
Los Angeles, California 90026
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,387,000—positioned well below the $1,470,553 Fair Market Value by 5%. This valuation gap offers $83,553 in Instant Equity. Featuring a Mint Condition Rating and a flexible 3-bedroom layout with a separate bonus suite, the home offers stunning City Lights views, a large redwood deck, and patio. Located near top-rated schools like Ivanhoe Elementary, this is an ideal acquisition for Owner-Occupants or savvy investors seeking a premium Silver Lake lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1601 Redesdale Avenue Subject | $1,387,000* List Price | 3 | 2 | 1,537 | $957 | - |
A 1530 Allesandro Street Sold | $1,410,000 | 3 | 2 | 1,428 | $987 | 0.7 mi |
B 1642 Silverwood Terrace Sold | $1,325,000 | 3 | 3 | 1,200 | $1,104 | 0.3 mi |
C 917 N Vendome Street Sold | $1,279,000 | 2 | 2 | 1,378 | $928 | 0.5 mi |
D 2325 Berkeley Avenue Sold | $1,540,000 | 3 | 2 | 1,420 | $1,085 | 0.6 mi |
E 1338 Mccollum Street Sold | $1,750,000 | 4 | 3 | 1,676 | $1,044 | 0.5 mi |
F 830 Robinson Street Active | $1,249,000 List Price | 3 | 3 | 1,860 | $672 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1955, the property has undergone a high-end, comprehensive renovation within the last 5 years. It features a modern kitchen with flat-panel cabinetry and stainless steel appliances, recently updated bathrooms, and upgraded systems including mini-split HVAC units and an EV charging outlet. The interior and extensive custom landscaping are in mint condition.
Elementary School: Ivanhoe Elementary School (9/10).
The property features a separate lower-level 1-bedroom bonus suite with its own entrance, providing an ideal setup for a creative studio, guest quarters, or potential rental income.
The expansive, gated backyard is a rare find, featuring a custom redwood stairway, multiple viewing decks, and a treehouse that capture stunning downtown and treetop views.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1537, other record living area = 918. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
A significant gap exists between the measured 1,537 square feet and the 918 square feet shown in tax records, which may complicate appraisals or raise questions regarding permitted space.
The terraced hillside lot and winding outdoor stairs may pose accessibility challenges for some buyers and require more intensive landscape maintenance than a flat lot.
Welcome to 1601 Redesdale Avenue, a gated 3-bedroom, 2-bath Silver Lake home offering flexible living, a terraced backyard with downtown and treetop views and finished 2-car garage. The upper level features 2 bedrooms and a recently updated bath, with bright, comfortable spaces that feel calm and connected to the surrounding hillside while delivering downtown views. Downstairs, a separate 1-bedroom, 1-bath bonus space opens to its own patio, perfect for guests, an office, creative studio, extended living, or a more private retreat. A finished 2-car garage with an EV charging outlet adds everyday convenience and additional versatility. The expansive, fully fenced backyard is what sets this home apart from others. French doors open to a large patio bringing the indoors outside, creating an inviting setting for dining, entertaining, and outdoor lounging. The lush, landscaped hillside led by a custom winding redwood stairway offers multiple seating areas, a large redwood deck, and a tree house tucked into the greenery with treetop and downtown views. The outdoor spaces give the home a rare sense of discovery, and possibility. Set perfectly near the Silver Lake Reservoir, Dog Park, Lamill Coffee, Sunset Junction, and some of the neighborhood's most beloved restaurants, shops, and creative destinations, 1601 Redesdale delivers the Silver Lake lifestyle: flexible, expressive, relaxed, and deeply connected to place. The home measures approximately 1,537 square feet using the Cubicasa App, with tax records showing 918 square feet with 2 bedrooms/1bathroom.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,537 | 1,527 | 51% |
| Lot Size | 5,374 | 4,998 | 60% |
| Price | $1.39M | $1.52M | 41% |
| Price per sq ft | $902 | $987 | 46% |
| Built year | 1955 | 1932 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 123 | 2% |
Jun 4, 2026
$1,387,000
Initial Listing
Nov 13, 2015
$890,000
Public Record
Feb 25, 2015
$672,000
Public Record
Dec 8, 2005
$700,500
Public Record
Feb 19, 2003
$439,000
Public Record
Mar 5, 1998
$185,000
Public Record