2503 Silver Lake Terrace, Los Angeles, CA 90039
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2503 Silver Lake Terrace Los Angeles, CA 90039

$4,000,000 Sold Price as of 09/10/2020
  • 3 Beds
  • 4.5 Baths
  • 2,989 Sq.Ft.
Sold
$4,000,000 Sold Price as of 09/10/2020 Refinance Your Mortgage

Map preview of 2503 Silver Lake Terrace, Los Angeles, CA 90039

Property Overview: 2503 Silver Lake Terrace Los Angeles, CA has 3 bedrooms, 4.5 bathrooms, 2,989 living square feet and 11,190 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: What Silver Lake dreams are made of; a home providing everything you need for each aspect of your life. This remarkable hillside compound is located at the apex of a cul-de-sac in the coveted Ivanhoe Elementary school district. Sequestered discreetly behind a gate in the surround of mature landscaping, the property expands before your eyes and wraps you in its warm embrace. Bohemian spirit resonates across rambling grounds covering a quarter acre, with features that include a guest house, art studio, fruit trees, vegetable beds and a sparkling pool. The meticulous interior renovation was guided by renown designers Nickey-Kehoe; the dramatic modern pool house with green roof is the work of John Umbanhower, AIA. Volumes of space offer the ability to isolate for work, play, family time and a resort-style vacation in your own back yard. With gorgeous hillside and Reservoir views you're in a rarefied, tranquil setting just minutes away from Trader Joe's, Whole Food 365 and so much more.

Listed by Tracy B Do | BRE #01350025 | Compass
Co-listed by Ronda Doyal | BRE #01912802 | Compass
Last checked: 13 minutes ago | Last updated: March 17th, 2023 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
11,190
HOA Dues
$0/mo
Year built
1939
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
20624224
City
Los Angeles
County
Los Angeles
Time on Site
1345 days

Virtual Tour

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Property Details for 2503 Silver Lake Terrace

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room, Decorative, Gas, Kitchen
Room Information
  • Flooring: Tile, Wood
  • Family Room, Art Studio, Living Room, Master Bathroom
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Above Ground
Exterior Features
  • Has Patio
  • Pool Features: In Ground
  • Deck, Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Reservoir, Hills, Pool, Landmark
  • Common Walls: No Common Walls
  • Parcel Number: 5439019015
  • Year Built Source: Assessor
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Google Maps.
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Sale History for 2503 Silver Lake Terrace

Last sold for $4,000,000 on September 10th, 2020
  • September, 2020

  • Sep 10, 2020

    Date

    Sold

    CRMLS: 20624224

    $4,000,000

    Price

  • Sep 8, 2020

    Date

    Pending

    CRMLS: 20624224

    $3,750,000

    Price

  • Aug 31, 2020

    Date

    Active

    CRMLS: 20624224

    $3,750,000

    Price

  • September, 2020

  • Sep 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $4,000,000

    Price

  • April, 2016

  • Apr 14, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2004

  • May 4, 2004

    Date

    Sold

    CRMLS: 12031583

    $1,007,500

    Price

  • Feb 13, 2004

    Date

    Active

    CRMLS: 12031583

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    OUTSTANDING LAKE AND HOLLYWOOD SIGN VIEWS FROM EVERY ROOM. GREAT AREA HIGH IN THE SILVERLAKE HILLS. NON-PERMITTED BONUS 2BR/1BA DOWNSTAIRS UNIT. LARGE VERY PRIVATE YARD. HARDWOOD FLOORS, FIREPLACE. JUST NEEDS SOME TLC TO MAKE A CHARMING CHARACTER HILLSIDE HOME.

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Tax History for 2503 Silver Lake Terrace

Assessed Value (2020): $1,770,100
Year Land Value Improved Value Assessed Value
2020 $1,327,409 $442,691 $1,770,100

Home Value Compared to the Market

This property vs the competition

2503 Silver Lake Terrace sold on September 10, 2020 for 234.82% 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 $1254.6 per/sqft which puts the price per square foot 73.29% higher than the current median sale per square foot for the city of Los Angeles.

About 2503 Silver Lake Terrace

Detailed summary of property

2503 Silver Lake Terrace is a single family home that recently sold in Los Angeles, CA 90039. This house offered 3 bedrooms, 4.5 bathrooms, roughly 2,989 living square feet, and sits on an approximately 11,190 square foot lot. 2503 Silver Lake Terrace was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $4,000,000. 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 234.82% higher than the current median priced home. Local homes that are currently for sale include 4817 Glencairn Rd, 2066 N Edgemont St and 2324 N Catalina St. While the average home in Los Angeles, CA is selling in 106 days, 2503 Silver Lake Terrace has a days on market of 5 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 2503 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 2503 Silver Lake Terrace

Public county record property details
Beds
3
Baths
4
Year built
1939
Sq. Ft.
2,659
Lot Size
11,190
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
28
APN
5439-019-015

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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Related Resources to 2503 Silver Lake Terrace

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.