Los Angeles County  »  1506 Wallace Ave

1506 Wallace Avenue, Los Angeles, CA 90026 Property Information

1506 Wallace Avenue, Los Angeles, CA 90026 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1506 Wallace Avenue, Los Angeles, CA 90026
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Address

Primary address 1506 Wallace Avenue, Los Angeles
Alternate address(es) 1506 N Wallace Ave
1510 N Wallace Ave
Zip code 90026
County Los Angeles
Municipality Los Angeles
Neighborhood Echo Park

Sales & Tax Overview for 1506 Wallace Avenue, Los Angeles

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 10/01/2003
Sale price $349,091
Arm's length
Current property tax $6,258

Lot & Building Information for 1506 Wallace Avenue, Los Angeles

Building sqft 896
Total sqft 1,296
Building class Double, Duplex or Two Units - 4 Stories or Less (0200)
Acreage 0.127
Buildings on lot 2
Units 2
Year built 1904
Year last altered
Stories 4
Bedrooms 2
Bathrooms 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Restricted Density Multiple Dwelling (RD3)
Weed hazard Yes
School district Los Angeles Unified School District

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Other Property Data for 1506 Wallace Avenue, Los Angeles

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  • • Improvements for 1506 Wallace Avenue, Los Angeles , including their type, square footage, grade and when they were built.
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About 1506 Wallace Avenue, Los Angeles

What is the year built & the total sq. ft. for 1506 Wallace Avenue, Los Angeles, CA 90026?

1506 Wallace Avenue, Los Angeles, CA 90026 was built in 1904 and has a total of 896 square feet.

What is the assessed value of 1506 Wallace Avenue, Los Angeles, CA 90026 and the property tax paid?

Assessed at $506,108, the tax amount paid for 1506 Wallace Avenue, Los Angeles, CA 90026 is $6,009.

When was 1506 Wallace Avenue, Los Angeles, CA 90026 last sold?

1506 Wallace Avenue, Los Angeles, CA 90026 was last sold in 04/11/2006.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 21, 2026 How to Find Land Boundaries: Free & Paid Methods
If you need to find land boundaries fast, you can start with a free county parcel/GIS viewer or a premium platform like PropertyShark to see an approximate parcel outline and lot data. However, keep in mind that a web-based land boundaries map is a starting point, not the legal finish line.
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Research 100M+ property records powered by:
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Past Sales & Property History for 1506 Wallace Avenue, Los Angeles

Create a free account to view the complete sales history for 1506 Wallace Avenue, Los Angeles, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
10/01/2003 $349,091

Title Documents for 1506 Wallace Avenue, Los Angeles

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
06/15/2020 Assignment Trust Deed
04/11/2006 Trust Deed
04/11/2006 Deed
08/08/2005 Trust Deed
10/23/2003 Deed
(File correction - Single parcel sale)
10/01/2003 Deed
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R: Recorded date
D: Document date

Property Taxes for 1506 Wallace Avenue, Los Angeles

Access detailed property tax data for 1506 Wallace Avenue, Los Angeles, CA 90026. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $6,010
Current property tax $6,258
Market value $506,108
Tax per sqft $5

Special Assessments And Penalties for 1506 Wallace Avenue, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
06181 Greater L.A. County Vector Control District
03694 La County Regional Park And Open Space District
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1

Assessment History for 1506 Wallace Avenue, Los Angeles

Here's the assessment & property tax history for 1506 Wallace Avenue, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $506,108 1.1874 $6,010 +0.95%
2024-2025 $496,186 1.1997 $5,953 +2.03%
2023-2024 $486,458 1.1994 $5,835 +4.97%
2022-2023 $476,921 1.1655 $5,559 +1.16%
2021-2022 $467,571 1.1752 $5,495 -1.06%

Permits for 1506 Wallace Avenue, Los Angeles

The complete history of permits filed for 1506 Wallace Avenue, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
11/03/2011
03/29/2006
             
             
             
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

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Risk

Create a free account to unlock extended information for 1506 Wallace Avenue, Los Angeles, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map
Earthquake-induced liquefaction area

Transportation

Access the detailed traffic volume map for 1506 Wallace Avenue, Los Angeles to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Betty Plasencia Elementary School 4 Public K-5 441 0.36
Our Lady Of Loretto Elementary School NR Private K-8 138 0.46
Logan Academy of Global Ecology 3 Public K-8 377 0.52
Burlington School NR Private PK, K-3 0 0.53
Burlington School NR Private PK, K-3 0 0.53

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Our Lady Of Loretto Elementary School NR Private K-8 138 0.46
Logan Academy of Global Ecology 3 Public K-8 377 0.52
Camino Nuevo Sandra Cisneros 5 Charter K-8 544 0.56
Gabriella Charter School 5 Charter K-8 412 0.56
Los Angeles Academy Of Arts & Enterprise Charter 3 Charter 6-12 265 0.70

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Alliance Ted K. Tajima High 8 Charter 9-12 477 0.58
Edward R. Roybal Learning Center 5 Public 9-12 1,112 0.70
Los Angeles Academy Of Arts & Enterprise Charter 3 Charter 6-12 265 0.70
Downtown Business High School 10 Public 9-12 861 0.71
Dream Center Academy NR Private 8-12 52 0.71

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 1506 Wallace Avenue, Los Angeles

Here are the neighbors for 1506 Wallace Avenue, Los Angeles.

Address Square feet Purchase date Purchase price
629 Laveta Ter, Los Angeles 856 10/25/2024
1471 Bellevue Ave, Los Angeles 1,673 07/17/2014
624 Laveta Ter, Los Angeles 1,942 01/03/2011
657 Laveta Ter, Los Angeles 3,893 01/14/2002
649 Laveta Ter, Los Angeles 858 10/21/2020
635 Laveta Ter, Los Angeles 824 08/26/2019
1142 W Edgeware Rd, Los Angeles 1,140 11/09/2017
1160 W Edgeware Rd, Los Angeles 4,394 07/17/2014
1150 W Edgeware Rd, Los Angeles 1,904 01/03/2011
661 Laveta Ter, Los Angeles 5,022 07/31/2001 $325,003
1093 W Kensington Rd, Los Angeles 1,650 04/04/2025 $1,678,500
1109 W Kensington Rd, Los Angeles 1,160 12/11/2024
1097 W Kensington Rd, Los Angeles 1,227 06/25/2021 $1,450,000
647 Laveta Ter, Los Angeles 931 02/04/2026 $806,000
631 Laveta Ter, Los Angeles 600 10/25/2024
1154 W Edgeware Rd, Los Angeles 3,417 06/03/2024
1103 W Kensington Rd, Los Angeles 1,618 12/11/2024
651 Laveta Ter, Los Angeles 1,100 01/27/2026
630 Laveta Ter, Los Angeles 787 07/07/2022 $1,154,000
1087 W Kensington Rd, Los Angeles 1,870 10/19/2023

Nearby ZIP Codes for 1506 Wallace Avenue, Los Angeles

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