
Los Angeles, California 90039
This Turnkey Modern Compound is a Strong Value Opportunity, listed at $2,995,000—positioned well below the $3,159,330 Fair Market Value by 5%. This valuation gap offers $164,330 in Instant Equity. Featuring a 2024 down-to-the-studs rebuild, the property boasts an Excellent Condition Rating with high-end designer finishes, a saltwater pool, and a versatile 809-square-foot ADU. Ideally located near the Silver Lake Reservoir, this property is a perfect fit for discerning homeowners or investors seeking a premium, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2656 Locksley Place Subject 4 bd · 4 ba · 3,582 sqft · $882 | $2,995,000* List Price | 4 | 4 | 3,582 | $882 | - |
A 2276 Moreno Drive Sold 3 bd · 4 ba · 2,784 sqft · $891 · 0.6 mi | $2,480,000 | 3 | 4 | 2,784 | $891 | 0.6 mi |
B 2485 Lindsay Lane Sold 3 bd · 3 ba · 3,138 sqft · $701 · 0.3 mi | $2,200,000 | 3 | 3 | 3,138 | $701 | 0.3 mi |
C 1967 Micheltorena Street Sold 4 bd · 4 ba · 3,267 sqft · $826 · 0.9 mi | $2,700,000 | 4 | 4 | 3,267 | $826 | 0.9 mi |
D 2415 Edgewater Terrace Sold 5 bd · 3 ba · 2,190 sqft · $996 · 0.4 mi | $2,182,000 | 5 | 3 | 2,190 | $996 | 0.4 mi |
E 3351 Garden Avenue Sold 3 bd · 2 ba · 2,827 sqft · $944 · 0.6 mi | $2,670,000 | 3 | 2 | 2,827 | $944 | 0.6 mi |
F 2299 Panorama Terrace Sold 3 bd · 3 ba · 2,320 sqft · $1,041 · 0.7 mi | $2,416,000 | 3 | 3 | 2,320 | $1,041 | 0.7 mi |
G 2262 Panorama Terrace Sold 3 bd · 4 ba · 2,195 sqft · $1,064 · 0.7 mi | $2,335,000 | 3 | 4 | 2,195 | $1,064 | 0.7 mi |
H 3010 Glenmanor Sold 4 bd · 3 ba · 2,340 sqft · $1,017 · 0.7 mi | $2,380,000 | 4 | 3 | 2,340 | $1,017 | 0.7 mi |
I 2474 Silver Ridge Avenue Active 4 bd · 3 ba · 3,500 sqft · $685 · 0.5 mi | $2,398,000 List Price | 4 | 3 | 3,500 | $685 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a complete down-to-the-studs rebuild and remodel in 2024. All major systems including HVAC, electrical, plumbing, roof, and foundation are brand new. The kitchen and bathrooms feature high-end designer finishes (Thermador appliances, Quartzite/Marble counters) in mint condition.
Extensively rebuilt in 2024 down to the studs, the home features all-new electrical, plumbing, HVAC, and foundation, offering the peace of mind of new construction within a reimagined Spanish aesthetic.
The 809-square-foot, two-story ADU provides exceptional versatility for rental income, a professional creative studio, or multi-generational living, a rare find that significantly enhances the property's utility.
The interiors boast high-end curation including Calacatta Taupe Quartzite, Zia Zellige tiling, and Thermador appliances, creating a sophisticated, cohesive luxury environment that appeals to discerning buyers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3582, other record living area = 3374. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With a large main residence, a two-story ADU, and a pool all situated on a 6,236-square-foot lot, the remaining traditional yard or flat green space is relatively limited.
The distribution of bedrooms across separate levels and buildings may be less ideal for families with young children who prefer all primary sleeping quarters to be located on a single floor.
Tucked away in the Silver Lake hills, this private, fully gated designer compound pairs a beautifully reimagined 3 bed, 3 bath modern Spanish residence with a two-story 1 bed, 1 bath ADU and a secluded saltwater pool and spa. Extensively rebuilt, redesigned, and remodeled in 2024, the 2,773-square-foot main residence offers thoughtfully curated interiors, flexible living spaces, and an effortless connection to the outdoors. Enveloped by mature trees and lush hedging, the property enjoys a rare sense of privacy, all while being ideally positioned near the Silver Lake Reservoir and the neighborhood's celebrated shops and restaurants. Beyond the landscaped front garden, the main residence opens to a warm and inviting living room anchored by a fireplace. The adjoining kitchen is centered on a striking Calacatta Taupe Quartzite island, with custom slim-shaker sage-green cabinetry, a Zia Zellige tile backsplash, and Thermador appliances. An adjacent dining area overlooks cascading cypress trees and the pool beyond, while a flexible space off the kitchen lends itself beautifully to an office, family room, or playroom. Designed with versatility in mind, the home features two primary bedroom suites on separate levels. Upstairs, the primary suite occupies its own wing, complete with a generous walk-in closet, an oversized balcony overlooking the pool, and a spa-like bath with a Kohler rain shower, Zia Zellige tile, and a custom Calacatta Gold Marble dual vanity. A second bedroom, beautifully appointed full bath, and dedicated laundry room complete the upper level. Downstairs, the third bedroom/alternate primary suite is joined by a cozy den that opens directly to an intimate outdoor dining area, creating a private retreat for guests or extended stays. Additional flexible space offers room for a home gym, office, or storage. The lower level flows into the secluded, expansive backyard, where mature landscaping surrounds a saltwater pool and spa with a Baja shelf. Overlooking the pool is the 809-square-foot, two-story ADU, built in 2024, with 1 bed and 1 bath, offering exceptional flexibility as guest quarters, a home office, a creative studio, or an independent living space. As part of the extensive 2023-2024 transformation, the main residence was taken down to the studs and rebuilt and remodeled with updated electrical, plumbing, sewer line, roof, foundation, HVAC, and tankless water heaters, bringing modern infrastructure to the thoughtfully redesigned home. Ideally situated near the Silver Lake Reservoir, Ivanhoe Elementary, and the neighborhood's vibrant collection of restaurants, cafes, boutiques, fitness studios, and favorites such as Blair's, Makisupa, Broome St. General, and Edendale, this private compound brings together thoughtful design, substantial outdoor space, flexible guest accommodations, and the best of 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 | 3,582 | 1,675.469 |
| Lot Size | 6,236 | 6,126.393 |
| Price | $3.00M | $1.34M |
| Price per sq ft | $836 | $800 |
| Built year | 1930 | 1941 |
| HOA | $0 | $262 |
| Days on market | 22 | 56 |
Oct 2, 2026
$2,995,000
Initial Listing
Oct 30, 2024
$3,200,000
Public Record
Dec 11, 2020
$1,130,000
Public Record