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2501 Silver Lake Terrace, Los Angeles, CA 90039
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2501 Silver Lake Terrace Los Angeles, CA 90039

$3,600,000 Sold Price as of 08/04/2023
  • 3 Beds
  • 3.5 Baths
  • 2,523 Sq.Ft.
Sold
$3,600,000 Sold Price as of 08/04/2023 Refinance Your Mortgage
Map preview of 2501 Silver Lake Terrace, Los Angeles, CA 90039

Property Overview: 2501 Silver Lake Terrace Los Angeles, CA has 3 bedrooms, 3.5 bathrooms, 2,523 living square feet and 9,027 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Silver Lake dream lives in this stunning midcentury circa 1951 with an updated interior including kitchen design by Barbara Bestor. Tucked into a cul-de-sac in the Ivanhoe school boundary, the gated home feels private and serene amid breathtaking surroundings. Iconic midcentury motifs include open beams, wood paneling and handcrafted built-ins; walls of glass connect indoor and outdoor spaces bathed in warm natural light. For chefs and entertainers there's a remodeled kitchen with a pro-style Wolf range, Subzero fridge and oversized prep + dining island. The cavernous Primary suite enjoys Reservoir views, and two additional bedrooms gaze onto a lush private patio. Landscaped grounds create tranquil resort vibes complete with a pool, spa, pool house, fire pit and outdoor kitchen for hosting gatherings against the scenic backdrop of the Griffith Observatory, Hollywood Sign and Silver Lake Reservoir. Remarkably this peaceful retreat is just minutes from coffee, Whole Foods and more.

Listed by Tracy B Do | BRE #01350025 | Coldwell Banker Realty
Co-listed by Ronda Doyal | BRE #01912802 | Coldwell Banker Realty
Last checked: 9 minutes ago | Last updated: February 7th, 2024 | Source CRMLS | DOM: 68

Home details

Lot Sq. Ft
9,027
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
23266435
City
Los Angeles
County
Los Angeles
Time on Site
471 days

Property Details for 2501 Silver Lake Terrace

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Wood, Tile
  • Projection
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: In Ground
Exterior Features
  • Pool Features: In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Carport, Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Reservoir, Mountain(s), Landmark, City Lights
  • Common Walls: No Common Walls
  • Parcel Number: 5439019016
  • Year Built Source: Assessor
  • Architectural Style: Mid Century Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Google Maps
View more facts & features

Local Los Angeles Agent

Sale History for 2501 Silver Lake Terrace

Last sold for $3,600,000 on August 4th, 2023

  • August, 2023

  • Aug 4, 2023

    Date

    Sold

    CRMLS: 23266435

    $3,600,000

    Price

  • May 15, 2023

    Date

    Active

    CRMLS: 23266435

    $3,800,000

    Price

  • February, 2016

  • Feb 17, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,550,000

    Price

  • December, 2015

  • Dec 7, 2015

    Date

    Price Change

    CRMLS: 15963819

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    Fabulous 50s Modern - First time on the market - The Malet Residence, circa 1951. Located at the end of a quiet cul-de-sac, and sited below street level down a long private drive, sits this undisturbed mid-century home that is waiting to be re-vitalized and brought back to the glory of its heyday. Once inside the formal entry you are drawn into the expansive, open plan living and dining area with fireplace. A den with built-in shelving opens to the living area through a series of sliding panels. The eat-in kitchen is a time capsule, and features vast amounts of cabinetry and storage. The master suite, an addition, encompasses the entire second level of the home, and features built-in shelving, a spacious bath with dual sinks, an enormous walk-in closet, and an art studio with northern light. Excellent indoor-outdoor flow and reservoir views, from the living areas and master. Skylights, Beamed Ceilings, wood floors, Central ac & heat.

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Tax History for 2501 Silver Lake Terrace

Assessed Value (2020): $1,718,568
Year Land Value Improved Value Assessed Value
2020 $1,174,438 $544,130 $1,718,568

Home Value Compared to the Market

This property vs the competition

2501 Silver Lake Terrace sold on August 4, 2023 for 212.05% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $1385.26 per/sqft which puts the price per square foot 91.33% higher than the current median sale per square foot for the city of Los Angeles.

About 2501 Silver Lake Terrace

Detailed summary of property

2501 Silver Lake Terrace is a single family home that recently sold in Los Angeles, CA 90039. This house offered 3 bedrooms, 3.5 bathrooms, roughly 2,523 living square feet, and sits on an approximately 9,027 square foot lot. 2501 Silver Lake Terrace was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $3,600,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 212.05% higher than the current median priced home. Local homes that are currently for sale include 3616 Cadman Dr, 4310 Cedarhurst Circle and 1625 Blake Ave. While the average home in Los Angeles, CA is selling in 106 days, 2501 Silver Lake Terrace has a days on market of 68 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2501 Silver Lake Terrace Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2501 Silver Lake Terrace

Public county record property details
Beds
3
Baths
3
Year built
1951
Sq. Ft.
2,523
Lot Size
9,026
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
29
APN
5439-019-016

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,688,880
Median List Price/Sq.Ft.
$942
Median Sold Price
$1,059,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
61
Median Sale to List Price %
96.36%
Avg Days on Market
19
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (7.69%), Other (30.77%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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