2523 Ivan Hill Terrace, Los Angeles, CA 90039
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2523 Ivan Hill Terrace Los Angeles, CA 90039

$1,358,500 Sold Price as of 12/09/2022
  • 3 Beds
  • 2.5 Baths
  • 1,580 Sq.Ft.
Sold
$1,358,500 Sold Price as of 12/09/2022 Refinance Your Mortgage

Map preview of 2523 Ivan Hill Terrace, Los Angeles, CA 90039

Property Overview: 2523 Ivan Hill Terrace Los Angeles, CA has 3 bedrooms, 2.5 bathrooms, 1,580 living square feet and 5,636 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Perched on a hill above Silver Lake sits this stylishly updated 1920's Spanish home within the Ivanhoe School district. Located on a quiet cul-de-sac with a view of the hills is where you'll find this private two story retreat. Enter into a gracious living room with coved ceiling and original hardwood floors. The adjoining formal dining room is bathed in light from arched Spanish windows and leads to an eat-in kitchen. Upstairs has 2 bedrooms and 2 bathrooms as well as a 1 car garage. As you make your way down the spiral staircase, you'll find an expansive open room with hardwood floors complete with an additional bonus room, another bathroom and a large closet. The lower level opens up to an abundant terraced backyard with mature trees, a fire pit and storage shed. This home's fantastic location is only moments away from Griffith Park, the Silver Lake Reservoir, Whole Foods and all the unique hiking, biking, shopping and dining the area has to offer.

Listed by Lauren Reichenberg | BRE #01415570 | Compass
Co-listed by Ginger Orsi | BRE #02001956 | Compass
Last checked: 1 minute ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
5,636
HOA Dues
$0/mo
Year built
1926
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
22214335
City
Los Angeles
County
Los Angeles
Time on Site
687 days

Property Details for 2523 Ivan Hill Terrace

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside, Upper Level
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Art Studio, Bonus Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
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: Hills
  • Parcel Number: 5439007028
  • Year Built Source: Assessor
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Lakewood Ave to Ivan Hill Terr.
View more facts & features

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Sale History for 2523 Ivan Hill Terrace

Last sold for $1,358,500 on December 9th, 2022
  • December, 2022

  • Dec 9, 2022

    Date

    Sold

    CRMLS: 22214335

    $1,358,500

    Price

  • Nov 1, 2022

    Date

    Active

    CRMLS: 22214335

    $1,279,000

    Price

  • November, 2022

  • Nov 1, 2022

    Date

    Canceled

    CRMLS: 22204219

    $1,389,000

    Price

  • Sep 29, 2022

    Date

    Active

    CRMLS: 22204219

    $1,389,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2020

  • Oct 17, 2020

    Date

    Sold

    CRMLS: DW20185051

    $1,120,000

    Price

  • Oct 12, 2020

    Date

    Pending

    CRMLS: DW20185051

    $1,199,000

    Price

  • Sep 26, 2020

    Date

    Active Under Contract

    CRMLS: DW20185051

    $1,199,000

    Price

  • Sep 7, 2020

    Date

    Active

    CRMLS: DW20185051

    $1,199,000

    Price

  • Listing provided courtesy of CRMLS

    Property needs TLC/Fixer. This Three bedroom, Two and a Quarter Bath single-family is in prime northeast Silver Lake within the coveted IVANHOE ELEMENTARY SCHOOL boundaries. Surrounded by similar sized homes selling in the $1.4 - $1.5M+ range, this home is a great buy! Silver Lake Reservoir is just a few blocks away - perfect place to take a morning jog or run. A short distance to Whole Foods, Trader Joe's, many great restaurants and a stones-throw away from Los Feliz and Atwater. A great opportunity for a DIY'er who wants to put in their own personal touch, an end-user looking to live in one unit and rent the other, or investor looking for a property with potential for rental income. Street level entry, the main floor has two bedrooms, a full bath, and an en-suite quarter bath. Kitchen with breakfast area, living room, and dining room. Basement is finished and can be accessed from the inside or through an exterior entry. Basement has additional sleeping quarters, living space, three-quarter bath, and plenty of storage. Could be used as a separate studio apartment. Property is zoned (per LADBS): R2-1VL. Convert into a duplex and add an ADU (new ADU laws - check with LABDS). Fully developed hillside property, the lot tiers down and has several usable spaces - fire pit, garden, several areas for storage. You will have to see for yourself to imagine the possibilities.

  • October, 2020

  • Oct 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,120,000

    Price

  • October, 2020

  • Oct 16, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2523 Ivan Hill Terrace

Assessed Value (2020): $202,008
Year Land Value Improved Value Assessed Value
2020 $151,891 $50,117 $202,008

Home Value Compared to the Market

This property vs the competition

2523 Ivan Hill Terrace sold on December 9, 2022 for 14.2% 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 $809.49 per/sqft which puts the price per square foot 11.81% higher than the current median sale per square foot for the city of Los Angeles.

About 2523 Ivan Hill Terrace

Detailed summary of property

2523 Ivan Hill Terrace is a single family home that recently sold in Los Angeles, CA 90039. This house offered 3 bedrooms, 2.5 bathrooms, roughly 1,580 living square feet, and sits on an approximately 5,636 square foot lot. 2523 Ivan Hill Terrace was first listed on ArdentRealEstateGroup.com on November 2, 2022. The homeowner sold the property for $1,358,500. 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 14.2% higher than the current median priced home. Local homes that are currently for sale include 1559 Lucretia Ave, 1649 N Adamson St and 2214 W Avenue 30. While the average home in Los Angeles, CA is selling in 106 days, 2523 Ivan Hill Terrace has a days on market of 8 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 2523 Ivan Hill 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 2523 Ivan Hill Terrace

Public county record property details
Beds
2
Baths
1
Year built
1926
Sq. Ft.
1,098
Lot Size
5,628
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5439-007-028

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 2523 Ivan Hill 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.