542 N Commonwealth Avenue, Silver Lake, California 90004, Silver Lake, 90004 - 3 bed, 3 bath
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Silver Lake, California 90004
Analysis of 542 N Commonwealth Avenue, Silver Lake, California 90004 is currently available with a list price of $1,720,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Silver Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Built in 2021, this modern residence is virtually new and meets all current quality standards. The property features a contemporary kitchen with high-end stainless steel appliances, stone countertops, and flat-panel cabinetry. The bathrooms are finished with modern tile work and glass enclosures. With light wood flooring throughout, recessed lighting, and a clean, minimalist aesthetic, the home shows no signs of physical depreciation or deferred maintenance.
Built in 2021, this stand-alone home features contemporary finishes, a dedicated office, and a spacious 2,947 sqft layout that meets the high standards of modern luxury living.
Situated on the Silver Lake and Virgil Village border, the property offers exceptional walkability to trendy cafes, boutiques, and neighborhood favorites, ensuring a vibrant lifestyle.
The residence is set behind a gated entry and includes a direct-access two-car garage, providing a rare 'lock-and-leave' convenience and peace of mind for urban homeowners.
Despite its location in the hilly Silver Lake area, the property does not offer the panoramic views often sought after by buyers in this specific neighborhood.
A recent reduction from the original list price may indicate that the property was initially positioned above market value, potentially affecting its perceived momentum among buyers.
Set behind a gated entry, this recently built stand-alone home offers a rare mix of privacy, quality, and convenience at the Silver Lake/Virgil Village border. Designed for both comfort and function, the layout includes three bedrooms, two and a half baths, a dedicated office, and a sunlit terrace. The main floor flows naturally from the open living and dining areas into a contemporary kitchen, with laundry, a half bath, and direct access to a two-car garage adding everyday ease. Thoughtful design choices, quality finishes, and abundant natural light create a bright, timeless atmosphere throughout. Enjoy outdoor space for morning coffee or evening gatherings, plus the lock-and-leave peace of mind that makes homeownership effortless. With excellent value per square foot and a location near some of LA’s best cafes, shops, and neighborhood favorites, this residence offers the perfect balance of lifestyle and long-term investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 2,947 | 2,534 | 67% |
| Lot Size | 7,500 | 7,009.5 | 57% |
| Price | $1.72M | $1.86M | 41% |
| Price per sq ft | $584 | $916 | 13% |
| Built year | 2021 | 1922 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 201 | 196 | 54% |
Jan 13, 2026
$1,720,000
$1,780,000
-3% Price Drop
Initial Listing
Oct 3, 2025
$1,780,000
Initial Listing
Dec 4, 2023
$1,685,000
Public Record
Oct 21, 2021
$1,400,000
Public Record