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1642 Silverwood Terrace, Los Angeles, California 90026, Los Angeles, 90026 - 3 bed, 3 bath

1642 Silverwood Terrace, Los Angeles, California 90026 home-pic-0
ACTIVE$1,289,000
1642 Silverwood Terrace, Los Angeles, California 90026
3Beds
3Baths
1,200Sqft
4,831Lot

Price Vs. Estimate

The estimated value ($1,413,395.695) is $124,395.695 (9%) higher than the list price ($1,289,000). This property may be underpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$1.29M vs avg $1.53M ($-243,500)32%
Size:1,200 sqft vs avg 1,590 sqft30%
Price/sqft:$1.1K vs avg $99257%

More Insights

Built in 1955 (70 years old).
Condition: Despite being built in 1955, this property has undergone an extensive and high-quality renovation, likely within the last 5 years. The kitchen is sleek and stylish with stainless steel countertops, modern appliances, and contemporary cabinetry. Bathrooms feature modern subway tiling, glass shower enclosures, and minimalist fixtures, all appearing virtually new. Recent upgrades include a new heat pump (2022) and rain gutters (2023), indicating significant investment in major systems. The light hardwood floors and recessed lighting throughout contribute to a fresh, modern aesthetic, making the property move-in ready with no deferred maintenance.
Year Built
1955
Close
-
List price
$1.29M
Original List price
$1.29M
Price/Sqft
$1,074
HOA
-
Days on market
-
Sold On
-
MLS number
25625889
Home ConditionExcellent
Features
Good View: City Lights, Hills
Deck
ViewCity Lights,Hills

About this home

Perched atop one of the most coveted pockets of Silver Lake. Nestled in the hills, surrounded by lush greenery. Emphasizing proportion, light and flow, this beautiful home consists of expansive living room with a stunning view. Embrace the open floor plan flooded with natural light from expansive windows framing the surrounding views. The dining area flows into a well- appointed sleek & stylish kitchen that features stainless steel countertops & appliances and ample cabinetry including the lift up glass door cabinets. Laundry area is conveniently located near the kitchen. An ideally located half bath serves guest with ease. There are 2 bedrooms upstairs and both have en-suite bathrooms, spacious closet and each has a door that opens to the backyard. Step outside your own private garden oasis where you can relax and entertain. Enjoy captivating views from the upper terrace, complete with pre-established raised garden beds and mature fruit trees, providing a sense of privacy and retreat for al fresco dining or relaxation. Attached 2 car garage, central air/heat (new heat pump 2022) & new rain gutters 2023. Minutes to Echo Park, DTLA & Silver Lake vibrant shops, cafes, parks and cultural destinations. This Silver Lake gem offers hillside charms with unmatched convenience. Perfect blend for tranquility and excitement. Must See!

Nearby schools

2/10
Mayberry Street Elementary School
Public,•K-6•0.3mi
5/10
Micheltorena Street Elementary School
Public,•K-5•0.4mi
8/10
Clifford Street Elementary School
Public,•K-6•0.6mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•1.2mi
/10
Lexington Avenue Primary Center
Public,•K-2•1.2mi
6/10
Dayton Heights Elementary School
Public,•K-5•1.3mi
8/10
Allesandro Elementary School
Public,•K-6•1.3mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•1.4mi
9/10
Ivanhoe Elementary School
Public,•K-5•1.4mi
/10
Lake Street Primary School
Public,•K-1•1.4mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•1.6mi
8/10
Franklin Avenue Elementary School
Public,•K-6•1.6mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•1.8mi
6/10
Thomas Starr King Middle School
Public,•6-8•0.9mi
5/10
Virgil Middle School
Public,•6-8•1.7mi
6/10
Irving STEAM Magnet
Public,•6-8•2.5mi
8/10
John Marshall Senior High School
Public,•9-12•1.5mi
3/10
Belmont Senior High School
Public,•9-12•1.9mi

Price History

Date
Event
Price
03/29/01
Sold
$325,000
02/04/99
Sold
$225,000
10/24/17
Sold
$1,275,000
10/28/11
Sold
$687,500
Condition Rating
Excellent
Despite being built in 1955, this property has undergone an extensive and high-quality renovation, likely within the last 5 years. The kitchen is sleek and stylish with stainless steel countertops, modern appliances, and contemporary cabinetry. Bathrooms feature modern subway tiling, glass shower enclosures, and minimalist fixtures, all appearing virtually new. Recent upgrades include a new heat pump (2022) and rain gutters (2023), indicating significant investment in major systems. The light hardwood floors and recessed lighting throughout contribute to a fresh, modern aesthetic, making the property move-in ready with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Prime Silver Lake Location: Perched in a highly coveted pocket of Silver Lake, offering unmatched convenience and minutes away from vibrant shops, cafes, parks, and cultural destinations in Echo Park, DTLA, and Silver Lake.
Stunning Views & Natural Light: Expansive living areas are flooded with natural light from large windows, framing captivating surrounding views, including those from the upper terrace.
Modern & Updated Interior: Features a sleek, well-appointed kitchen with stainless steel countertops and appliances, complemented by recent upgrades including a new heat pump (2022) for central air/heat and new rain gutters (2023).
Private Outdoor Oasis: Enjoy a private garden oasis and an upper terrace with pre-established raised garden beds and mature fruit trees, providing a serene and private setting for relaxation and al fresco dining.
Functional Layout & Amenities: Boasts an open floor plan, two en-suite bedrooms upstairs with direct backyard access, a conveniently located half bath for guests, and an attached 2-car garage.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Compact Interior Size: With 1200 sqft for 3 bedrooms and 3 bathrooms, the interior living space may be considered modest or compact for some buyers, potentially limiting spaciousness.
Older Construction (1955): Despite recent updates, the property's original build year of 1955 suggests that some underlying infrastructure or structural components may be older, potentially requiring future maintenance or upgrades.
Hillside Lot Maintenance: Being 'nestled in the hills' implies a sloped lot, which can lead to specific landscaping and drainage maintenance challenges, and potentially limit flat, usable yard space beyond the described garden areas.

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