
Los Angeles, California 90026
This Updated Modern Silver Lake Residence is a Prime Investment Opportunity, listed at $2,295,000—positioned well below the $2,367,841 Fair Market Value by 3%. This valuation gap provides $72,841 in Instant Equity. Boasting a Condition Rating of 2, the 3,500-square-foot layout features panoramic city light views, a chef’s kitchen with custom wood bar, and four en-suite bedrooms. Located near the Silver Lake Reservoir and top-tier schools like Ivanhoe Elementary, it balances sophisticated 90s minimalism with immediate appreciation. This is an exceptional acquisition for Luxury Home Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1684 Rotary Drive Subject | $2,295,000* List Price | 4 | 5 | 3,500 | $677 | - |
A 1615 N Coronado Street Sold | $2,400,000 | 5 | 5 | 3,717 | $646 | 0.5 mi |
B 1506 N Benton Way Sold | $1,771,000 | 4 | 3 | 2,374 | $746 | 0.4 mi |
C 1541 Silverwood Terrace Sold | $1,900,000 | 4 | 4 | 2,396 | $793 | 0.3 mi |
D 1624 Westerly Terrace Active Under Contract | $2,395,000 List Price | 5 | 6 | 4,315 | $555 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1990, the property has undergone a high-end modern renovation within the last 5 years. The kitchen features contemporary flat-panel cabinetry, a custom live-edge breakfast bar, and built-in appliances. Bathrooms are updated with modern floating vanities and glass-enclosed showers. The home includes updated systems like dual-zone central HVAC and is in mint, move-in-ready condition.
Elementary School: Ivanhoe Elementary School (9/10).
The property features expansive windows and a wraparound balcony with a pergola, offering sweeping views of the Silver Lake hills and sparkling city lights.
The impressive 3,500-square-foot layout includes four bedrooms that are all en-suite, providing maximum privacy and convenience for residents and guests.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4583, living area = 3500.
With a lot size of 4,583 square feet relative to a 3,500-square-foot structure, there is minimal usable flat yard space for traditional outdoor activities.
The '90s minimalism' aesthetic, while updated, may feel dated to some buyers or require specific tastes compared to more contemporary or classic character homes.
In Silver Lake, this updated Modern is pure 90s minimalism, impressive in scale and showcasing incredible views. The expansive layout provides several spaces to live and gather, including a living room with a slate fireplace and powder room, and formal dining; abundant windows bring in views of lush greenery. The sunny kitchen features a double pantry, built-in appliances, and a custom wood breakfast bar. An adjacent den feels like a sunroom with walls of glass, extending to a wraparound balcony with a pergola and sweeping views of the Silver Lake hills and sparkling city lights. All four bedrooms are en-suite; the generous primary includes a dedicated lounge space, custom walk-in closet, and a bathroom with a separate shower and soaking tub. Amenities include a two-car attached garage, dual zone central HVAC, and laundry. Well-situated in the Micheltorena Elementary School District, you are mere moments from the Silver Lake Reservoir and Meadow, Sunset Junction, and dining and shopping on Silver Lake Boulevard.
No exterior & parking available.
Grades K-5 • 0.3 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 | 4.0 | 3.0 | 74% |
| Baths | 5.0 | 2.0 | 95% |
| Square foot | 3,500 | 1,511.5 | 97% |
| Lot Size | 4,583 | 4,999 | 35% |
| Price | $2.29M | $1.46M | 88% |
| Price per sq ft | $656 | $971 | 18% |
| Built year | 1990 | 1928 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 159 | 1% |
Apr 30, 2026
$2,295,000
Initial Listing
Feb 18, 2020
$1,832,000
Public Record
Oct 1, 2014
$1,480,000
Public Record
Nov 18, 2013
$280,002
Public Record
Jul 20, 2001
$530,000
Public Record