
Los Angeles, California 90026
This Architectural Mid-Century Sanctuary is a Strong Value Opportunity, listed at $4,249,999—positioned well below the $4,316,681 Fair Market Value by 1%. This valuation gap offers $66,682 in Instant Equity. Featuring a Mint Condition Rating, this Perella Architecture reimagining offers uninterrupted reservoir views, a chef's kitchen, and four en suite bedrooms. Located near top-rated schools like Ivanhoe Elementary, this home provides a sophisticated lifestyle. It is an ideal acquisition for discerning luxury buyers or owner-occupants seeking a turnkey, design-forward residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1847 Fanning Subject | $4,249,999* List Price | 4 | 5 | 3,561 | $1,212 | - |
A 2127 Princeton Avenue Sold | $3,250,000 | 4 | 3 | 2,722 | $1,194 | 0.9 mi |
B 1611 Angelus Avenue Sold | $3,248,000 | 4 | 5 | 2,462 | $1,319 | 0.3 mi |
C 1622 Donaldson Street Active | $3,295,000 List Price | 5 | 6 | 2,966 | $1,111 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a complete architectural reimagining and expansion with high-end, contemporary finishes throughout. It features a modern chef's kitchen with premium appliances, designer en suite bathrooms, and updated systems including dual HVAC units, placing it in mint, move-in-ready condition.
Elementary School: Ivanhoe Elementary School (9/10).
A refined mid-century reimagining by Perella Architecture, featuring soaring vaulted ceilings and pocketing doors that create a seamless indoor-outdoor living experience.
The property boasts rare and uninterrupted panoramic views of the Silver Lake Reservoir and surrounding hills, significantly enhancing its prestige and market value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3561, other record living area = 2140. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The 331-square-foot garage is undersized for a luxury residence of over 3,200 square feet, which may be a constraint for buyers with multiple vehicles or storage needs.
With a lot size of 5,682 square feet, the outdoor space is primarily vertical and terraced, offering limited flat yard area for traditional recreation compared to other $4M+ properties.
Nestled into the hills of Silver Lake, 1847 Fanning Street is a refined reimagining of mid-century living by Perella Architecture. Expanded and fully redesigned for contemporary life, the home is composed around light, volume, and uninterrupted views of the Silver Lake Reservoir and surrounding hills. The main level is defined by soaring vaulted ceilings, warm natural light, and pocketing doors that dissolve the boundary between interior and exterior. Strategically placed glazing frames the landscape throughout the day, while the open living spaces offer an effortless setting for both entertaining and quiet retreat. The residence features four en suite bedrooms, including a serene primary suite oriented toward sweeping reservoir views. Below, a generous entertaining level with high ceilings and abundant light opens directly to the deck and terraced landscape beyond. Outside, layered wood steps, lush planting, and carefully considered outdoor spaces extend the home into the hillside. With designer finishes, thoughtful built-ins, and moments of character throughout, this is a rare Silver Lake offering: architectural, atmospheric, and deeply connected to its setting. The home is permitted at a total of 3,561 Square feet with a total of 610 square feet of Patios and decks. Living space: 3,230 Sqft, Garage: 331 Sqft, Lower Deck: 350 Sqft, Main floor/Bedroom Balcony: 130 Sqft each.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 5.0 | 2.0 | 94% |
| Square foot | 3,561 | 1,565.5 | 97% |
| Lot Size | 5,682 | 4,999 | 62% |
| Price | $4.25M | $1.52M | 99% |
| Price per sq ft | $1.2K | $942 | 73% |
| Built year | 1964 | 1928 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 122 | 2% |
May 27, 2026
$4,249,999
Initial Listing
Mar 6, 2025
$1,600,000
Public Record