2507 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 $2,095,000—positioned well below the $2,280,869 Fair Market Value by 8%. This valuation gap offers $185,869 in Instant Equity for the buyer. Featuring a renovated kitchen, hardwood floors, and a permitted bonus space, the property boasts an Excellent Condition Rating. Located in the Ivanhoe Elementary School district, this residence offers a seamless indoor-outdoor lifestyle with expansive decks and hillside views. It is an ideal acquisition for discerning professionals or Owner-Occupants seeking a premium Silver Lake sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2507 Panorama Terrace Subject | $2,095,000* List Price | 3 | 3 | 2,118 | $1,077 | - |
A 2299 Panorama Terrace Sold | $2,416,000 | 3 | 3 | 2,320 | $1,041 | 0.3 mi |
B 2923 Acresite Street Sold | $1,975,000 | 4 | 3 | 2,024 | $976 | 0.8 mi |
C 3024 Sunnynook Sold | $2,550,000 | 4 | 4 | 2,090 | $1,220 | 0.9 mi |
D 2372 Kenilworth Avenue Sold | $2,200,000 | 3 | 2 | 2,153 | $1,022 | 0.3 mi |
E 2608 Ivanhoe Drive Sold | $2,380,000 | 3 | 2 | 1,935 | $1,230 | 0.5 mi |
F 2415 Edgewater Terrace Sold | $2,182,000 | 5 | 3 | 2,190 | $996 | 0.7 mi |
G 2262 Panorama Terrace Active | $2,385,000 List Price | 3 | 4 | 2,195 | $1,087 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Though built in 1937, the property has undergone a thoughtful and vibrant modern renovation. The kitchen and bathrooms are updated, the hardwood floors are in mint condition, and the presence of recessed lighting and modern fixtures suggests recent system upgrades (<5y reno). The home is in move-in ready, restored condition.
Situated in the prestigious Moreno Highlands of Silver Lake and within the highly coveted Ivanhoe Elementary School district, providing significant long-term value and desirability.
The property features a private front courtyard with a fireplace and expansive decks that overlook lush gardens and the Silver Lake hills, perfect for high-end entertaining.
Includes a flexible, permitted lower-level space ideal for a media room, home office, or gym, catering to modern lifestyle demands and adding functional square footage.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2118, other record living area = 1695.
The terraced lot and split-level floor plan may present accessibility challenges or be less ideal for buyers seeking a traditional flat backyard or single-level living.
With a list price exceeding $2 million for approximately 2,100 square feet, the property commands a high price-per-square-foot that may limit the pool of qualified buyers.
Tucked away in the sought-after Moreno Highlands neighborhood of Silver Lake, this thoughtfully renovated 1937 residence offers a quintessential expression of Los Angeles living. With 3BR & 3BA, the home balances original 1930's architectural character with vibrant modern updates, complemented by lush views of the home's mature gardens and yard and the Silver Lake hills. Entertain in the private front courtyard w/fireplace, perfect for sipping cocktails and dining, and then step inside to the formal entryway, light-filled living room, and dining areas, highlighted by a wall of French doors opening to an expansive deck, extending the living space outdoors. The renovated kitchen is both refined and highly functional. A private primary suite anchors the main level, while the lower level includes two additional en-suite bedrooms and baths, and a versatile permitted bonus space well-suited for a media room, home office, gym, or studio. Outside, a series of landscaped terraces and patios create a peaceful garden setting, offering lush open spaces for entertaining, outdoor dining, or simply enjoying the surroundings. Located within the coveted Ivanhoe Elementary School district and in close proximity to everything Silverlake. This is a rare opportunity to own a restored home in one of LA's most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,118 | 1,672 |
| Lot Size | 6,925 | 6,067 |
| Price | $2.10M | $1.37M |
| Price per sq ft | $989 | $801 |
| Built year | 1937 | 1939 |
| HOA | $0 | $348 |
| Days on market | 5 | 56 |
Jul 17, 2026
$2,095,000
Initial Listing
May 17, 2021
$1,775,000
Public Record
May 19, 1997
$326,000
Public Record