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2507 Panorama Terrace, Los Angeles, CA 90039
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2507 Panorama Terrace Los Angeles, CA 90039

$1,775,000 Sold Price as of 05/17/2021
  • 3 Beds
  • 2 Baths
  • 1,695 Sq.Ft.
Sold
$1,775,000 Sold Price as of 05/17/2021 Refinance Your Mortgage
Map preview of 2507 Panorama Terrace, Los Angeles, CA 90039

Property Overview: 2507 Panorama Terrace Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,695 living square feet and 6,923 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The stage has been set for this 1937 Spanish beauty that is a true toast to LA style living. Nestled in the prime Moreno Highlands area of Silver Lake, this rare 3-bedroom 2-bathroom property boasts magnificent city & mountain views. With a dash of vintage elegance & a touch of refined beauty, this incredible home has maintained its original architectural characteristics. Make your way through its private front entrance & be welcomed by a gorgeous front courtyard that gives you the feeling of a vacation retreat. Its interior features include: a main level master bedroom w/private master bath, lovely formal living room & dining room w/views, French doors for indoor-outdoor living, updated kitchen w/custom crackle paint cabinets, vintage O'Keefe & Merritt stove, granite counter-tops & custom built-in sitting area, & a huge private balcony deck w/views & custom shades. The downstairs area offers 2 guest bedrooms w/ private bath, spacious bonus areas for a workshop or storage, & an additional private entrance for potential rental use. The exterior grounds are truly an entertainer’s delight. Offering complete privacy, its lush & serene landscaping have been maintained to perfection. Boasting multiple patio areas, walkways, & lounging spaces, each area of the property gives the feeling of a "secret garden" at every turn. Located in the Ivanhoe Elementary school district, this home is also only minutes away from the Reservoir & Meadows, Sunset Junction, Square One, & Speranza.

Listed by Casey Gordon | BRE #01880153 | Rodeo Realty
Last checked: 5 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
6,923
HOA Dues
$0/mo
Year built
1937
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
SR21067941
City
Los Angeles
County
Los Angeles
Time on Site
1266 days

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 2507 Panorama Terrace

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room, Outside, Patio, Wood Burning
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Nook, Dining Room
  • Flooring: Laminate, Tile, Wood
  • Entry, Galley Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Workshop
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Refrigerator
  • Granite Counters
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Balcony, Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, Living Room Deck Attached, Recessed Lighting, Storage
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Brick, Covered, Deck, Patio, Patio Open, See Remarks, Terrace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
  • No Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Sloped Down, Garden, Landscaped, Lawn, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Hills, Mountain(s), Neighborhood, See Remarks
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5432007001
  • Year Built Source: Assessor
  • Architectural Style: Spanish, Traditional
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: See Remarks
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Griffith Park Blvd to Angus St, Right onto Panorama Ter
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2507 Panorama Terrace

Last sold for $1,775,000 on May 17th, 2021

  • May, 2021

  • May 18, 2021

    Date

    Sold

    CRMLS: SR21067941

    $1,775,000

    Price

  • Apr 15, 2021

    Date

    Active Under Contract

    CRMLS: SR21067941

    $1,595,000

    Price

  • Apr 2, 2021

    Date

    Active

    CRMLS: SR21067941

    $1,595,000

    Price

  • April, 2021

  • Apr 2, 2021

    Date

    Canceled

    CRMLS: SR20209866

    $1,725,000

    Price

  • Apr 2, 2021

    Date

    Active

    CRMLS: SR20209866

    $1,725,000

    Price

  • Nov 30, 2020

    Date

    Hold

    CRMLS: SR20209866

    $1,725,000

    Price

  • Nov 24, 2020

    Date

    Active

    CRMLS: SR20209866

    $1,725,000

    Price

  • Nov 16, 2020

    Date

    Active Under Contract

    CRMLS: SR20209866

    $1,725,000

    Price

  • Nov 5, 2020

    Date

    Active

    CRMLS: SR20209866

    $1,725,000

    Price

  • Nov 2, 2020

    Date

    Active Under Contract

    CRMLS: SR20209866

    $1,725,000

    Price

  • Oct 6, 2020

    Date

    Active

    CRMLS: SR20209866

    $1,725,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 1997

  • May 19, 1997

    Date

    Sold (Public Records)

    Public Records

    $326,000

    Price

Show More

Tax History for 2507 Panorama Terrace

Assessed Value (2020): $485,474
Year Land Value Improved Value Assessed Value
2020 $341,772 $143,702 $485,474

Home Value Compared to the Market

This property vs the competition

2507 Panorama Terrace sold on May 17, 2021 for 42.41% 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 $941 per/sqft which puts the price per square foot 29.97% higher than the current median sale per square foot for the city of Los Angeles.

About 2507 Panorama Terrace

Detailed summary of property

2507 Panorama Terrace is a single family home that recently sold in Los Angeles, CA 90039. This house offered 3 bedrooms, 2 bathrooms, roughly 1,695 living square feet, and sits on an approximately 6,923 square foot lot. 2507 Panorama Terrace was first listed on ArdentRealEstateGroup.com on April 2, 2021. The homeowner sold the property for $1,775,000. 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 42.41% higher than the current median priced home. Local homes that are currently for sale include 2371 Teviot St, 3235 Hollydale Dr and 3110 Hollydale Dr. While the average home in Los Angeles, CA is selling in 106 days, 2507 Panorama Terrace has a days on market of 13 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 2507 Panorama 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 2507 Panorama Terrace

Public county record property details
Beds
3
Baths
2
Year built
1937
Sq. Ft.
1,695
Lot Size
6,922
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
216
APN
5432-007-001

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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