NOT LISTED FOR SALE

2379 Panorama Terrace Los Angeles, CA 90039

Estimated Value: $2,320,000 - $2,777,000

3 Beds
2.5 Baths
2,234 Sq Ft
$1,139/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $2,750,000 $1,231 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $14,384/month

8 Days on Market

Highlights

  • Solar Power System
  • Views of Trees
  • Fireplace in Primary Bedroom
  • Ivanhoe Elementary Rated A-
  • French Country Architecture
  • Wood Flooring

About This Home

As of July 2024

WHERE LIFE TAKES ROOT. c.1935 Country French home curated for the discerning horticulturist; a sanctuary fruit and flower garden unlike any other. Privacy, Views, 3 Bedrooms, 2.5 Bathrooms, Office space, lounging dual balconies, Formal Living Room and Dining Room, all accentuated by original details and offer captivating views of the surrounding landscape. Exceptional natural light throughout. The Primary Bedroom suite, occupying its own floor, opens to a large lot with expansive gardens and seating paths, lovingly cultivated since 1988; 18 fruit-bearing trees, 22 stunning flowering plants, and 23 lush companions intertwine to create a symphony of colors and fragrances. Indulge in strawberries, raspberries, blueberries, and an assortment of grapes, alongside an array of vegetables including tomatoes, string beans, and carrots. A personal hideaway devoted to the simple joys of life, it's hard to believe you're in the heart of the city. Moments to Silver Lake's finest; charming cafes, eclectic boutiques, acclaimed restaurants and per schools.org, within the Ivanhoe School District. ...In a world of clones, this home separates the ordinary from the sea of similarity.

Last Agent to Sell the Property

Patricia Ruben

Sotheby's International Realty License #01262286 Listed on: 06/06/2024

Sotheby's International Realty

Co-Listed By

Alan Melkonyan

Sotheby's International Realty License #02058733

Last Buyer's Agent

Sarah Jackson

Compass License #01982047

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,582

Year Built

  • Built in 1935

Lot Details

  • 7,061 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Trees
  • Hills
  • Courtyard

Home Design

  • French Country Architecture
  • Split Level Home

Interior Spaces

  • 2,234 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Center Hall

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Driveway

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5432-009-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,582

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Country French
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2234
  • Lot Acreage: 0.1621
  • Stories: 2
  • Year Built: 1935
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom, Gas, Gas and Wood, Wood Burning
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Barbeque, Ceiling Fan, Dishwasher, Dryer, Electric Dryer Hookup, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Ice Maker, Range/Oven, Refrigerator, Solar Panels, Vented Exhaust Fan, Washer
  • Price Per S Q F T: 1051.92

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Hills, Tree Top, Courtyard
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car, Attached, Electric Vehicle Charging Station(s)
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central, Electric, Heat Pump(s), Multi/Zone
  • Heating: Central, Electric, Fireplace, Forced Air, Heat Pump, Zoned

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5432-009-007
  • Lot Size Area: 7061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jun 25, 2024
Sold by
Richard G Mclellan Living Trust and Melellan Richard G
Bought by
Levitan Family Irrevocable Trust and Mandel
Seller's Agent
Patricia Ruben
Sotheby's International Realty
Buyer's Agent
Sarah Jackson
Compass
List Price
$2,350,000
Sold Price
$2,750,000
Premium/Discount to List
$400,000
17.02%
Views
35
Current Estimated Value
$2,543,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$206,350
Avg. Annual Appreciation
-4.53%

Purchase Details

Closed on
Dec 27, 2019
Sold by
Mclellan Richard G and The Richard G Mclellan Living
Bought by
Mclellan Richard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2019
Sold by
Mclellan Richard G
Bought by
Mclellan Richard G and The Richard G Mclellan Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2007
Sold by
Mclellan Richard G
Bought by
Mclellan Richard G and Richard G Mclellan Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2006
Sold by
Mclellan Richard
Bought by
Mclellan Richard G and Richard G Mclellan Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,375
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2003
Sold by
Mclellan Richard
Bought by
Mclellan Richard G and The Richard G Mclellan M D Liv

Purchase Details

Closed on
Aug 11, 2003
Sold by
Mclellan Richard G and The Richard G Mclellan Living
Bought by
Mclellan Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2000
Sold by
Mclellan Richard G
Bought by
Mclellan Richard G and Richard G Mclellan Living Trus
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Levitan Family Irrevocable Trust $2,750,000 Equity Title Company
Mclellan Richard G -- Wfg National Title
Mclellan Richard G -- Wfg National Title
Mclellan Richard G -- Wfg National Title Company
Mclellan Richard G -- Chicago Title Co
Mclellan Richard G -- Chicago Title Co
Mclellan Richard G -- Accommodation
Mclellan Richard G -- Gateway Title Company
Mclellan Richard G -- --
Mclellan Richard -- Equity
Mclellan Richard G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclellan Richard G $405,000
Previous Owner Richard G Mclellan Living Trus $1,729,400
Previous Owner Mclellan Richard G $300,000
Previous Owner Mclellan Richard G $400,000
Previous Owner Mclellan Richard G $112,500
Previous Owner Mclellan Richard G $984,375
Previous Owner Mclellan Richard G $65,265
Previous Owner Mclellan Richard $322,000
Previous Owner Mclellan Richard Gray $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $2,750,000 +17.0% $1,231 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $2,350,000 -- $1,052 / 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 $7,582 $2,750,000 $2,681,500 $68,500
2024 $7,582 $602,500 $383,748 $218,752
2023 $7,439 $590,687 $376,224 $214,463
2022 $7,097 $579,106 $368,848 $210,258
2021 $7,003 $567,752 $361,616 $206,136
2019 $6,796 $550,915 $350,892 $200,023
2018 $6,744 $540,113 $344,012 $196,101
2016 $6,435 $519,141 $330,654 $188,487
2015 $6,342 $511,344 $325,688 $185,656
2014 $6,369 $501,329 $319,309 $182,020
Source: Public Records

Agents Affiliated with this Home

  • Patricia Ruben

    Seller's Agent in 2024

    Patricia Ruben

    Sotheby's International Realty

    (323) 666-3165

    10 in this area

    51 Total Sales

    Patricia Ruben
    Section Image

  • A

    Seller Co-Listing Agent in 2024

    Alan Melkonyan

    Sotheby's International Realty

    (310) 724-7000

    10 in this area

    50 Total Sales

    Alan Melkonyan
    Section Image
  • Sarah Jackson

    Buyer's Agent in 2024

    Sarah Jackson

    Compass

    (213) 440-1286

    3 in this area

    43 Total Sales

    Sarah Jackson
    Section Image
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Map

Source: The MLS

MLS Number: 24-395633

The MLS

APN: 5432-009-007

California Los Angeles County Los Angeles 90039

2379 Panorama Terrace, Los Angeles, CA

This home is located at 2379 Panorama Terrace, Los Angeles, CA 90039 since 06 June 2024 and is currently estimated at $2,543,650, approximately $1,138 per square foot. This property was built in 1935. 2379 Panorama Terrace is a home located in Los Angeles County with nearby schools including Ivanhoe Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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