2299 Panorama Terrace, Los Angeles, California 90039, Los Angeles, 90039 - 3 bed, 3 bath
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Los Angeles, California 90039
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $2,195,000—positioned well below the $2,328,681 Fair Market Value by 5%. This valuation gap offers $133,681 in Instant Equity. Featuring a Mint Condition Rating, the home includes a chef's kitchen, solar panels, and panoramic views. Located in the prestigious Ivanhoe Elementary School District, this residence balances modern sustainability with architectural character. It is an ideal acquisition for discerning professionals or owner-occupants seeking a high-end, turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2299 Panorama Terrace Subject | $2,195,000* List Price | 3 | 3 | 2,320 | $1,004 | - |
A 2372 Kenilworth Avenue Sold | $2,200,000 | 3 | 2 | 2,153 | $1,022 | 0.2 mi |
B 2264 Moreno Drive Sold | $2,779,050 | 3 | 4 | 2,633 | $1,055 | 0.2 mi |
C 3209 Windsor Avenue Sold | $1,822,500 | 2 | 3 | 2,546 | $716 | 0.5 mi |
D 2415 Edgewater Terrace Active Under Contract | $2,199,000 List Price | 5 | 3 | 2,190 | $1,004 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1936, the property has undergone a comprehensive high-end renovation within the last 5 years. It features a modern chef's kitchen with custom cabinetry and high-end finishes, along with fully remodeled bathrooms. Major systems are modernized, including upgraded electrical, copper plumbing, solar panels, and an EV charger, placing it in mint, move-in-ready condition.
Situated in the prestigious Moreno Highlands neighborhood and within the highly coveted Ivanhoe Elementary School District, offering exceptional long-term investment value.
The home perfectly balances 1936 architectural charm with sweeping panoramic views of the city lights and hills, visible from multiple vantage points including a private balcony.
Equipped with rare high-value features for a character home, including solar panels, an EV charging outlet, updated copper plumbing, and upgraded electrical systems.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2320, other record living area = 1371. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The terraced backyard and hillside location may limit the amount of flat, usable outdoor space for recreation or gardening compared to level lots.
With the primary suite and office located on a separate lower level from the main living areas, the floor plan may be less convenient for buyers seeking a traditional single-story flow.
Beautifully preserved and thoughtfully updated 1936 home offering sweeping views, timelesscharacter, and modern comforts throughout. This inviting residence features three bedrooms, two tastefully remodeled bathrooms, and a charming powder room on the main level. Enter through a private, enclosed front courtyard into a spacious living room highlighted by wood floors, a cozy fireplace, a balcony with scenic outlooks, and a charming library nook. The adjacent dining area flows seamlessly into a generous chef's kitchen, complete with a large center island, built-in breakfast banquette, custom cabinetry, and stylish tile finishes.The main level includes two well-appointed bedrooms and a full bathroom and half bath.Downstairs, the home unfolds into a comfortable media/lounge area, leading further to a serene and expansive primary suite. This retreat offers a large walk-in closet, a beautifully appointed en-suite bathroom, a dedicated laundry room, and a private office ideal for working from home or creative pursuits. A door opens to a terraced backyard, perfect for entertaining, relaxing, or enjoying the outdoors in a peaceful setting. Located in the highly sought-after Moreno Highlands neighborhood and within the desirable Ivanhoe Elementary School District, this home also includes a two-car garage, updated copper plumbing, upgraded electrical, and solar panels and an EV outlet for a charger.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 2,320 | 1,636 | 80% |
| Lot Size | 5,206 | 5,563 | 34% |
| Price | $2.19M | $1.51M | 73% |
| Price per sq ft | $946 | $1.1K | 36% |
| Built year | 1936 | 1930 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 123 | 3% |
May 15, 2026
$2,195,000
Initial Listing
Nov 25, 2015
$1,425,500
Public Record