NOT LISTED FOR SALE

2523 Ivan Hill Terrace Los Angeles, CA 90039

Estimated Value: $1,333,000 - $1,602,000

3 Beds
2.5 Baths
1,580 Sq Ft
$955/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $1,358,500 $860 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,623/month

8 Days on Market

Highlights

  • Art Studio
  • View of Hills
  • Spanish Architecture
  • Ivanhoe Elementary Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

As of December 2022

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.

Last Agent to Sell the Property

Lauren Reichenberg

Compass License #01415570 Listed on: 11/01/2022

Compass

Co-Listed By

Ginger Orsi

Compass License #02001956

Last Buyer's Agent

Mark Priceman

Compass License #01294182

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,772

Year Built

  • Built in 1926

Lot Details

  • 5,636 Sq Ft Lot
  • Property is zoned LAR2

Parking

  • 1 Car Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property
  • Bonus Room
  • Art Studio
  • Views of Hills

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • Shed
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5439-007-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,772

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1580
  • Lot Acreage: 0.1294
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Stone Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, On Upper Level
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Refrigerator, Range/Oven, Microwave
  • Price Per S Q F T: 809.49

Exterior Features

  • Other Structures: Accessory Bldgs, Shed(s)
  • Pool: No
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Garage: Garage - 1 Car
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5439-007-028
  • Lot Size Area: 5636

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Dec 2, 2022
Sold by
Trollope Family Trust
Bought by
Vallabhaneni Vishnu and Pulijal Priyanka
Seller's Agent
Lauren Reichenberg
Compass
Buyer's Agent
Mark Priceman
Compass
List Price
$1,279,000
Sold Price
$1,358,500
Premium/Discount to List
$79,500
6.22%
Views
51
Current Estimated Value
$1,509,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,073
Avg. Annual Appreciation
3.25%
Original Mortgage
$975,000
Outstanding Balance
$946,714
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$534,654

Purchase Details

Closed on
Apr 15, 2021
Sold by
Trollope Rowan and Trollope Stephanie
Bought by
Trollope Rowan and Trollope Stephanie

Purchase Details

Listed on
Sep 7, 2020
Closed on
Sep 30, 2020
Sold by
Cornejo Hilda M
Bought by
Trollope Rowan and Trollope Stephanie
Seller's Agent
Aldo Baltodano
Greenpoint Real Estate Services
Buyer's Agent
Lauren Reichenberg
Compass
List Price
$1,199,000
Sold Price
$1,120,000
Premium/Discount to List
-$79,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%

Purchase Details

Closed on
Jul 25, 2014
Sold by
Cornejo Antonio
Bought by
The Second Amended & Restated Declaratio

Purchase Details

Closed on
May 31, 2002
Sold by
Cornejo Antonio and Cornejo Milda M
Bought by
Cornejo Antonio

Purchase Details

Closed on
May 26, 1999
Sold by
Bonada Roland A and Estate Of Jose Antonio Cornejo
Bought by
Cornejo S Antonio

Purchase Details

Closed on
Apr 22, 1996
Sold by
Kruse Richard F
Bought by
Cornejo Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
7.8%
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
Vallabhaneni Vishnu $1,358,500 Equity Title
Trollope Rowan -- None Available
Trollope Rowan $1,120,000 Wfg Title
The Second Amended & Restated Declaratio -- None Available
Cornejo Antonio -- --
Cornejo S Antonio -- --
Cornejo Antonio $133,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vallabhaneni Vishnu $975,000
Previous Owner Cornejo Antonio $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $1,358,500 +6.2% $860 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $1,279,000 +14.2% $809 / Sq Ft
10/16/2020 10/16/20 Sold $1,120,000 -6.6% $693 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/07/2020 09/07/20 For Sale $1,199,000 -- $742 / 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 $16,772 $1,413,382 $1,130,706 $282,676
2024 $16,772 $1,385,670 $1,108,536 $277,134
2023 $16,526 $1,358,500 $1,086,800 $271,700
2022 $13,542 $1,142,400 $913,920 $228,480
2021 $13,381 $1,120,000 $896,000 $224,000
2020 $2,640 $202,008 $151,891 $50,117
2019 $2,542 $198,048 $148,913 $49,135
2018 $2,495 $194,166 $145,994 $48,172
2016 $2,377 $186,628 $140,326 $46,302
2015 $2,344 $183,826 $138,219 $45,607
2014 $2,360 $180,226 $135,512 $44,714
Source: Public Records

Agents Affiliated with this Home

  • Lauren Reichenberg

    Seller's Agent in 2022

    Lauren Reichenberg

    Compass

    (310) 502-0580

    6 in this area

    98 Total Sales

    Lauren Reichenberg
    Section Image
  • Ginger Orsi

    Seller Co-Listing Agent in 2022

    Ginger Orsi

    Compass

    (213) 565-8060

    1 in this area

    20 Total Sales

    Ginger Orsi
    Section Image
  • Mark Priceman

    Buyer's Agent in 2022

    Mark Priceman

    Compass

    (213) 663-6990

    4 in this area

    47 Total Sales

    Mark Priceman
    Section Image
  • Aldo Baltodano

    Seller's Agent in 2020

    Aldo Baltodano

    Greenpoint Real Estate Services

    (909) 954-4556

    1 in this area

    49 Total Sales

    Aldo Baltodano
    Section Image

  • G

    Seller Co-Listing Agent in 2020

    Gerald Green

    Greenpoint Real Estate Services

    (949) 379-2600

    1 in this area

    1 Total Sale

    Gerald Green
    Section Image
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Map

Source: The MLS

MLS Number: 22-214335

The MLS

APN: 5439-007-028

California Los Angeles County Los Angeles 90039

2523 Ivan Hill Terrace, Los Angeles, CA

This home is located at 2523 Ivan Hill Terrace, Los Angeles, CA 90039 since 01 November 2022 and is currently estimated at $1,509,573, approximately $955 per square foot. This property was built in 1926. 2523 Ivan Hill 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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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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