2412 Reservoir Street, Los Angeles, California 90026, Los Angeles, 90026 - 3 bed, 2 bath
2412 Reservoir Street
Los Angeles, California 90026
Property Price
SUMMARY
Analysis of 2412 Reservoir Street, Los Angeles, California 90026 reveals a property with a current list price of $1,695,000, which is 7% above the estimated $1,583,698 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2412 Reservoir Street Subject | $1,695,000* List Price | 3 | 2 | 1,406 | $1,126 | - |
A 1338 Mccollum Street Sold | $1,750,000 | 4 | 3 | 1,676 | $1,044 | 0.1 mi |
B 1642 Silverwood Terrace Sold | $1,325,000 | 3 | 3 | 1,200 | $1,104 | 0.5 mi |
C 1414 N Coronado Terrace Sold | $1,785,000 | 3 | 2 | 1,494 | $1,195 | 0.2 mi |
D 2325 Berkeley Avenue Sold | $1,540,000 | 3 | 2 | 1,420 | $1,085 | 0.4 mi |
E 2635 Scott Avenue Sold | $1,750,000 | 2 | 1 | 1,518 | $1,153 | 0.3 mi |
F 1355 N Benton Way Sold | $1,450,000 | 3 | 1 | 1,280 | $1,133 | 0.2 mi |
G 1838 Westerly Terrace Pending | $1,795,000 List Price | 3 | 2 | 1,315 | $1,365 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1923, the property has undergone an extensive and stylish recent renovation that meets modern quality standards. The interior features a bright, open kitchen with high-end stainless steel appliances, updated bathrooms, and soaring ceilings with exposed beams. With updated electrical and HVAC systems, modern light fixtures, and high-quality flooring throughout, the home shows no signs of deferred maintenance and is in top-tier, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Silver Lake Location
Situated in a highly desirable pocket of Silver Lake, the property offers exceptional walkability to trendy hotspots like Pijja Palace and Bar Bandini, as well as close proximity to the Silver Lake Reservoir and Meadow.
- Architectural Character & Volume
The home features stunning soaring ceilings with exposed beams and large windows that create a bright, airy atmosphere with scenic treetop views, blending 1920s charm with modern updates.
- Exceptional Outdoor Living
The property includes a rare 'secret garden' with a large yard, dining patio, and grassy expanse, providing a level of privacy and serene seclusion that is difficult to find in this urban neighborhood.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1406, other record living area = 608. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Premium Pricing
With a price point near $1.7 million for approximately 1,400 square feet, the cost per square foot is significantly high, which may limit the buyer pool to those prioritizing location over interior space.
- Inconsistent School Ratings
While the area is served by some high-performing schools, the immediate neighborhood elementary and middle schools have lower ratings, which could be a drawback for education-focused families.
About 2412 Reservoir Street
In prime Silver Lake, this beautifully updated Traditional feels tucked away above the street, just moments from the energy of Sunset Blvd. Soaring ceilings with exposed beams set the tone in the spacious great room, filled with natural light and enjoying scenic treetop views. The open kitchen is stylish and bright, featuring stainless steel appliances and generous counter space; glass sliders open to the balcony, a breezy spot for your morning coffee. Three bedrooms and two baths accommodate your needs, with the primary suite occupying the entire second level. The large yard creates a sense of serene seclusion; a secret garden hidden in the trees, with a patio for dining al fresco and a grassy expanse for relaxation and play. Amenities include updated systems, AC/heat, a detached storage unit, and a garage. Andante Coffee Roasters, Bar Bandini, Greekman's, Pijja Palace, and Bodega Park are just blocks away, and it's a short hop to all the recreation at the Silver Lake Reservoir, Meadow, and Dog Park.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 4,455 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Mayberry Street Elementary School
Grades K-6 • 0.3 mi
Rosemont Avenue Elementary School
Grades K-5 • 0.6 mi
Micheltorena Street Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,406 | 1,511.5 | 42% |
| Lot Size | 4,455 | 5,060 | 30% |
| Price | $1.70M | $1.51M | 65% |
| Price per sq ft | $1.2K | $907 | 82% |
| Built year | 1923 | 1925 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 164 | 2% |
Pricing History
Listed for Sale
Mar 5, 2026
$1,695,000
$1,750,000
-3% Price Drop
Initial Listing
Price Change
Jan 12, 2026
$1,750,000
Initial Listing
Sold
Mar 13, 2018
$665,000
Public Record
Sold
Mar 13, 2018
$670,000
Public Record