3101 Fernwood Avenue, Los Angeles, California 90039, Los Angeles, 90039 - 2 bed, 2 bath
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Los Angeles, California 90039
This 1930s Spanish Residence is a Strong Value Opportunity, listed at $1,875,000—positioned slightly above the $1,826,548 Fair Market Value. While priced at market, the property offers a Condition Rating of 3, featuring fully owned solar panels, an updated kitchen, and a custom recording studio. With panoramic city and reservoir views, this home provides a unique blend of architectural character and modern creative flexibility. It is an ideal acquisition for creative professionals or owner-occupants seeking a move-in ready sanctuary in the coveted Silver Lake Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3101 Fernwood Avenue Subject | $1,875,000* List Price | 2 | 2 | 1,745 | $1,047 | - |
A 2116 Apex Avenue Sold | $1,471,000 | 3 | 2 | 1,321 | $1,114 | 0.7 mi |
B 2342 Earl Street Sold | $1,400,000 | 3 | 2 | 1,065 | $1,315 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1930s Spanish residence has been thoughtfully updated with recent improvements including an updated kitchen with new stainless steel appliances, solar panels, and reinforced decking. While it retains original architectural character, the overall condition is well-maintained and move-in ready, fitting the criteria for a property renovated within the 5-15 year range.
This 1930s Spanish residence perfectly blends historic character—featuring exposed beams and arched passageways—with breathtaking panoramic views of the Silver Lake Reservoir and the Downtown Los Angeles skyline.
The property includes a converted garage recording studio and a lower-level flex space, offering exceptional utility for musicians, artists, or remote professionals that is not included in the primary square footage.
Recent high-value improvements, including fully owned solar panels, updated appliances, and reinforced decking, provide modern efficiency and reduced maintenance costs for a vintage home.
With only two formal bedrooms at a $1.875M price point, the property may face challenges attracting larger families or buyers seeking a more traditional room count.
The 3,293 square foot lot is relatively small and features terraced landscaping, which limits the amount of flat, usable yard space typically desired for recreation or pets.
Perched in the coveted Silver Lake Hills just above the Silver Lake Reservoir, this romantic 1930s Spanish residence captures sweeping hillside and glittering city skyline views stretching from Downtown Los Angeles to Century City. Rich in architectural character and thoughtfully updated throughout, 3101 Fernwood Avenue offers timeless charm, modern comfort, and exceptional creative flexibility in one of LA's most sought-after hillside neighborhoods. Featuring approximately 1,745 square feet, the 2 bedroom, 2 full bathroom home is filled with natural light and positioned to capture stunning views from nearly every room. Original Spanish details include exposed wood beams, arched passageways, wrought-iron accents, hardwood and terracotta-tile floors, and a dramatic curved staircase. Expansive French doors open to a large view deck, creating a seamless indoor-outdoor flow ideal for entertaining, dining al fresco, or enjoying sunsets over the Silver Lake hills. The spacious floor plan includes a large living room with a fireplace, a formal dining room, an office nook surrounded by windows, and an updated kitchen with new stainless steel appliances. The lower level features a versatile bonus and flex space, currently configured as a laundry room, with potential for a gym, office, studio, or creative workspace. Adding even more flexibility, the converted two-car garage has been transformed into a custom recording studio connected to the home, with square footage not included in the listed living area. The space also functions beautifully as a private office, screening room, gym, guest suite, or potential additional bedroom. Outdoor spaces feature multiple patios, terraced gardens, mature landscaping, fruit trees, and a spa surrounded by lush greenery. Recent improvements include fresh interior and exterior paint, new landscaping, reinforced and repainted decks, updated tile finishes, newer French doors, and fully owned solar panels. Located moments from the Silver Lake Reservoir, neighborhood cafes, acclaimed restaurants, boutiques, farmers market, and vibrant Eastside nightlife, this exceptional hillside Spanish offers the perfect blend of architectural authenticity, privacy, creativity, and iconic Los Angeles views.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,745 | 1,636 | 54% |
| Lot Size | 3,293 | 5,563 | 8% |
| Price | $1.88M | $1.51M | 63% |
| Price per sq ft | $1.1K | $1.1K | 53% |
| Built year | 1930 | 1930 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 123 | 5% |
May 13, 2026
$1,875,000
Initial Listing
Nov 9, 2006
$960,000
Public Record