2638 Lake View Terrace E, Los Angeles, California 90039, Los Angeles, 90039 - 4 bed, 5 bath

2638 Lake View Terrace E, Los Angeles, California 90039 home-pic-0
ACTIVE$5,250,000$4,492/sqft
Est. Value: $5,484,195
4%
BelowEstimate
2638 Lake View Terrace E, Los Angeles, California 90039
4Beds
5Baths
4,492Sqft
9,394Lot

Price Vs. Estimate

The estimated value ($5,484,194.61) is $234,194.61 (4%) higher than the list price ($5,250,000). This property may be underpriced.

Key pros and cons

Top Pros:
Architectural Significance & Renovation: Recently renovated in 2022 by Barbara Bestor, FAIA, the residence showcases architectural mastery, attentive craftsmanship, and tailored finishes, offering a unique and high-design living experience.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4492, other record living area = 4038.

Compared to the nearby listings

Price:$5.25M vs avg $1.50M (+$3,750,000)99%
Size:4,492 sqft vs avg 1,600 sqft99%
Price/sqft:$1.2K vs avg $1.0K70%

More Insights

Built in 1931 (95 years old).
Condition: This property underwent an extensive renovation by Barbara Bestor, FAIA, completed in 2022. This recent, high-end renovation means all components are virtually new, meeting current quality standards. The kitchen features culinary-grade appliances, sleek cabinetry, and modern design. Bathrooms are opulent with high-end fixtures, unique materials like wood soaking tubs, and contemporary styling. Flooring (cement tile and ash wood), lighting, and overall finishes are all new and top-tier, reflecting a property that is essentially new construction in terms of condition and style, despite its original build year.
Year Built
1931
Close
-
List price
$5.25M
Original List price
$5.25M
Price/Sqft
$1,169
HOA
-
Days on market
-
Sold On
-
MLS number
P1-25311
Home ConditionExcellent
Features
Excellent View: Lake
Deck
Pool
Patio
ViewLake

About this home

Barbara Bestor, FAIA renovation completed in 2022. 4,492 sqft. cedar and Boral clad residence combines architectural mastery, attentive craftsmanship and tailored finishes to achieve a natural respite from the vibrancy of Silver Lake. Perched above the quaint side street, the property maximizes privacy and captures sweeping views of the reservoir, observatory and the Hollywood Sign. Cement tile and ash wood flooring, with ash and hemlock interior wood cladding. Living room anchored with tiled fireplace and direct access to the rear garden, trellised dining pavilion, outdoor fire pit and swimmer's pool. Forward sitting parlor. The dining room features wraparound windows and arresting hillside vistas. Chef's kitchen with culinary appliances and walk-in pantry, bar to congregate, built-in banquette and oversized picture window with greenery views and direct access to the garden. Den/media room, office alcove, bar and powder room.Double-height glass aperture frames the custom wood stair and railing to the second level, with its angled ceiling height reaching twelve feet. Spacious primary with proprietary balcony, adjacent walk-in closets and opulent bathroom with soaking tub, as well as integrated patio garden. Guest bedroom with en suite bathroom and additional third bedroom. Large salon and study with rear balcony, accessory bathroom and laundry. Lower level art studio with outdoor access, bathroom and additional storage.Environmental and safety considerations throughout, including solar, water filtration, water collection and interior fire sprinklers. Carport and charging station. Landscape design by Kathleen Ferguson. Ivanhoe School District.

G
George Penner
Listing Agent

Price History

Date
Event
Price
02/11/21
Sold
$3,745,500
05/24/19
Sold
$1,500,000
Condition Rating
Excellent

This property underwent an extensive renovation by Barbara Bestor, FAIA, completed in 2022. This recent, high-end renovation means all components are virtually new, meeting current quality standards. The kitchen features culinary-grade appliances, sleek cabinetry, and modern design. Bathrooms are opulent with high-end fixtures, unique materials like wood soaking tubs, and contemporary styling. Flooring (cement tile and ash wood), lighting, and overall finishes are all new and top-tier, reflecting a property that is essentially new construction in terms of condition and style, despite its original build year.
Pros & Cons

Pros

Architectural Significance & Renovation: Recently renovated in 2022 by Barbara Bestor, FAIA, the residence showcases architectural mastery, attentive craftsmanship, and tailored finishes, offering a unique and high-design living experience.
Panoramic Views: The property is strategically perched to capture sweeping, iconic views of the Silver Lake Reservoir, Griffith Observatory, and the Hollywood Sign, enhancing its desirability and value.
Luxury Finishes & Amenities: Features high-end materials such as cement tile and ash wood flooring, a chef's kitchen with culinary appliances, and an opulent primary bathroom with a soaking tub, reflecting a commitment to luxury.
Exceptional Outdoor Living & Entertainment: Boasts a rear garden, trellised dining pavilion, outdoor fire pit, and a swimmer's pool, along with multiple balconies and an integrated patio garden, providing diverse spaces for relaxation and entertaining.
Eco-Conscious & Modern Infrastructure: Incorporates advanced environmental and safety features including solar panels, water filtration, water collection systems, interior fire sprinklers, a carport, and an EV charging station.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4492, other record living area = 4038.
Lack of Explicit Central Air Conditioning: Despite extensive modern renovations and eco-friendly features, the description does not explicitly mention a central air conditioning system, which could be a drawback in Los Angeles' climate.
Potential for High Maintenance Costs: A large, architecturally complex home with a pool, extensive landscaping, and advanced systems (solar, water collection) will likely incur higher ongoing maintenance and utility costs.
Hillside Property Considerations: Being 'perched above the quaint side street' suggests a hillside location, which, while offering views and privacy, can sometimes present challenges with accessibility, usable flat yard space, or specific geological maintenance.
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