NOT LISTED FOR SALE

2519 Panorama Terrace Los Angeles, CA 90039

Estimated Value: $2,355,000 - $2,750,290

4 Beds
2.5 Baths
2,630 Sq Ft
$962/Sq Ft Est. Value

Highlights

  • City Lights View
  • Den with Fireplace
  • Wood Flooring
  • Ivanhoe Elementary Rated A-
  • Traditional Architecture
  • 2 Car Attached Garage

About This Home

As of October 2023

This spacious Silver Lake Traditional home sits in the prestigious Moreno Highlands and convenient to all the best Silver Lake has to offer. The home features 4 bedrooms including a master bedroom with a balcony and canyon views. The sunlit kitchen has been updated and remodeled with adjoining formal dining area. The downstairs family room leads to the flat, expansive backyard. Nearby is the popular Silver Lake Reservoir as well as the famed Silver Lake Junction with destination restaurants and entertainment spots. Trader Joes and Gelsons Market are mere blocks away. The property sits within the historical boundaries of the Ivanhoe Elementary School District. (Tenant to verify eligibility for Ivanhoe attendance.) The home sits at the crossroads of Atwater Village and Los Feliz where you'll also find the landmark Griffith Park, an urban wilderness park unique to Los Angeles.

Last Agent to Rent the Property

Forrest O'connor

Douglas Elliman License #01800867 Listed on: 08/07/2023

Douglas Elliman

Last Renter's Agent

Peter Kinnaird

DPP License #01742888

DPP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,948

Year Built

  • Built in 1938

Lot Details

  • 6,510 Sq Ft Lot
  • Sprinkler System
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,630 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Formal Entry
  • Dining Area
  • Den with Fireplace
  • 2 Fireplaces
  • City Lights Views
  • Laundry Room

Kitchen

  • Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $16,000
  • Tenant pays for water, electricity, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 5432-007-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,948

Year Built

Built in 1938

Lot Details

0

Rental Info

  • Security Deposit: 16000
  • Tenant Pays: Water, Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 2630
  • Lot Acreage: 0.1495
  • Stories: 2
  • Year Built: 1938
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Decorative, Den
  • Flooring: Hardwood, Mixed, Stone, Tile
  • Appliances: Cooktop - Gas, Oven
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 3.04

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 5432-007-003
  • Lot Size Area: 6510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Aug 10, 2023
Sold by
Venuturupalli Singhal Trust
Bought by
Happyhouse Silverlake Llc
Seller's Agent
Forrest O'connor
Douglas Elliman
Buyer's Agent
Peter Kinnaird
DPP
Sold Price
$8,000
Views
22
Current Estimated Value
$2,530,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,522,823

Purchase Details

Closed on
Oct 23, 2007
Sold by
Quan Constance E and Margaret F Quan Living Trust
Bought by
Venuturupalli Swamy and Singhal Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$992,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 1998
Sold by
Quan Margaret
Bought by
Quan Margaret F and Quan Constance E
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
Happyhouse Silverlake Llc -- None Listed On Document
Venuturupalli Singhal Trust -- None Listed On Document
Venuturupalli Swamy $1,240,000 California Title
Quan Margaret F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venuturupalli Swamy $987,000
Previous Owner Venuturupalli Swamy $992,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Rented $8,000 0.0% --
10/02/2023 10/02/23 Under Contract -- -- --
09/12/2023 09/12/23 Price Changed $8,000 -5.9% $3 / Sq Ft
08/07/2023 08/07/23 For Rent $8,500 +30.8% --
07/31/2020 07/31/20 Under Contract -- -- --
07/30/2020 07/30/20 Rented $6,500 0.0% --
07/24/2020 07/24/20 For Rent $6,500 +8.3% --
02/10/2018 02/10/18 Rented $6,000 -7.7% --
02/01/2018 02/01/18 For Rent $6,500 0.0% --
01/31/2018 01/31/18 Off Market $6,500 -- --
01/29/2018 01/29/18 For Rent $6,500 -- --
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 $27,948 $2,346,000 $1,836,000 $510,000
2024 $27,948 $2,300,000 $1,800,000 $500,000
2023 $19,048 $1,565,508 $1,159,488 $406,020
2022 $18,155 $1,534,812 $1,136,753 $398,059
2021 $17,930 $1,504,718 $1,114,464 $390,254
2019 $17,387 $1,460,089 $1,081,409 $378,680
2018 $17,328 $1,431,460 $1,060,205 $371,255
2016 $16,563 $1,375,877 $1,019,037 $356,840
2015 $16,318 $1,355,211 $1,003,731 $351,480
2014 $13,595 $1,101,300 $815,700 $285,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-298335

The MLS

APN: 5432-007-003