
Los Angeles, California 90039
This Reimagined 1930 Spanish Home is a Strong Value Opportunity, listed at $998,000—positioned well below the $1,043,414 Fair Market Value by 4%. This valuation gap provides $45,414 in Instant Equity. Boasting an Excellent Condition Rating, the residence features a modern kitchen with waterfall quartz and sweeping hillside views. The versatile lower-level suite with a private entrance offers significant rental or creative potential in a prime Silver Lake location. This is an ideal acquisition for Owner-Occupants or House-Hackers seeking a turnkey asset with built-in upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2321 Lake View Avenue Subject | $1,100,000* List Price | 3 | 2 | 1,509 | $776 | - |
A 1948 Sunflower Avenue Sold | $1,000,000 | 3 | 3 | 1,608 | $622 | 0.3 mi |
B 3041 Atwater Sold | $1,230,000 | 3 | 2 | 1,352 | $910 | 0.9 mi |
C 2615 Silver Ridge Avenue Sold | $1,384,500 | 3 | 2 | 1,730 | $800 | 0.4 mi |
D 1942 Cerro Gordo Street Sold | $1,400,000 | 3 | 3 | 1,794 | $780 | 0.4 mi |
E 2526 N Via Artis Avenue Sold | $1,130,000 | 3 | 3 | 2,107 | $536 | 0.2 mi |
F 2342 Lake View Avenue Active | $1,395,000 List Price | 3 | 3 | 1,948 | $716 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1930 Spanish home has been extensively renovated within the last five years, featuring a modern open kitchen with high-end waterfall quartz countertops and stainless steel appliances. The property includes fully updated bathrooms, contemporary flooring, and a reimagined tri-level layout that meets current quality standards with no visible deferred maintenance.
Situated in a highly sought-after neighborhood, the property offers exceptional proximity to the Silver Lake Reservoir, Meadow, and popular local amenities along Glendale Boulevard.
The lower level features a private entrance, full bath, and laundry, providing an ideal setup for a guest suite, creative workspace, or potential rental income.
This 1930 Spanish home seamlessly blends original architectural character with high-end updates, including a reimagined kitchen with waterfall quartz counters and bright, airy living spaces.
The tri-level floor plan requires navigating multiple sets of stairs, which may be a drawback for buyers seeking single-level living or those with mobility concerns.
While offering great views, the street-to-street hillside lot limits traditional flat yard space and may involve higher maintenance costs typical of hillside topography.
Silver Lake living feels exquisite in this 1930 Spanish, reimagined with modern sensibility and enjoying sweeping hillside views. The tri-level layout balances original charm and smart updates, featuring bright, airy rooms with effortless flow. In the living room, a large picture window frames the hills in golden light; the dining room centers on a grand arched window, a perfect backdrop for gatherings. The open kitchen is finished with waterfall quartz counters, stainless appliances, counter seating, and abundant storage. Three bedrooms and two updated baths provide versatility, including a lower-level suite with private entrance, full bath, and laundry, ideal for guests or creative work.Lush outdoor space expands across multiple terraces: a deck above the garage for sunset cocktails, a rustic stone patio for relaxing, and a serene garden retreat.From this street-to-street lot, enjoy proximity to the Reservoir, Meadow, Silver Lake Wine, Whole Foods, and local favorites along Glendale Boulevard.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,509 | 1,636 | 44% |
| Lot Size | 3,954 | 5,406 | 16% |
| Price | $1.10M | $1.45M | 20% |
| Price per sq ft | $729 | $1.0K | 16% |
| Built year | 1930 | 1930 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 65 | 167 | 14% |
Mar 10, 2026
$1,100,000
$998,000
+10% Price Increase
Initial Listing
Feb 16, 2026
$998,000
Initial Listing
Nov 30, 2021
$1,100,000
Public Record
Mar 4, 2019
$810,000
Public Record