
Los Angeles, California 90039
This Spacious Silver Lake Townhome is a Strong Value Opportunity, listed at $1,099,000—positioned well below the $1,110,643 Fair Market Value by 1%. This valuation gap offers $11,643 in Instant Equity. Featuring an Excellent Condition Rating with modern interior renovations, the home includes a versatile bonus room, private deck, and rare neighborhood storage. Located near Ivanhoe Elementary, this residence balances lifestyle convenience with financial stability. It is an ideal acquisition for Owner-Occupants seeking a turnkey home or first-time buyers prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2844 Avenel Street Subject | $1,099,000* List Price | 3 | 3 | 2,049 | $542 | - |
A 2753 Waverly Drive 601 Pending | $1,295,000 List Price | 4 | 4 | 1,910 | $678 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1977, the property has undergone significant interior renovations within the last 5-15 years. The kitchen is updated with stainless steel appliances, stone countertops, and modern cabinetry. The presence of recessed lighting, contemporary flooring, and updated bathroom vanities indicates the home is well-maintained and move-in ready.
Situated in the heart of Silver Lake near Ivanhoe Elementary and the Reservoir, the property offers excellent walkability to local cafes, shops, and Sunset Boulevard.
With approximately 2,049 sq. ft. of living space including a versatile bonus room and an attached two-car garage, the home provides rare flexibility and scale for a townhome.
The residence features abundant closet space and significant additional storage, addressing a common shortage in the neighborhood and enhancing everyday utility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2049, other record living area = 1591.
The monthly association fee of $713 represents a significant recurring expense that may impact the overall affordability and budget for some buyers.
The property listing indicates no views, which may be a drawback for buyers specifically looking for the hillside or city vistas common to the Silver Lake area.
Set in the heart of Silver Lake, this spacious 3-bedroom, 2.5-bath townhome offers an exceptionally functional layout, generous storage, and the everyday ease of an attached two-car garage. Approximately 2,049 sq. ft. as measured by CubiCasa, including the bonus room (public records show 1,591 sq. ft.), the home provides flexible space for a home office, gym, playroom, or studio while offering the separation of all bedrooms and 2 full baths on the upper level.Thoughtfully designed for real life, the residence features abundant closet space and remarkable additional storagean uncommon advantage in the neighborhood. Enjoy close proximity to Ivanhoe Elementary, the Silver Lake Reservoir, neighborhood cafs, shops, restaurants, and the best of Sunset Boulevard, with convenient access to Los Feliz, Atwater Village, and Hollywood. - WOW
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,049 | 1,219.385 |
| Lot Size | 20,663 | 27,236.074 |
| Price | $1.10M | $800.2K |
| Price per sq ft | $536 | $650 |
| Built year | 1977 | 1979 |
| HOA | $713.0 | $685 |
| Days on market | 1 | 72 |
Sep 8, 2026
$1,099,000
Initial Listing
May 30, 2014
$650,000
Public Record