroundings, this bungalow is the perfect place to call home. You are central to the trails of Elysian Park and neighborhood favorites including Canyon Coffee, Bacetti, Quarter Sheets Pizza, Cookbook Market, and more. Many new systems including HVAC, roof, electrical, plumbing, and solar. Don't miss the opportunity to make this home your own special sanctuary in the eastside LA hills.

Details

Property type

Single Family Residence

Est. home value

$1,156,395

Property condition

Updated/Remodeled

Lot size

5,492 sq ft

Price per sq ft

$1,068

Year built

1926

HOA

No

Price History

02/21/2025
CLAW

CLAW #25499229

Listed
$1,095,000
+15.26%
10/03/2022
CLAW

CLAW #22179319

Sold
$950,000

Schools & Community

Neighborhood: 

Echo Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$993,916
Asking price
$1,095,000
Closing costs (~8% of asking)
-$87,600
Est. remaining loan balance
-$13,484
Cash to seller
$993,916

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crossland Mtg

Loan start date

January 1999

Original loan amount

$50,000

Est. remaining balance

$13,484

Interest rate

6.86%

Loan type

Not Provided, 30 year

Seller

Ida Potash

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/22/2025 at 2:35 AM

Listing updated: 02/21/2025 at 3:32 PM

Listed by: Adam Pergament, Keller Williams Larchmont Phone #: (323) 762-2600

MLS: CLAW #25499229

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