
Los Angeles, California 90039
This Modern Silver Lake Hillside Residence is a Prime Investment Opportunity, listed at $1,600,000—positioned well below the $1,662,927 Fair Market Value by 3%. This valuation gap offers $62,927 in Instant Equity for buyers. Boasting a Good Condition Rating, the 2006-built home features panoramic views of the Hollywood Sign, a granite kitchen, and a private patio. With rare parking for four vehicles and a versatile lower-level workspace, it balances lifestyle with financial upside near Los Angeles Unified schools. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2377 Silver Ridge Avenue Subject | $1,600,000* List Price | 2 | 3 | 2,167 | $767 | - |
A 3274 Garden Avenue Sold | $1,999,999 | 4 | 3 | 2,552 | $784 | 1.0 mi |
B 2504 N Via Artis Active | $1,198,000 List Price | 3 | 3 | 2,107 | $569 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property is well-maintained and move-in ready, fitting the 10-20 year age criteria for a 'good' rating. The interior features quality hardwood flooring, recessed lighting, and a functional kitchen with stainless steel appliances and granite countertops. While the finishes reflect the original construction era, the home shows minimal wear and tear and requires no immediate renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10478, living area = 2167.
The property boasts exceptional, unobstructed views of the Hollywood Sign, Griffith Observatory, and Silver Lake Reservoir, providing a quintessential and highly sought-after Los Angeles backdrop.
A rare find in the Silver Lake hills, the property features a long driveway accommodating four or more vehicles in addition to a two-car garage, significantly increasing convenience for residents and guests.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The three-story configuration requires frequent stair usage to move between the living areas, primary bedrooms, and the lower-level studio, which may not appeal to all buyers.
While the description mentions a third bedroom on the lower level, the official listing data specifies only two bedrooms, which could lead to confusion regarding legal egress or appraisal valuation.
Set in the hills of Silver Lake, this 2006-built residence captures direct views of the Hollywood Sign, Griffith Observatory, and the Silver Lake Reservoir. The elevated setting creates privacy, open sightlines, and consistent natural light throughout the day. The main level anchors the home with a seamless connection between kitchen, dining, and living areas, centered around a fireplace and opening to a private patio suited for outdoor dining and gatherings. The kitchen features granite countertops, stainless steel appliances, a gas cooktop with vent hood, a step-in pantry, and a built-in counter for seating or work. Hardwood flooring, recessed lighting, and large windows define bright interiors with clean lines and strong flow. Two bedrooms are positioned on the upper level. The primary suite faces outward toward the views and includes a walk-in closet with built-ins and a bath with a large shower, bench seating, and a separate vanity area. The second bedroom opens directly to the patio and works well as an office or den. A full bath with tub and shower completes this level. The lower level includes a third bedroom, powder bath, and an open-use area suited for a gym, studio, or workspace. A long driveway accommodates four or more vehicles, a rare feature in Silver Lake, along with direct access to a two-car garage with storage. Positioned near the center of the neighborhood, the home sits close to Whole Foods Market, Silver Lake Branch Library, and the reservoir’s walking paths and green space. Griffith Park and the Hollywood Hills are nearby, with Downtown Los Angeles within easy reach. Direct access to the 101, 5, 110, and Glendale Freeway keeps connectivity across the city efficient.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,167 | 1,643 | 77% |
| Lot Size | 10,478 | 5,407 | 96% |
| Price | $1.60M | $1.47M | 54% |
| Price per sq ft | $738 | $1.0K | 16% |
| Built year | 2006 | 1930 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 167 | 1% |
Apr 1, 2026
$1,600,000
Initial Listing