NOT LISTED FOR SALE

2280 Panorama Terrace Los Angeles, CA 90039

Estimated Value: $2,582,000 - $3,485,000

4 Beds
2.5 Baths
2,244 Sq Ft
$1,315/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $3,280,000 $1,462 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $16,947/month

9 Days on Market

Highlights

  • Newly Remodeled
  • Heated Spa
  • Solar Power System
  • Ivanhoe Elementary Rated A-
  • Rooftop Deck
  • City Lights View

About This Home

As of March 2024

Welcome to Villa Roselyn: Nestled in one of the very best pockets of Silver Lake, in the Ivanhoe School zone, sits an architectural masterpiece re-invisioned in 2015 by the acclaimed duo HSU McCullough, AIA. This beautiful 1924 Spanish Revival home featuring original fireplace surrounded by vintage Mayan tiles, original wrought-iron gate and handrails. The entry door imported from Spain and originally from the 1800's was installed, with the jaw dropping renovation including an extra level primary bedroom/en suite with marble bathroom and walk-in closet. Just off the primary bedroom, walk through the beautiful glass sliding door to a rooftop deck and oversized copper hot tub! Soak in the tranquil canyon views, sunsets and beautiful star gazing nights! Upgrades include: 100% permitted major One Million dollar renovation, Braced and bolted foundation and reinforced steel beam construction with white oak hardwood flooring, Italian marble throughout the kitchen, powder bathroom and primary bathroom suite. ABS outbound plumbing, and copper inbound, Brand new roof installed during the renovation in 2015. The home consists of Three Bedrooms downstairs and a gorgeous granite bathroom at the bottom. The Second story addition added an additional 644 sqft to the home's footprint. The Primary, and 4th bedroom and en-suite bathroom features a crystal chandelier and walk-in closet, rooftop deck, automated telescoping shade above the hot tub. Take in the breathtaking views that reach all the way to the ocean on a clear day. Views carry through both sides of the home with the Hollywood Sign and Griffith Observatory visible from the Primary Bedroom, Bathroom and also the newly done flat back yard. Brand new Solar was installed in 2021 and cuts the electricity bill to a 5th of the cost. The dual-zone HVAC Systems are both energy efficient heat pump systems connected to the solar which also dramatically reduce your costs. Lutron Lighting up / down thermostat controls and automatic shades connect to your phone app as well as the Sonos sound system in almost every room! An additional 450 sqft of storage was built into the two car garage with a pull down ladder. Don't miss this beautiful light drenched private oasis. A tastefully modernized Spanish home with a very open floor plan and lots of outdoor spaces abundant with fruit trees, plants and outdoor fireplace to enjoy and entertain your guests!

Last Agent to Sell the Property

Mike McGill

Compass License #02015423 Listed on: 02/26/2024

Compass

Last Buyer's Agent

John Katnik

Katnik Brothers R.E. Services License #01881694

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,333

Year Built

  • Built in 1924 | Newly Remodeled

Lot Details

  • 4,800 Sq Ft Lot
  • Property Near a Canyon
  • Gated Home
  • Wrought Iron Fence
  • Stucco Fence
  • Drip System Landscaping
  • Sprinklers Throughout Yard
  • Back and Front Yard
  • Property is zoned LAR1

Property Views

  • Skyline
  • Canyon

Home Design

  • Spanish Architecture
  • Split Level Home
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Clay Roof
  • Copper Plumbing
  • Pier And Beam
  • Quake Bracing

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Decorative Fireplace
  • Vertical Blinds
  • Window Screens
  • French Doors
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Partial Basement
  • Attic

Kitchen

  • Breakfast Room
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Walk-In Closet
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Powder Room
  • Granite Bathroom Countertops
  • Double Vanity
  • Bidet
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Intercom
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Covered Parking

Eco-Friendly Details

  • Solar Power System
  • Solar Water Heater
  • Solar Heating System

Pool

  • Heated Spa
  • Solar Heated Spa
  • Permits For Spa

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Covered Patio or Porch
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • 220 Volts
  • Tankless Water Heater
  • Water Purifier
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5432-029-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,333

Year Built

Built in 1924 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Offers due on Tuesday March 5 at 5PM
  • Entry Location: Main Level
  • Exclusions: None
  • Living Area: 2244
  • Lot Acreage: 0.1101
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: New Construction, Updated/Remodeled
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 56
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: 220V Throughout, Basement - Partial, Built-Ins, Cathedral-Vaulted Ceilings, Open Floor Plan, Hot Tub, Detached/No Common Walls, Mirrored Closet Door(s), Intercom, Bidet
  • Number Of Remote Controls: 3
  • Fireplace Rooms: Decorative, Gas and Wood, Living Room
  • Flooring: Marble, Wood, Stone
  • Appliances: Cooktop - Gas, Gas, Microwave, Oven-Gas, Range Hood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, Master Retreat
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 1
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Powder Room, Shower and Tub, Remodeled, Double Vanity(s), Bidet, Granite, Linen Closet
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Family Room, Dining Area, In Kitchen, Kitchen Island, Living Room
  • Kitchen Features: Marble Counters, Open to Family Room, Island
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Freezer, Hood Fan, Microwave, Ice Maker, Refrigerator, Range/Oven, Solar Panels, Washer, Water Filter, Water Line to Refrigerator
  • Fireplace: Yes
  • Inclusions: Wolf Oven / Microwave, Sub-Zero refrigerator. All televisions, Sonos sound sytem, Kitchen-aide Dishwasher, LG washer / dryer. $33,000 of (PAID) Solar connected to the copper hot tub. Dual Zone heat pump HVAC sytems, Alarm, Lutron automated lights.
  • Price Per S Q F T: 1336.45
  • Windows: French Windows, Screens, Vertical Blinds, Window Blinds

Exterior Features

  • Construction: Hard Coat
  • Other Features: Balcony, Barbecue Private, French Doors, Full Copper Plumbing, High Ceilings (9 Feet+), Rain Gutters, Sliding Glass Doors, Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Pillar/Post/Pier, Quake Bracing, Raised, Pier and Beam
  • Fence: Stucco Wall, Wrought Iron
  • Patio: Porch - Front, Roof Top Deck, Patio Open, Balcony, Deck(s), Covered
  • Pool: No
  • Roof: Clay
  • Spa: Heated, Heated with Electricity, Hot Tub, Private, Solar Heated Spa, Permits
  • Spa Yn: Yes
  • View: Canyon, City Lights, Skyline
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Volt 220: 220V Throughout, Spa
  • Water District: DWP
  • Water Heater: Tankless, Solar, Electric
  • Cooling: Air Conditioning, Central, Dual, Heat Pump(s), Multi/Zone
  • Heating: Electric, Heat Pump, Solar
  • Security: Gated, Prewired for alarm system, Smoke Detector
  • Sewer: In Street
  • Water: In Street, Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Drip System, Front, Rear, Side, Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 5432-029-003
  • Lot Description: Front Yard, Back Yard, Landscaped, Gutters, Street Paved, Utilities Underground, Fenced
  • Lot Location: Canyon
  • Lot Size Area: 4800

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Mar 25, 2024
Sold by
Sapanski 2021 Family Trust
Bought by
Jsrf Family Trust and Flato
Seller's Agent
Mike McGill
Compass
Buyer's Agent
John Katnik
Katnik Brothers R.E. Services
List Price
$2,999,000
Sold Price
$3,280,000
Premium/Discount to List
$281,000
9.37%
Views
55
Current Estimated Value
$2,951,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$328,733
Avg. Annual Appreciation
-6.89%

Purchase Details

Closed on
Sep 27, 2012
Sold by
Beck J Spencer
Bought by
Sapanski Richard and Sapanski Family 2010 Trust

Purchase Details

Closed on
Feb 22, 2008
Sold by
Hildebrandt Rachel
Bought by
Hildebrandt Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$928,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2008
Sold by
Hildebrandt Jason
Bought by
Beck J Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$928,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2004
Sold by
Simanjuntak Marshal A
Bought by
Hildebrandt Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,800
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jsrf Family Trust $3,280,000 Consumers Title Company
Sapanski Richard $975,000 Lawyers Title
Hildebrandt Jason -- Equity Title Los Angeles
Beck J Spencer $1,160,000 Equity Title Los Angeles
Hildebrandt Jason $781,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jsrf Family Trust $1,600,000
Previous Owner Beck J Spencer $50,000
Previous Owner Beck J Spencer $928,000
Previous Owner Hildebrandt Jason $624,800
Previous Owner Simanjuntak Marshal A $183,000
Previous Owner Simanjuntak Marshal A $152,000
Closed Hildebrandt Jason $78,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $3,280,000 0.0% $1,462 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
03/05/2024 03/05/24 Off Market $3,280,000 -- --
02/28/2024 02/28/24 For Sale $2,999,000 -8.6% $1,336 / Sq Ft
02/27/2024 02/27/24 Off Market $3,280,000 -- --
02/26/2024 02/26/24 For Sale $2,999,000 +207.6% $1,336 / Sq Ft
12/31/2012 12/31/12 Sold $975,000 -8.7% $609 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $1,068,000 -- $668 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,333 $3,345,600 $2,448,000 $897,600
2024 $16,333 $1,338,171 $818,290 $519,881
2023 $16,014 $1,311,934 $802,246 $509,688
2022 $15,263 $1,286,211 $786,516 $499,695
2021 $15,075 $1,260,993 $771,095 $489,898
2019 $14,620 $1,223,593 $748,225 $475,368
2018 $14,105 $1,162,402 $733,554 $428,848
2016 $12,524 $1,039,227 $705,070 $334,157
2015 $12,046 $998,994 $694,480 $304,514
2014 $12,084 $979,426 $680,877 $298,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-359605

The MLS

APN: 5432-029-003