




1553 N Commonwealth Ave, Los Angeles, CA, 90027
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1926
Type & Style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher
- Laundry features: Inside,Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Features
- Fireplace features: Decorative,Living Room
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,518 sqft
Property
Details
- Parcel number: 5542007015
- Special condition: Standard
- Exclusions: Tenants personal property
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Patio & porch: Front Porch,Porch
Lot
- Lot size: 6,494 sqft
- Features: Lawn
Parking
- Total spaces: 2
- Parking features: Driveway,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,548 | $78,576 |
| Home Insurance * | $211 | $2,532 |
| Property Taxes | $1,771 | $21,252 |
| Electricity | $398 | $4,786 |
| Total | $8,928 | $107,136 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Listing removed | $1,295,000 |
| 2026-07-29 | Price change | $1,295,000 |
| 2026-06-01 | Listed for sale | $1,495,000 |
| 2018-08-14 | Listing removed | $3,700 |
| 2018-07-11 | Listed for rent | $3,700 |
