
Los Angeles, California 90026
This Turnkey Spanish Triplex is a Strong Value Opportunity, listed at $3,295,000—positioned well below the $3,578,773 Fair Market Value by 7%. This valuation gap offers $283,773 in Instant Equity. Featuring an Excellent Condition Rating following a 2022 renovation, the property includes a chef's kitchen with Carrara marble, White Oak flooring, and panoramic city views. Located near top-rated schools like Ivanhoe Elementary, this compound is ideal for Buy-and-Hold Investors or Owner-Occupants seeking luxury, versatility, and long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1825 Redesdale Avenue Subject | $3,295,000* List Price | 6 | 5 | 3,347 | $1,057 | - |
A 1602 Silverwood Terrace Sold | $3,110,000 | 4 | 4 | 2,759 | $1,127 | 0.3 mi |
B 1847 Fanning Active | $4,249,999 List Price | 4 | 5 | 3,561 | $1,193 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property underwent an extensive renovation in 2022, placing it well within the 5-year window for an Excellent rating. The interior features a modern chef's kitchen with Carrara marble and high-end appliances, along with designer bathrooms featuring contemporary fixtures and a freestanding tub. Crucially, all major systems—including HVAC, electrical, plumbing, roof, and sewer lines—were recently replaced, ensuring mint condition with no immediate maintenance required.
Elementary School: Ivanhoe Elementary School (9/10).
The property underwent an extensive 2022 overhaul including all-new HVAC, electrical, plumbing, and roof, offering the charm of a 1925 Spanish villa with the peace of mind of modern infrastructure.
Situated in a prime Silver Lake position, the residence boasts commanding vistas of the Reservoir and the Downtown Los Angeles skyline, significantly enhancing its long-term value and desirability.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3347, other record living area = 3198. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The street-to-street hillside lot features cascading walkways and tiered landscaping, which may present accessibility challenges and higher long-term maintenance costs compared to flat parcels.
With a list price of $3.295M, the property sits at the high end of the local market, which may limit the pool of qualified buyers despite its extensive upgrades and vacant status.
Commanding a privileged position among Silver Lake's storied rolling hills since 1925, this fully vacant Spanish triplex is among the pedigree of only the elite few, an enduring testament to the neighborhood's rich heritage and timeless appeal. Extensively renovated in 2022, the property embraces its architectural heritage and the sophistication of today's design and daily living needs. Crowning this exceptional trophy property is the expansive 3-bedroom / 2-bath owner's residence, where sweeping vistas stretch from the Silver Lake Reservoir to the glittering skyline of Downtown Los Angeles. Glistening with natural light and grounded by solid White Oak flooring and a chef's kitchen with Carrara marble, the upper unit evokes the serenity of a secluded treehouse retreat, surrounded by lush greenery and framed by captivating views at every turn. The middle 2-bedroom/2-bath unit and the lower 1-bedroom/1-bath unit echo the same elevated aesthetic, each appointed with sophisticated finishes and a cohesive design language that speaks to both style and functionality. Cradled amongst the hillsides with a street-to-street lot, the property unfolds across a series of enchanting outdoor environments, including a serene outdoor dining space that creates the feeling of being worlds away from the city. offering a rare sense of escape and tranquility. Period-correct outdoor lighting and mature landscaping, set amid cascading walkways, make one feel truly special. Recent renovations include all-new HVAC, electrical, plumbing, roof & sewer line work, providing peace of mind for a new steward. Just moments from the iconic Silver Lake Reservoir and the neighborhood's best collection of dining, shopping and more, this extraordinary compound offers the increasingly elusive opportunity to possess a piece of Los Angeles history without compromising on modern comfort, design, or lifestyle. Whether seeking multigenerational living quarters, supplemental rental income, or a long-term investment, this private villa compound offers remarkable versatility.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,347 | 1,672 |
| Lot Size | 5,464 | 6,067 |
| Price | $3.29M | $1.37M |
| Price per sq ft | $984 | $801 |
| Built year | 1925 | 1939 |
| HOA | $0 | $348 |
| Days on market | 34 | 56 |
Jun 18, 2026
$3,295,000
Initial Listing
Jul 26, 2023
$3,099,000
Public Record
May 20, 2022
$1,800,000
Public Record
Mar 30, 1994
$150,000
Public Record