
Los Angeles, California 90026
This Silver Lake Condominium is a Strong Value Opportunity, listed at $599,000—positioned well below the $635,830 Fair Market Value by 5%. This valuation gap offers $36,830 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes a private balcony with panoramic views, a gas fireplace, and two non-tandem parking spaces. Located near Ivanhoe Elementary (9/10), this property is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home with significant lifestyle appeal.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1707 Micheltorena Street 208 Subject 1 bd · 1 ba · 777 sqft · $818 | $599,000* List Price | 1 | 1 | 777 | $818 | - |
A 1707 Micheltorena Street 308 Sold 1 bd · 1 ba · 777 sqft · $901 · 0.0 mi | $700,000 | 1 | 1 | 777 | $901 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1974, the unit is well-maintained and move-in ready. It features an updated bathroom, a newer HVAC system for modern comfort, and contemporary hardwood-style flooring throughout the living areas.
Elementary School: Ivanhoe Elementary School (9/10).
The unit features a private balcony with sweeping views of the Hollywood Sign and surrounding hills, a rare and highly desirable feature in the Silver Lake market.
Includes two non-tandem parking spaces in a controlled-access garage, providing significant convenience and value in a neighborhood where parking is notoriously difficult.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =22603, other record lot size in square feet = 22678.
The lack of in-unit laundry requires residents to use community facilities, which may be a drawback for buyers seeking maximum convenience.
Built in 1974, the complex may lack the modern architectural appeal or high-end common area finishes found in newer luxury developments.
Panoramic Silver Lake views and two non-tandem parking spaces, offered under $600,000. From colorful sunsets to sparkling evening lights, this bright one-bedroom condo's private balcony captures the Hollywood Sign, surrounding hills, and neighborhood roof top san outlook best experienced in person. Sweeping views stretch south, west, and north, creating a memorable backdrop for morning coffee, relaxed afternoons, and evenings at home. Sliding glass doors connect the balcony to the inviting living room, where a gas fireplace adds warmth and character. Hardwood-style flooring flows through the open living and dining areas, while a convenient kitchen pass-through keeps you connected when entertaining. The spacious bedroom offers generous closet space, and an updated bathroom and newer HVAC system add everyday comfort. Two full, non-tandem parking spaces in the controlled-access garage and additional storage provide valuable convenience. The community rooftop deck offers another spectacular vantage point, with sweeping views toward the Downtown Los Angeles skyline. Residents also enjoy a pool, recreation room, elevator, controlled access, and community laundry. Current HOA dues include water, gas, basic cable, internet/Wi-Fi, and earthquake insurance. Ideally situated between Sunset Boulevard and the Silver Lake Reservoir, this home offers convenient access to neighborhood restaurants, coffee shops, boutiques, and outdoor recreation. Explore the neighborhood, then return home to sunset skies and city lights from your own private balcony.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 0.7 mi
Grades K-2 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 777 | 1,252.996 |
| Lot Size | 22,603 | 26,029.603 |
| Price | $599.0K | $778.5K |
| Price per sq ft | $771 | $629 |
| Built year | 1974 | 1981 |
| HOA | $550.0 | $676 |
| Days on market | 19 | 74 |
Oct 21, 2026
$599,000
Initial Listing
Sep 30, 2020
$670,000
Public Record
Aug 24, 2018
$500,000
Public Record
Jan 30, 1998
$75,000
Public Record
Jul 29, 1996
$80,000
Public Record