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ActiveSingleFamilyResidence

1507 W Morra Drive

Los Angeles, CA, 90026

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$1,399,000

MLS: 26875071

Beds

3

Baths

3

Sq Ft

1,502

Lot

0.06 ac

Year Built

2020

MLS #

26875071

Days on Market

20

Listed

Aug 20, 2026

Description

Easy, chic, modern living in the heart of Echo Park. Newly built in 2021 by Planet Home Living, this corner lot single family residence is exceptionally located with nearly all of Echo Park at your doorstep- with favorites like Canyon Coffee, Cookbook Market, and Bacetti minutes away. Walk to a Dodgers Game or hike the nearby trails of Elysian Valley, browse the weekly farmer's market, and enjoy all of the retail, dining, and nightlife just down the street. The main level of the home is a wonderful retreat and gathering space, with three exposures of windows allowing lots of natural light and green sightlines in. The well-appointed kitchen features an eat-in island, European cabinetry, Kitchen Aid appliances, and lots of storage. A dining area and large living room look out toward the yard. The private garden functions as a lovely extension of the home, with a deck and terrace area for lounging and dining, surrounded by mature green plantings, hedges, and citrus trees. A guest bathroom and storage area complete this level. Upstairs there are 3 bedrooms, 2 bathrooms, and laundry area. The corner primary suite features a walk-in closet with custom shelving and spacious bathroom with dual sink vanity. The large direct entry garage has built-in storage and 240v wiring for an electric car charger. The ease of modern construction and prime location in one of LA's hippest neighborhoods make this an opportunity not to miss!

Location

Los Angeles, Los Angeles County, CA 90026

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Listed by: Courtney Pickard · Compass

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$10,458

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $139,900 · Loan: $1,259,100

%

Average 30-yr fixed rate 6.71% as of Sep 3, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$8,133
Property tax (1.25%)
$1,457
Homeowners insurance
$300
Mortgage insurance
$525
HOA dues
$43
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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 Sep 3, 2026

30-year fixed
6.71%
15-year fixed
6.04%

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 $48,965 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

See Los Angeles, CA 90026 market trends →

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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.