$2,442,500
SOLD NOV 13, 2024

2618 Lake View Terrace E Los Angeles, CA 90039

3 Beds
2 Baths
2,130 Sq Ft
6,571 Sq Ft Lot

Recently Sold

$1,147 Per Sq Ft

6% Above List Price

14 Days on Market

Highlights

  • Solar Power System
  • Gourmet Kitchen
  • Open Floorplan
  • Ivanhoe Elementary Rated A-
  • Panoramic View
  • Hilltop Location

About This Home

As of November 2024

This stunningly updated traditional home in the heart of Silver Lake is perched on a knoll with captivating views of the surrounding Hollywood Hills, Griffith Observatory, The Hollywood Sign, and the coveted reservoirs. The interior boasts a spacious living area filled with abundant natural light, highlighting the property's charming layout and modern updates, whilst maintaining much of its original charm. The interior includes 3 spacious, sunlit bedrooms upstairs, and one additional guest room or office on the main level. The home is located within the Ivanhoe Elementary School district. High efficiency solar panels are completely paid for. The home also includes a spacious outdoor patio and large upper terrace, providing ample seating areas and an elevated vantage points to enjoy the iconic hillside views. The spacious lot offers a lush, well-maintained landscaped front and rear yard space. The beautiful western breeze can be felt across the entire property, highlighting the sanctuary-feel of the property for quiet, secluded enjoyment.

Last Agent to Sell the Property

Lori Ramirez

Coldwell Banker Realty License #00923344 Listed on: 09/27/2024

Coldwell Banker Realty

Last Buyer's Agent

Alicia Meinertzhagen

Coldwell Banker Realty License #01984646

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,172

Year Built

  • Built in 1942

Lot Details

  • 6,571 Sq Ft Lot
  • Drip System Landscaping
  • Front Yard Sprinklers
  • Hilltop Location
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Property Views

  • Panoramic
  • City
  • Reservoir
  • Mountain
  • Hills

Home Design

  • Traditional Architecture
  • Turnkey
  • Plaster Walls
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,130 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Decorative Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den with Fireplace
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Low Flow Toliet
  • Linen Closet In Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Solar Power System
  • Open Patio

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5439-019-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,172

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: This stunningly updated traditional home in the heart of Silver Lake is perched on a knoll with captivating views of the surrounding Hollywood Hills, Griffith Observatory, The Hollywood Sign and the coveted reservoirs. The interior boasts a spacious living area filled with abundant natural light, highlighting the property's charming layout and modern updates, whilst maintaining much of its original charm. The interior includes 3 spacious, sunlit bedrooms upstairs, and one additional guest room or office on the main level. The home is located within the Ivanhoe Elementary School district. High efficiency solar panels are completely paid for. The home also includes a spacious outdoor patio and large upper terrace, providing ample seating areas and an elevated vantage points to enjoy the iconic hillside views.
  • Entry Location: Mid Level
  • Living Area: 2130
  • Lot Acreage: 0.1508
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1942
  • Number Of Photos: 48
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Open Floor Plan, Plaster Walls, Turnkey
  • Fireplace Rooms: Decorative, Living Room, Den
  • Flooring: Hardwood
  • Appliances: Built-In Gas, Cooktop - Gas, Range Hood, Oven, Oven-Gas
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Toilet(s), Linen Closet
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Kitchen Features: Counter Top, Island, Gourmet Kitchen, Remodeled, Quartz Counters
  • Laundry: In Kitchen
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Cable, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Solar Panels, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1077.46

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: Reservoir, Mountains, Hills, Panoramic, City
  • View: Yes

Garage/Parking

  • Parking Garage: Garage Is Detached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Connected and Paid
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Drip System, Front, Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 5439-019-007
  • Lot Description: Back Yard, Curbs, Front Yard, Lawn, Single Lot, Street Lighting, Yard
  • Lot Location: Hilltop
  • Lot Size Area: 6571

Rental Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Oct 14, 2024
Sold by
Soderstrom Robert W and Kim Soyun
Bought by
Macmillan Megan and Macdonald Robert
Seller's Agent
Lori Ramirez
Coldwell Banker Realty
Buyer's Agent
Alicia Meinertzhagen
Coldwell Banker Realty
List Price
$2,295,000
Sold Price
$2,442,500
Premium/Discount to List
$147,500
6.43%
Views
16
Current Estimated Value
$2,451,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,792
Avg. Annual Appreciation
-7.12%
Original Mortgage
$1,954,000
Outstanding Balance
$1,936,538
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$357,378

Purchase Details

Closed on
Apr 14, 2021
Sold by
Soderstrom Robert W and Kim Soyun
Bought by
Soderstrom Robert W and Kim Soyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2019
Sold by
Soderstrom Robert W and Soderstrom Soyun Kim
Bought by
Soderstrom Robert W and Soderstrom Soyum Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2012
Closed on
May 8, 2012
Sold by
Cummings Sharon
Bought by
Soderstrom Robert W and Kim Soyun
Seller's Agent
Isaac Fast
Coldwell Banker Realty
Buyer's Agent
Lori Ramirez
Coldwell Banker Realty
List Price
$949,000
Sold Price
$985,000
Premium/Discount to List
$36,000
3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$788,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 20, 2010
Sold by
Miller Leonard
Bought by
Miller Leonard and Leonard Miller Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 4, 1999
Sold by
Miller Leonard
Bought by
Miller Leonard and Miller Lilyan H
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 Type Sale Price Title Company
Grant Deed $2,442,500 Equity Title - Los Angeles
Interfamily Deed Transfer -- Wfg National Title Company
Interfamily Deed Transfer -- North American Title Company
Grant Deed $985,000 Equity Title Los Angeles
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,954,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $222,311 New Conventional
Previous Owner $1,470,000 New Conventional
Previous Owner $222,311 New Conventional
Previous Owner $222,311 Commercial
Previous Owner $1,275,000 New Conventional
Previous Owner $788,000 Adjustable Rate Mortgage/ARM
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $2,442,500 +6.4% $1,147 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $2,295,000 +133.0% $1,077 / Sq Ft
06/12/2012 06/12/12 Sold $985,000 +3.8% $471 / Sq Ft
04/24/2012 04/24/12 For Sale $949,000 -- $454 / 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 $15,172 $2,442,500 $2,249,500 $193,000
2024 $15,172 $1,242,297 $970,362 $271,935
2023 $14,876 $1,217,939 $951,336 $266,603
2022 $14,181 $1,194,059 $932,683 $261,376
2021 $14,004 $1,170,647 $914,396 $256,251
2020 $14,146 $1,158,644 $905,020 $253,624
2019 $13,582 $1,135,926 $887,275 $248,651
2018 $13,508 $1,113,654 $869,878 $243,776
2016 $12,911 $1,070,411 $836,100 $234,311
2015 $12,721 $1,054,333 $823,541 $230,792
2014 $12,760 $1,033,681 $807,409 $226,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-445793

The MLS

APN: 5439-019-007