1401 Allison Avenue
Los Angeles, CA, 90026
(No pictures available yet)
$599,000
MLS: 26774263
Beds
2
Baths
2
Sq Ft
936
Lot
0.06 ac
Year Built
1919
MLS #
26774263
Days on Market
20
Listed
Apr 23, 2026
Description
New Co-Ownership Opportunity: Set just south of Sunset Blvd. at Douglas Street, this rare Tenancy in Common opportunity offers an inspired blend of privacy, comfort, and vibrant city living in the coveted Angeleno Heights enclave of Echo Park. This thoughtfully designed 2-bedroom, 2-bathroom residence is one of only two units, creating the feel of a private home while maintaining the ease and simplicity of TIC ownership. Inside, an open living space welcomes you with natural flow and effortless transitions between indoor and outdoor living. Step through to your own secluded patio and garden, an inviting retreat ideal for intimate gatherings, al fresco dining, or quiet evenings under the fading glow of twilight. The kitchen balances style and functionality with warm butcher block countertops, crisp new white appliances, and a layout that supports both everyday meals and inspired culinary moments. Each of the two generously sized bedrooms is designed with comfort and privacy in mind, offering peaceful spaces to unwind. Additional features include in-unit laundry hookups, two tandem parking spaces, and a turnkey condition that allows for immediate enjoyment. Positioned in one of Echo Park's most desirable and central locations, this residence places you moments from acclaimed dining, the scenic trails of Elysian Park, and beloved neighborhood destinations like the Echo Park Farmers Market and Silver Lake Flea. With effortless access to Sunset Blvd., Echo Park Lake, and Dodger Stadium, every element of city living is within reach. A distinctive offering where charm, convenience, and lifestyle converge, this is Echo Park living at its most compelling.
Location
Los Angeles, Los Angeles County, CA 90026
Open on Google Maps ↗Listed by: Stephanie Younger · Compass
Payment estimate
$4,510
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,900 · Loan: $539,100
- Principal & Interest
- $3,362
- Property tax (1.25%)
- $624
- Homeowners insurance
- $300
- Mortgage insurance
- $225
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 7, 2026
- 30-year fixed
- 6.37%
- 15-year fixed
- 5.72%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $20,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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