1539 Elevado Street, Los Angeles, California 90026, Los Angeles, 90026 - 4 bed, 2 bath
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Los Angeles, California 90026
This Stunning Mid-Century Hideaway is a Strong Value Opportunity, listed at $1,599,999—positioned well below the $1,621,725 Fair Market Value by 1.3%. This valuation gap offers $21,726 in Instant Equity. Featuring a Mint Condition Rating, the home includes a remodeled kitchen, central HVAC, and a finished basement. Located in a prime Silver Lake cul-de-sac near top-rated schools like Ivanhoe Elementary, this property is an ideal fit for Owner-Occupants or savvy investors seeking a turnkey asset with ADU potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1539 Elevado Street Subject | $1,499,999* List Price | 4 | 2 | 1,378 | $1,114 | - |
A 917 N Vendome Street Sold | $1,279,000 | 2 | 2 | 1,378 | $928 | 0.3 mi |
B 3438 Larissa Drive Sold | $1,600,000 | 2 | 2 | 1,496 | $1,070 | 0.2 mi |
C 3110 Berkeley Circle Sold | $1,650,000 | 2 | 2 | 1,405 | $1,174 | 0.1 mi |
D 1470 Westerly Terrace Sold | $1,910,000 | 3 | 3 | 1,428 | $1,338 | 0.1 mi |
E 1530 Allesandro Street Sold | $1,410,000 | 3 | 2 | 1,428 | $987 | 0.7 mi |
F 1642 Silverwood Terrace Sold | $1,325,000 | 3 | 3 | 1,200 | $1,104 | 0.3 mi |
G 951 Tularosa Drive Sold | $1,929,355 | 3 | 2 | 1,783 | $1,082 | 0.4 mi |
H 1601 Redesdale Avenue Active | $1,387,000 List Price | 3 | 2 | 1,537 | $902 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1955, the property has undergone a comprehensive recent renovation. The kitchen features modern Caesarstone counters and stainless appliances, and the home includes critical system upgrades such as central HVAC, copper plumbing, and a tankless water heater. The interior finishes and 'refreshed' bathrooms indicate a mint, move-in ready condition consistent with a high-end renovation.
Elementary School: Ivanhoe Elementary School (9/10).
Situated on a coveted cul-de-sac just above Sunset Junction, this property offers a rare 'treehouse' serenity while remaining steps away from iconic cafes, the Silver Lake Reservoir, and vibrant nightlife.
The detached two-car garage presents a compelling ADU opportunity, complemented by a finished 280-square-foot basement that provides flexible space for a home office, studio, or guest suite.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1378, other record living area = 1080. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
At 1,378 square feet for a four-bedroom configuration, the interior proportions may feel tight for families or buyers accustomed to more expansive room scales.
The listing price reflects a high price-per-square-foot valuation, which may limit the buyer pool to those specifically prioritizing the Silver Lake lifestyle and location over interior volume.
MAJOR PRICE REDUCTION!! It is named Elevado for a reason. Perched atop one of Silver Lake's highest and most coveted cul-de-sacs, this dreamy mid-century hideaway delivers something increasingly unique: the feeling of living in a mid-century treehouse — genuine serenity yet just minutes from everything. Clean lined interior meets romantic outdoor living in a home that feels both of its era and completely timeless. Inside, generous natural light flows through every room. The kitchen has been thoughtfully enhanced with Caesarstone counters, a mosaic backsplash, custom cabinetry, stainless appliances, and a dedicated pantry. Three sizable bedrooms and a refreshed bathroom complete the upper level. Off the lower entrance, a finished basement with its own three-quarter bath adds approximately 280 square feet of flexible space — equally suited as a fourth bedroom, home office, art studio or gym. The detached two-car garage presents a compelling ADU opportunity, plus provides more parking on the driveway for 4 more cars. Outside, meander through aromatic gardens layered with lots of greenery, bamboo, citrus trees, and a canopy of wisteria — punctuated by a hidden hammock, intimate seating nooks and a heated above-ground spa. Practical upgrades include central HVAC, a tankless water heater, and copper plumbing. Tucked just above Sunset Junction, this home offers effortless access to Silver Lake’s best cafés, including Intelligentsia Coffee and La Colombe, as well as the vibrant Sunset Boulevard corridor, Silver Lake Reservoir, meadow trails, and the iconic neighborhood staircases, all just a short stroll away—delivering the Silver Lake lifestyle at its hippest.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,378 | 1,672 |
| Lot Size | 6,344 | 6,067 |
| Price | $1.50M | $1.37M |
| Price per sq ft | $1.1K | $801 |
| Built year | 1955 | 1939 |
| HOA | $0 | $348 |
| Days on market | 33 | 56 |
Jul 15, 2026
$1,499,999
$1,599,999
-6% Price Drop
Initial Listing
Jun 19, 2026
$1,599,999
Initial Listing
Sep 1, 2022
$1,400,000
Public Record
Dec 29, 2003
$585,000
Public Record
Jun 9, 1994
$235,000
Public Record