For sale · Active

1553 N Commonwealth

Los Angeles, CA 90027

$1,295,000
Bedrooms & bathrooms2 Beds • 2 Baths
Living area1,518 Sq Ft
Lot size0.1491 acres
Property typeSingle Family Residence
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Listing broker / agent: Coldwell Banker Realty · Rachel Bratakos · 909-455-6302 · CRMLS

MLS # AR26118738 · Last checked Oct 19, 2026 18:26 UTC

About this property

Charming Spanish-style home offering approximately 1,518 square feet with 2 bedrooms, bonus room, 2 bathrooms, a long driveway providing ample off-street parking, and a detached 2-car garage. Filled with timeless character, the home features arched entryways, arched windows, a striking coved ceiling in the living room, abundant natural light, and a decorative fireplace that serves as a beautiful focal point. One bedroom includes an attached three-quarter bathroom with shower. The second bedroom features an adjoining bonus room with direct access to the spacious backyard, offering flexibility for a variety of uses. The kitchen includes a dishwasher and an inviting breakfast nook. A small accessible basement may provide additional storage space. Additional features include a newer electrical panel and a hallway bathroom with separate shower and bathtub showcasing vintage light blue and white tilework and classic hexagonal floor tile. The detached 2-car garage, generous driveway, and LARD1.5 zoning may offer future development possibilities. Buyers are advised to independently verify zoning, development potential, ADU possibilities, and permitted uses with the appropriate governmental agencies. Ideally situated in the heart of Los Angeles, the property is approximately 2 miles from Hollywood & Vine, the Hollywood Walk of Fame, and the Hollywood Pantages Theatre; approximately 4 miles from Griffith Observatory and the Greek Theatre; approximately 5 miles from The Grove, LACMA, and the La Brea Tar Pits; and approximately 6 miles from Universal Studios Hollywood. Enjoy convenient access to renowned dining, entertainment, arts, culture, shopping, nightlife, and major employment centers throughout Hollywood, Los Feliz, and Downtown Los Angeles. A rare opportunity to own a character-filled Los Angeles home in a highly central location with close proximity to many of Southern California's most iconic destinations. Buyer to investigate and satisfy themselves regarding all aspects of the property, including current use, occupancy status, zoning, permits, square footage, and development potential.

Property details

MLS number
AR26118738
Status
Active
Type
Residential
Subtype
Single Family Residence
Beds / baths
2 Beds • 2 Baths
Living area
1,518 Sq Ft
Lot size
0.1491 acres
County
Los Angeles
Year built
1926
Stories
1
More property detailsExpandCollapse

Listing

Days on market
86

Building

Year built
1926
Year built source
Public Records
Architectural style
Spanish
Stories
1
Building stories
1
Levels
One
Entry level
1
Living area source
Appraiser

Bathrooms

Full bathrooms
2

Rooms & interior

Main-level bedrooms
2
Main-level bathrooms
2
Rooms
Kitchen
Appliances
Dishwasher
Heating
Central
Cooling
Central Air
Fireplace
Decorative, Living Room
Laundry
Inside, Laundry Room

Exterior & parking

Total parking spaces
2
Garage spaces
2
Parking
Driveway, Garage
Attached garage
No
Pool
None
Patio / porch
Front Porch, Porch
Lot features
Lawn
Lot size source
Assessor
Property outlook
None

Utilities & community

Water
Public
Sewer
Public Sewer
Community features
Sidewalks

Fees & lease terms

Association
No
Association fee
$0.00

Schools reported in the listing

High school district
Los Angeles Unified

School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.

Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Thomas Starr King Middle School Film and Media Magnet (school website, opens in a new tab) Los Angeles Unified · Los Angeles 6–8 0.4 mi
Franklin Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 0.4 mi
Lexington Avenue Primary Center (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–2 0.5 mi
Los Feliz Science/Tech/Engineer/Math/Medicine Magnet (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 0.5 mi
John Marshall Senior High (school website, opens in a new tab) Los Angeles Unified · Los Angeles 9–12 0.7 mi
Lockwood Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–6 0.8 mi
Micheltorena Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 0.9 mi
Ramona Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 1.0 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$1,295,000
MLS-reported original asking price
$1,495,000
MLS-reported previous asking price
$1,495,000
MLS-reported last price change
2026-07-29 16:22 UTC
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 05:53$1,295,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Los Angeles

Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings4,002Current authorized inventory
Median asking price$1,132,5004002 listings with a valid price
Median asking price / sq ft$619.051446 listings with confirmed sq ft
Median days on market294002 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction498
Listings with an increase23

515 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-19 19:19 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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