
Los Angeles, California 90039
This Authentic Silver Lake Character Home is listed at $1,500,000, positioned above the $1,387,735 Fair Market Value. Currently holding a Fair Condition Rating, the property’s primary value lies in its 5,471 sqft lot and significant development potential for an ADU or expansion. The residence features mountain views and sits in a high-demand pocket with exceptional walkability to Echo Park boutiques and dining. This property represents a strategic value-add opportunity for Value-Add Investors or Owner-Occupants prepared to modernize a quintessential Los Angeles asset to maximize long-term ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2125 Cove Avenue Subject | $1,500,000* List Price | 2 | 1 | 1,023 | $1,357 | - |
A 1926 Whitmore Avenue Sold | $1,097,600 | 2 | 2 | 1,024 | $1,072 | 0.3 mi |
B 2342 Earl Street Sold | $1,400,000 | 3 | 2 | 1,065 | $1,315 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1981, making it 43 years old. While the description highlights 'charm' and 'authentic character,' there are no interior images provided, especially of the kitchen and bathroom. This absence strongly suggests that these key areas have not undergone recent, significant renovations to modern standards. The exterior appears maintained but not recently updated. The phrase 'outstanding potential' often implies that updates or renovations are needed. Given the age and lack of visual evidence of modern updates, the home likely functions but shows signs of being outdated, aligning with the 'fair' condition criteria.
Located in one of Los Angeles' most desirable neighborhoods, offering excellent walkability to popular cafés, dining, boutiques, and essentials, with effortless access to Downtown LA and major freeways.
Features a private yard surrounded by mature greenery, providing an inviting setting for relaxation, outdoor dining, gardening, or creating a custom outdoor lounge.
The home exudes authentic charm, warmth, and timeless appeal, offering a quintessential Los Angeles living experience.
The current list price of $1,500,000 is approximately 9% above the estimated property value of $1,360,236, potentially indicating an aggressive pricing strategy.
With only one bathroom for two bedrooms, the property may not meet the needs or preferences of all prospective buyers, particularly families or those seeking more modern amenities.
At 1023 square feet, the interior living space is relatively modest for the price point in this market, which could be a consideration for buyers seeking more expansive living areas.
Charming Home with Endless Character and Exceptional Convenience! A rare opportunity to own a quintessential Los Angeles home set in one of the city’s most desirable neighborhoods. Bursting with charm, warmth, and authentic character, this property offers a perfect blend of timeless appeal and urban convenience. The outdoor space is where this home truly shines. Enjoy your morning coffee, afternoon relaxation, or outdoor dining in the private yard surrounded by mature greenery. This inviting setting offers space to create your dream garden, host gatherings, or design an outdoor lounge, your own peaceful retreat within the city. Located near popular cafés, dining, boutiques, grocery options, and everyday essentials, this home delivers the ideal balance of walkability and lifestyle. With close proximity to Downtown LA and easy access to major freeways, commuting and city access are effortless. Whether you’re seeking your first home, a cozy retreat, or a property with outstanding potential in a wonderful location, this one is not to be missed. Don’t miss your chance to own a piece of a unique lifestyle!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 1,023 | 1,636 | 20% |
| Lot Size | 5,471 | 5,407 | 52% |
| Price | $1.50M | $1.47M | 52% |
| Price per sq ft | $1.5K | $1.0K | 92% |
| Built year | 1981 | 1930 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 141 | 167 | 45% |
Dec 2, 2025
$1,500,000
Initial Listing