
Los Angeles, California 90039
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $2,995,000—positioned well below the $3,109,169 Fair Market Value by 3%. This valuation gap offers $114,169 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the residence includes a redesigned kitchen, designer bathrooms, and new HVAC/roof. Situated in the Ivanhoe Elementary School district with panoramic Griffith Observatory views, this property is the perfect fit for discerning professionals or owner-occupants seeking a polished, stress-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2536 Micheltorena Street Subject 4 bd · 4 ba · 3,100 sqft · $1,003 | $2,995,000* List Price | 4 | 4 | 3,100 | $1,003 | - |
A 2430 Lanterman Terrace Sold 3 bd · 2 ba · 2,657 sqft · $974 · 0.2 mi | $2,587,000 | 3 | 2 | 2,657 | $974 | 0.2 mi |
B 2276 Moreno Drive Sold 3 bd · 4 ba · 2,784 sqft · $891 · 0.3 mi | $2,480,000 | 3 | 4 | 2,784 | $891 | 0.3 mi |
C 3036 Castle Street Sold 3 bd · 4 ba · 2,932 sqft · $1,134 · 0.9 mi | $3,325,000 | 3 | 4 | 2,932 | $1,134 | 0.9 mi |
D 2507 Panorama Terrace Sold 3 bd · 3 ba · 2,118 sqft · $1,197 · 0.1 mi | $2,535,000 | 3 | 3 | 2,118 | $1,197 | 0.1 mi |
E 3351 Garden Avenue Sold 3 bd · 2 ba · 2,827 sqft · $944 · 0.9 mi | $2,670,000 | 3 | 2 | 2,827 | $944 | 0.9 mi |
F 2644 Armstrong Avenue Sold 3 bd · 3 ba · 2,387 sqft · $1,157 · 0.3 mi | $2,761,500 | 3 | 3 | 2,387 | $1,157 | 0.3 mi |
G 2516 Ivan Hill Terrace Sold 4 bd · 3 ba · 2,922 sqft · $897 · 0.6 mi | $2,620,000 | 4 | 3 | 2,922 | $897 | 0.6 mi |
H 1967 Micheltorena Street Sold 4 bd · 4 ba · 3,267 sqft · $826 · 0.7 mi | $2,700,000 | 4 | 4 | 3,267 | $826 | 0.7 mi |
I 2129 Redcliff Street Active 3 bd · 3 ba · 3,095 sqft · $1,082 · 0.5 mi | $3,350,000 List Price | 3 | 3 | 3,095 | $1,082 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone a comprehensive, high-end renovation featuring a redesigned kitchen with Viking and Fisher & Paykel appliances, and designer bathrooms with Zellige tile and marble finishes. All critical systems are new, including the HVAC, 200-amp electrical panel, tankless water heater, roof, and energy-efficient windows, meeting the criteria for mint condition with no maintenance required.
Situated in the prestigious Moreno Hills neighborhood of Silver Lake and within the highly coveted Ivanhoe Elementary School boundaries, providing exceptional long-term investment value.
The property is truly turnkey, featuring high-end designer finishes alongside critical infrastructure improvements including a new HVAC system, 200-amp electrical panel, and a new roof.
The home boasts picturesque and unobstructed views of the Griffith Observatory and the surrounding hills from the formal living areas and primary suite, a signature feature for the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3100, other record living area = 3045.
The property was recently sold within the past year on 2025-11-14. The sold price is $1,880,000.00. The property was recently sold within the past year on 2025-11-17. The sold price is $1,950,000.00.
At approximately 6,753 square feet, the lot size is relatively modest for the $3M price point, which may limit options for buyers desiring a pool or more expansive private grounds.
Originally built in the 1950s, this newly renovated 4 bed, 3.5 bath traditional home is ideally situated in Silver Lake's coveted Moreno Hills neighborhood, within the boundaries of highly regarded Ivanhoe Elementary School. Offering approximately 3,100 square feet of living space, the residence blends original architectural character with thoughtful designer updates, including refinished hardwood floors, new fixtures and finishes, and upgraded systems. Outdoors, multiple entertaining areas include a grassy yard, an elevated fire pit lounge, and a separate patio off the kitchen. Inside, a gracious formal living room is anchored by a fireplace with a traditional wood mantel, while oversized windows frame picturesque views of Griffith Observatory and the surrounding hills. French doors lead to a comfortable family room featuring pitched ceilings, a fireplace, and an adjoining office that can also serve as a fourth bedroom. Direct access from the family room opens to a newly laid brick patio and grassy lawn bordered by mature hedging, a vintage brick wall, and thoughtfully curated landscaping. An elevated pea gravel lounge with a fire pit provides an additional entertaining area, surrounded by flowering bougainvillea, fragrant sage, and drought-tolerant plantings. On the opposite side of the home, a formal dining room features an original bay window offering incredible views of the Griffith Observatory and surrounding hills. The adjoining kitchen has been beautifully redesigned with quartzite countertops, elegant cabinetry, a Viking six-burner range, and integrated Fisher & Paykel refrigeration. A charming breakfast nook with built-in seating and patterned wallpaper opens to a separate outdoor patio for alfresco dining. Beyond the breakfast area, a former storage space has been converted into a dedicated laundry room with built-in cabinetry and a new LG washer and dryer. Rounding out the main level is a moody powder room with a wall-mounted Calcutta Viola marble sink. Upstairs, the spacious primary suite features a fireplace, corner windows framing views of the surrounding landscape, and a generous walk-in closet leading to a beautifully renovated bathroom with dual vanities, custom cabinetry, Lulu and Georgia mirrors, and designer fixtures. A skylight illuminates the frameless glass shower, adding natural light to the space. The second en-suite bedroom features dormer windows tucked into alcoves flanking the bed, reflecting the home's traditional character. The adjoining bathroom features updated cabinetry and finishes, while the third bedroom is distinguished by Sandberg Henrick wallpaper. Completing the upper level is an additional full bathroom showcasing handmade Zellige tile by Zia and textured Portola Paint finishes. Extensive improvements include a new HVAC system, tankless water heater, upgraded 200-amp electrical panel, new composite shingle roof, exterior stucco, energy-efficient windows, and fencing. A detached garage provides additional parking and storage. Just moments from the Silver Lake Reservoir, Griffith Park, and the neighborhood's popular restaurants, cafes, and boutiques along Sunset Boulevard and Hyperion Avenue, including Botanica, Bacari, and Trader Joe's, this thoughtfully updated home offers a rare combination of traditional character, modern comfort, and quintessential Silver Lake living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,100 | 1,670.836 |
| Lot Size | 6,753 | 6,152.156 |
| Price | $3.00M | $1.34M |
| Price per sq ft | $966 | $807 |
| Built year | 1950 | 1941 |
| HOA | $0 | $238 |
| Days on market | 4 | 56 |
Nov 5, 2026
$2,995,000
Initial Listing
Nov 17, 2025
$1,950,000
Public Record
Nov 14, 2025
$1,880,000
Public Record