
Los Angeles, California 90039
This Architectural Natural Modernism Residence is a Strong Value Opportunity, listed at $2,385,000—positioned well below the $2,481,964 Fair Market Value by 3%. This valuation gap offers $96,964 in Instant Equity. Featuring a Condition Rating of 3, the home offers move-in ready interiors, expansive glass walls, and a versatile workspace over the garage. Located in the prestigious Ivanhoe Elementary School district, this property is an ideal acquisition for Design-Conscious Professionals or Owner-Occupants seeking a unique hillside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2262 Panorama Terrace Subject | $2,385,000* List Price | 3 | 4 | 2,195 | $1,131 | - |
A 2299 Panorama Terrace Sold | $2,416,000 | 3 | 3 | 2,320 | $1,041 | 0.1 mi |
B 2644 Armstrong Avenue Sold | $2,761,500 | 3 | 3 | 2,387 | $1,157 | 0.4 mi |
C 2403 Lanterman Terrace Sold | $3,037,000 | 3 | 4 | 2,475 | $1,227 | 0.1 mi |
D 2372 Kenilworth Avenue Sold | $2,200,000 | 3 | 2 | 2,153 | $1,022 | 0.2 mi |
E 2415 Edgewater Terrace Sold | $2,182,000 | 5 | 3 | 2,190 | $996 | 0.5 mi |
F 2501 Kenilworth Avenue Sold | $2,600,000 | 3 | 3 | 1,930 | $1,347 | 0.3 mi |
G 3101 Fernwood Avenue Sold | $2,000,000 | 2 | 2 | 1,745 | $1,146 | 0.2 mi |
H 2001 Kenilworth Avenue Active | $2,750,000 List Price | 4 | 4 | 2,655 | $1,036 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1992, this architectural residence is exceptionally well-maintained and move-in ready. While the kitchen and baths retain their original 'Natural Modernism' design, they feature high-quality cabinetry and updated stainless steel appliances (LG/KitchenAid). The systems and structural elements appear functional and pristine, exceeding the typical wear expected for its age.
Designed by noted architect Dana Taylor, this 'Natural Modernism' residence features a sophisticated concrete and wood design that seamlessly integrates with the granite hillside, offering soaring ceilings and expansive walls of glass.
The property is ideally situated in Silver Lake, providing immediate access to the reservoir's hiking trails, trendy boutiques, and the prestigious Ivanhoe Elementary School district.
The inclusion of a separate home/workspace or guest quarters located above the garage offers rare flexibility for remote work, creative studios, or multi-generational living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The steep, terraced nature of the lot may limit usable flat outdoor space and could present higher long-term maintenance requirements typical of hillside properties.
At a list price exceeding $1,000 per square foot, the property is positioned at the top of the market, which may require a specific buyer profile looking for architectural pedigree over sheer volume.
A compelling study in Natural Modernism architecture and landscape, this remarkable Silver Lake residence was designed by noted architect Dana Taylor in 1992. Conceived as an extension of the hillside rather than an imposition upon it, the home is carefully embedded within the natural terrain of granite and mature foliage, allowing the home and site to co-exist in quiet dialogue. Perfectly carved into the hillside, the concrete and wood design embraces its setting with soaring ceilings, expansive walls of glass, wood floors, French doors and windows, and gallons of natural light pouring through the living space throughout the day. An open, effortless floor plan creates a natural flow while framing sweeping views of the surrounding hillsides, coupled with decks and patios for entertaining, curated gardens, and a lush, terraced backyard. The designer even created a separate home/workspace or additional living quarters over the garage. Ideally located just moments from the best of Silver Lake, with its celebrated restaurants, independent boutiques, the reservoir's scenic hiking trails, and the highly regarded Ivanhoe Elementary School. Call us for an appointment!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,195 | 1,672 |
| Lot Size | 5,115 | 6,067 |
| Price | $2.38M | $1.37M |
| Price per sq ft | $1.1K | $801 |
| Built year | 1992 | 1939 |
| HOA | $0 | $348 |
| Days on market | 12 | 56 |
Jul 10, 2026
$2,385,000
Initial Listing
Jan 2, 1998
$489,000
Public Record