
Los Angeles, California 90039
This Stunning Move-In Ready Home represents a Strong Value Opportunity, listed at $2,995,000—positioned well below the $3,219,440 Fair Market Value by 6%. This valuation gap offers $224,440 in Instant Equity for the buyer. Featuring a meticulous restoration, chef's kitchen, pool, and permitted ADU, the property holds a Mint Condition Rating. With its prime Silver Lake location and iconic skyline views, this residence is an ideal acquisition for Owner-Occupants or sophisticated investors seeking a high-end, turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2240 Ewing Street Subject | $2,995,000* List Price | 4 | 5 | 3,345 | $962 | - |
A 2348 Baxter Street Sold | $2,236,345 | 5 | 5 | 3,508 | $637 | 0.2 mi |
B 2139 Baxter Street Sold | $2,275,000 | 3 | 4 | 2,136 | $1,065 | 0.2 mi |
C 2415 Edgewater Terrace Sold | $2,182,000 | 5 | 3 | 2,190 | $996 | 0.7 mi |
D 1903 Lake Shore Avenue Active | $3,495,000 List Price | 6 | 7 | 3,342 | $1,046 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a meticulous restoration within the last 5 years, featuring a high-end chef's kitchen, white oak floors, and smart-home integration. All systems appear updated, and the addition of a permitted ADU and pool confirms a comprehensive, modern overhaul that places the home in mint, move-in-ready condition.
The property features a rare-for-the-neighborhood pool and hot tub, complemented by a permitted ADU that provides exceptional versatility for rental income, multi-generational living, or a private creative studio.
This 1910 original has been masterfully updated with high-end finishes, including white oak flooring, a chef's kitchen, and seamless smart-home integration, preserving historic character while offering modern luxury.
Situated in a highly walkable pocket of Silver Lake near the Reservoir, the home offers a primary suite with powerful, framed views of the Downtown Los Angeles skyline.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3345, other record living area = 1425. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The current list price of $2.995M is substantially lower than the 2022 sale price of $3.6M, which may raise concerns regarding previous overvaluation or shifting demand in this specific price bracket.
Despite the high-quality restoration, the 1910 vintage of the home may still present inherent maintenance challenges or higher insurance costs typical of century-old structures.
A masterful restoration of a 1910 Silver Lake original, 2240 Ewing Street arrives on the market with an architectural sensibility that is immediately felt upon entry. The home opens into a generous combined living and dining space, airy, light-filled, and designed for the way people actually live. The pool, rare for the neighborhood, serves as the connective spine of the property, linking the main residence and the permitted ADU while anchoring a private outdoor environment complete with a hot tub. Five bedrooms offer genuine flexibility, whether configured for a growing household, a private gym, a dedicated yoga studio, or an artist's retreat in the attic loft. Throughout, the restoration is meticulous: a chef's kitchen, white oak floors, smart-home integration, and a primary suite that frames the downtown Los Angeles skyline in a way that never loses its power. Ample parking is available off-street on the large driveway. This is one of Silver Lake's most complete and considered properties within a short distance of the Reservoir, dog park, farmer's markets, restaurants, and all the local amenities Silver Lake offers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 75% |
| Baths | 5.0 | 2.0 | 95% |
| Square foot | 3,345 | 1,622 | 96% |
| Lot Size | 7,494 | 5,479.5 | 87% |
| Price | $3.00M | $1.50M | 92% |
| Price per sq ft | $895 | $1.1K | 33% |
| Built year | 1910 | 1930 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 131 | 2% |
May 28, 2026
$2,995,000
Initial Listing
Nov 17, 2022
$3,600,000
Public Record
Nov 17, 2021
$1,100,000
Public Record