NOT LISTED FOR SALE

2449 Panorama Terrace Los Angeles, CA 90039

Estimated Value: $2,064,000 - $2,647,000

4 Beds
2 Baths
2,010 Sq Ft
$1,227/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $2,268,000 $1,128 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $15,736/month

10 Days on Market

Highlights

  • City Lights View
  • Midcentury Modern Architecture
  • Deck
  • Ivanhoe Elementary Rated A-
  • Multi-Level Bedroom
  • Wood Flooring

About This Home

As of March 2021

Designed by notable local architect Hideo A. Matsunaga as his family home, this sublime mid-century modern with Japanese influence is on the market for the first time since constructed in 1962. Elegant and warm, this 4 bed 2 bath incorporates walls of glass sliding doors, skylights and decks to create a sense of spaciousness and bring the outdoors in, typical of Matsunaga's designs. Located in the coveted Ivanhoe Elementary School district, the home has been lovingly maintained to preserve its smart design and beautiful craftsmanship. A functional floor plan opens to a light-filled living room with wood beams and vaulted ceilings, gas fireplace, and a beautiful deck with an expansive view of the Los Feliz hills. Sliding glass doors open from the kitchen to a private outdoor lounge and dining area. An oversized Japanese paper lantern hangs over the entryway leading downstairs to a large sized den with deck, two additional bedrooms, bathroom, and laundry area that could double as a bonus workspace. Bountiful yard with mature fruit trees, including lemon, avocado, fig, and loquat is perfect for entertaining, playing, and gardening. Walkable to the Silver Lake reservoir and many fabulous restaurants and shops. A rare opportunity to own an elegant and original mid century gem in the Silver Lake hills.

Last Agent to Sell the Property

Natalie Stern Trabin

Compass License #01901052 Listed on: 03/14/2021

Compass

Last Buyer's Agent

Geoffrey Martin

Compass License #01313514

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,111

Year Built

  • Built in 1962

Lot Details

  • 4,746 Sq Ft Lot
  • Fenced Yard
  • Hillside Location
  • Property is zoned LAR1

Property Views

  • City Lights
  • Hills

Home Design

  • Midcentury Modern Architecture
  • Tar and Gravel Roof
  • Wood Siding

Interior Spaces

  • 2,010 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Skylights in Kitchen
  • Decorative Fireplace
  • Sliding Doors
  • Entryway
  • Dining Area
  • Den
  • Bonus Room

Kitchen

  • Oven
  • Electric Cooktop
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Multi-Level Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Attached Carport
  • Driveway

Outdoor Features

  • Living Room Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5432-008-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,111

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level - no steps
  • Living Area: 2010
  • Lot Acreage: 0.1090
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Living Room Balcony
  • Fireplace Rooms: Decorative
  • Flooring: Carpet, Hardwood
  • Appliances: Oven, Cooktop - Electric
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Multi-Level Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Skylight(s)
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 840.30
  • Windows: Skylights

Exterior Features

  • Construction: Wood Siding
  • Other Features: Balcony, Custom Built, Sliding Glass Doors
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Concrete Slab, Living Room Balcony, Deck(s)
  • Pool: No
  • Roof: Tar and Gravel
  • Spa Yn: No
  • View: City Lights, Tree Top, Hills
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport Attached, Driveway
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5432-008-010
  • Lot Description: Fenced Yard
  • Lot Location: Hillside
  • Lot Size Area: 4746

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2021
Closed on
Mar 28, 2021
Sold by
Matsunaga Geoffrey and Matsunaga Carol
Bought by
Holyoak Neil and The Holyoak Trust
Seller's Agent
Natalie Stern Trabin
Compass
Buyer's Agent
Geoffrey Martin
Compass
List Price
$1,689,000
Sold Price
$2,268,000
Premium/Discount to List
$579,000
34.28%
Current Estimated Value
$2,430,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,922
Avg. Annual Appreciation
1.93%

Purchase Details

Closed on
Sep 7, 1994
Sold by
Matsunaga Hideo Arthur and Matsunaga Yuri
Bought by
Matsunaga Hideo Arthur

Purchase Details

Closed on
Aug 29, 1994
Sold by
Matsunaga Hideo Arthur and Matsunaga Yuri
Bought by
Matsunaga Hideo Arthur
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
Holyoak Neil $2,268,000 Chicago Title Company
Matsunaga Hideo Arthur -- --
Matsunaga Hideo Arthur -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holyoak Neil $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $2,268,000 +34.3% $1,128 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $1,689,000 0.0% $840 / Sq Ft
08/24/2018 08/24/18 Rented $5,995 0.0% --
07/26/2018 07/26/18 For Rent $5,995 +15.4% --
10/08/2016 10/08/16 Rented $5,195 0.0% --
09/23/2016 09/23/16 Price Changed $5,195 -3.7% $3 / Sq Ft
09/22/2016 09/22/16 For Rent $5,395 0.0% --
09/20/2016 09/20/16 Off Market $5,395 -- --
08/20/2016 08/20/16 For Rent $5,395 0.0% --
09/08/2015 09/08/15 Rented $5,395 -1.8% --
08/20/2015 08/20/15 Price Changed $5,495 -6.9% $3 / Sq Ft
08/15/2015 08/15/15 For Rent $5,900 -- --
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 $29,111 $2,454,954 $1,840,134 $614,820
2024 $29,111 $2,406,818 $1,804,053 $602,765
2023 $28,538 $2,359,627 $1,768,680 $590,947
2022 $27,195 $2,313,360 $1,734,000 $579,360
2021 $2,028 $147,165 $46,400 $100,765
2020 $2,043 $145,657 $45,925 $99,732
2019 $1,972 $142,802 $45,025 $97,777
2018 $1,919 $140,003 $44,143 $95,860
2016 $1,814 $134,569 $42,430 $92,139
2015 $1,707 $132,548 $41,793 $90,755
2014 $1,720 $129,953 $40,975 $88,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-705254

The MLS

APN: 5432-008-010