2525 Ivanhoe Drive, Los Angeles, California 90039, Los Angeles, 90039 - 3 bed, 2 bath
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2525 Ivanhoe Drive
Los Angeles, California 90039
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,827Sq Ft
10,392Lot Size
Property Price
LIST PRICE$1,799,000
EST. MARKET VALUE
$1,838,408
SUMMARY
This Single Family Residence represents a Prime Investment Opportunity, listed at $1,799,000—positioned well below the $1,838,408 Fair Market Value by 2%. This valuation gap provides $39,408 in Instant Equity. With a Condition Rating of 3, the home features updated stone-tiled baths and refinished hardwood floors. The expansive 10,392-square-foot lot and versatile den offer significant expansion potential for Buy-and-Hold Investors or Owner-Occupants seeking a Silver Lake property with iconic city light views and long-term appreciation.
Estimated Market Value
$1,838,408
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2525 Ivanhoe Drive Subject 3 bd · 2 ba · 1,827 sqft · $1,006 | $1,799,000* List Price | 3 | 2 | 1,827 | $1,006 | - |
A 2558 Corralitas Drive Sold 3 bd · 3 ba · 1,787 sqft · $1,097 · 0.5 mi | $1,960,000 | 3 | 3 | 1,787 | $1,097 | 0.5 mi |
B 2559 Corralitas Drive Sold 3 bd · 2 ba · 1,636 sqft · $990 · 0.5 mi | $1,620,000 | 3 | 2 | 1,636 | $990 | 0.5 mi |
C 3022 Tyburn Street Sold 3 bd · 2 ba · 2,279 sqft · $804 · 0.6 mi | $1,832,000 | 3 | 2 | 2,279 | $804 | 0.6 mi |
D 3510 Ferncroft Road Sold 3 bd · 2 ba · 1,283 sqft · $1,169 · 0.7 mi | $1,500,000 | 3 | 2 | 1,283 | $1,169 | 0.7 mi |
E 3338 Perlita Avenue Active 4 bd · 2 ba · 2,036 sqft · $982 · 0.9 mi | $1,999,500 List Price | 4 | 2 | 2,036 | $982 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1959, the property has undergone significant renovations likely within the 5-15 year range. The kitchen features a farmhouse sink and stainless steel appliances, the bathrooms have been updated with stone tiling and modern vanities, and the hardwood floors are recently refinished. The home is well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10392, living area = 1827.
- Prime Silver Lake Location & Views
Situated in a highly desirable neighborhood, the property offers iconic views of the city lights and mountains, providing a sense of privacy and a strong connection to the landscape.
- Significant Expansion Potential
The large 10,393-square-foot lot and flexible additional space offer a rare opportunity to add a guest suite or expand the living area, providing substantial value-add potential.
CONSRISKS & DEFICIENCIES
- Hillside Topography
The property is located on a steep hillside lot, which may limit flat, usable outdoor space and increase the complexity and cost of future construction or landscaping.
- Development Uncertainty
While the property offers potential for expansion, all future improvements are subject to buyer investigation and strict permitting processes, which can be time-consuming and costly.
About 2525 Ivanhoe Drive
Set on an approximately 10,393-square-foot hillside lot in the heart of Silver Lake, 2525 Ivanhoe Drive offers a compelling combination of space, views and future potential. This warm and inviting 3-bedroom, 2-bath home features refinished hardwood floors and a versatile den well suited for a home office, media room, studio or creative retreat.The living spaces capture views of the surrounding hills and city, creating a sense of privacy and connection to the landscape. Outside, the terraced backyard provides multiple areas for entertaining, gardening and relaxing, along with opportunities to further personalize the property.Additional flexible space may offer potential for a future guest suite, bedroom and bath, or expanded living area, subject to buyer investigation and all applicable permits and approvals. An attached two-car garage and driveway provide convenient off-street parking. Located in a desirable Silver Lake neighborhood near local dining, recreation, culture and community destinations, this property is ready to enjoy today while offering exciting possibilities for the future.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 10,392 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,827 | 1,675.469 |
| Lot Size | 10,392 | 6,126.393 |
| Price | $1.80M | $1.34M |
| Price per sq ft | $985 | $800 |
| Built year | 1959 | 1941 |
| HOA | $0 | $262 |
| Days on market | 27 | 56 |
Pricing History
Listed for Sale
Sep 27, 2026
$1,799,000
Initial Listing