If your budget for an Echo Park home is between $200,000 (yeah, right) and $400,000, the pickings are pretty slim. In fact, the current listings on Redfin show only two, single-family homes priced below $400,000, and both are located a block apart and south of the 101 Freeway on a narrow avenue called Mountain View.
Located just south of Temple Street, the 114-year-old Victorian at 312 N. Mountain View is certainly going to need some work. But underneath all the security bars on the windows and fortified porch are some nice period details, including columns, decorative wood trim and bay windows. Inside, there are three bedrooms and one bath packed into 965-square feet of space that is priced at $389,900, according to Redfin.
One block away and north of Temple Street, 437 N. Mountain View is certainly cheaper at $250,000 but has only 465-square-feet of space that is packed into a narrow lot, according to the Redfin listing. There is no view of the mountains; instead the house has a partial vista of the Alvarado Street onramp to the southbound 101 Freeway. The listing for this short-sale describes this house as ideal for first-time buyers but also notes that it “needs plenty of TLC” and that the seller “will not be completing any repairs.”