
Los Angeles, California 90026
This Classic Spanish Residence is a Strong Value Opportunity, listed at $1,495,000—positioned well below the $1,521,356 Fair Market Value by 1.7%. This valuation gap offers $26,356 in Instant Equity. Featuring an Excellent Condition Rating, the home boasts sweeping 180-degree views and a massive flat yard. While the 1,183 sqft layout is compact, the potential for a primary suite expansion adds significant upside. Located near top-rated schools like Ivanhoe Elementary, this is an ideal acquisition for Owner-Occupants or creative professionals seeking a move-in ready hillside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1647 Rotary Drive Subject | $1,495,000* List Price | 3 | 1 | 1,183 | $1,286 | - |
A 1642 Silverwood Terrace Sold | $1,325,000 | 3 | 3 | 1,200 | $1,104 | 0.2 mi |
B 1470 Westerly Terrace Sold | $1,910,000 | 3 | 3 | 1,428 | $1,338 | 0.2 mi |
C 1748 Redesdale Avenue Sold | $1,200,000 | 2 | 1 | 921 | $1,303 | 0.2 mi |
D 1310 N Occidental Boulevard Sold | $1,267,500 | 2 | 1 | 1,025 | $1,237 | 0.4 mi |
E 1401 N Coronado Street Sold | $1,805,000 | 2 | 2 | 1,116 | $1,617 | 0.5 mi |
F 2412 Reservoir Street Active | $1,695,000 List Price | 3 | 2 | 1,406 | $1,206 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1936 build date, the property is in well-maintained, move-in ready condition. Photos show updated systems including central HVAC and a modern electrical panel. While it retains 'vintage charm' and original architectural details, the refinished hardwood floors, clean interior, and functional kitchen/bath indicate a significant refresh or maintenance cycle within the last 5-15 years.
Elementary School: Ivanhoe Elementary School (9/10).
The property offers rare 180-degree panoramic views of the DTLA skyline, Silver Lake Reservoir, and surrounding hills, all while maintaining its authentic 1936 Spanish architectural charm.
A significant rarity for hillside properties in Silver Lake, the home features a massive, private flat yard that provides seamless indoor-outdoor flow and cinematic space for entertaining.
With three bedrooms and only one bathroom, the current configuration is underserved for modern family needs and will likely require a renovation to add a primary suite.
At 1,183 square feet for a three-bedroom home, the interior scale is relatively modest, which may result in smaller individual room sizes compared to newer hillside builds.
Set high in the hills with the downtown skyline flickering in the distance, this classic Spanish delivers the elusive trifecta: old Hollywood character, incredible views, and a massive flat yard rarely found in Silver Lake. The living room and kitchen open directly to the expansive outdoor space, creating the kind of effortless indoor/outdoor flow that defines California living. Original details remain intact throughout, hardwood floors, vintage charm, generous scale, and the kind of atmosphere newer homes spend years trying to recreate. Every room provides incredible sweeping 180-degree views of the Silverlake hills, Reservoir, DTLA skyline or your peaceful sanctuary of a backyard. Three oversized bedrooms offer flexibility for families, guests, or creative workspaces, while the layout easily lends itself to a future primary suite with an additional bath. The yard feels almost cinematic: large, private, and unexpectedly usable for a hillside property- equally suited for quiet mornings, dinner parties under the stars, or late nights with the city glowing in the background. A large two-car garage completes the picture. Just moments from the best shops, cafes, and restaurants along Silver Lake Blvd and within easy reach of the Reservoir, the home offers that increasingly rare balance of retreat and connection, tucked away in the hills, but close to everything that makes the neighborhood what it is.
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 | 1.0 | 2.0 | 25% |
| Square foot | 1,183 | 1,480 | 30% |
| Lot Size | 4,708 | 4,953 | 39% |
| Price | $1.50M | $1.52M | 47% |
| Price per sq ft | $1.3K | $991 | 76% |
| Built year | 1936 | 1932 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 123 | 2% |
May 22, 2026
$1,495,000
Initial Listing