NOT LISTED FOR SALE

2624 Lake View Terrace E Los Angeles, CA 90039

Estimated Value: $1,613,000 - $3,004,000

2 Beds
2 Baths
1,643 Sq Ft
$1,240/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $1,510,000 $919 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $12,659/month

35 Days on Market

Highlights

  • Reservoir Views
  • Wood Flooring
  • No HOA
  • Ivanhoe Elementary Rated A-
  • Lawn
  • Open Patio

About This Home

As of October 2022

Prime location in the heart of Silver Lake, this hillside home is situated on a quiet street just up from the Ivanhoe Reservoir. Set back from the street by a terraced front yard, this 2 bedroom 1 bath house with ADU/guest suite/office option offers views of the Griffith Park Observatory and the Hollywood sign. With multiple access points to the 2 outdoor patios and a large grass backyard, and an abundance of natural light, one has the opportunity for easy indoor/outdoor living and entertaining. The interior boasts a gracious living room with fireplace and endless cityscape and mountain views with access to an inviting side patio. An abundance of natural light flows into the dining room and opens to the bright kitchen and laundry room. Two spacious bedrooms and one full bathroom complete the main level. The lower level with separate access has a versatile floor plan guest suite with 3/4 bathroom and kitchenette space. The rear yard features a large grassy expanse with privacy hedge and unbelievable views of the reservoir! A 2 car off street garage and ample street parking completes this incredible property. This home is located in Ivanhoe School district.

Last Agent to Sell the Property

Janice McGlashan

Coldwell Banker Realty License #01041976 Listed on: 09/12/2022

Coldwell Banker Realty

Last Buyer's Agent

Natalie Stern Trabin

Compass License #01901052

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,672

Year Built

  • Built in 1936

Lot Details

  • 6,188 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Lawn
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Reservoir
  • Mountain

Home Design

  • Split Level Home

Interior Spaces

  • 1,643 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Open Patio
  • Exterior Lighting

Schools

  • Ivanhoe Elementary School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 008
  • Assessor Parcel Number 5439019008

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,672

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5439019008
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1643.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 909.92
  • Room Type: Entry, Laundry, Kitchen, Living Room
  • Bathroom Features: Separate Tub And Shower

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Reservoir
  • Fence: Yes
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Range, Microwave
  • Laundry Features: Inside, Stackable, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Street Lights, Sidewalks

Schools

  • Elementary School: Ivanhoe
  • Elementary School: Ivanhoe
  • Elementary School #2: IVANHO

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Lawn
  • Lot Size Sq Ft: 6188.00
  • Lot Size Acres: 0.1421

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6188.0000 Square Feet

Tax Info

  • Tax Lot: 008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Oct 18, 2022
Sold by
Kalishman Harold
Bought by
Weinberg Elizabeth and Carter Andrew
Seller's Agent
Janice McGlashan
Coldwell Banker Realty
Buyer's Agent
Natalie Stern Trabin
Compass
List Price
$1,600,000
Sold Price
$1,510,000
Premium/Discount to List
-$90,000
-5.62%
Current Estimated Value
$2,037,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,823
Avg. Annual Appreciation
11.17%
Original Mortgage
$1,000,000
Outstanding Balance
$955,741
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$1,082,082
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
Weinberg Elizabeth $1,510,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weinberg Elizabeth $120,000
Open Weinberg Elizabeth $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $1,510,000 +1.0% $919 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
09/26/2022 09/26/22 Price Changed $1,495,000 -6.6% $910 / Sq Ft
09/12/2022 09/12/22 For Sale $1,600,000 -- $974 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $18,672 $1,571,004 $1,040,400 $530,604
2024 $18,672 $1,540,200 $1,020,000 $520,200
2023 $18,305 $1,510,000 $1,000,000 $510,000
2022 $3,994 $326,265 $183,963 $142,302
2021 $3,941 $319,868 $180,356 $139,512
2019 $3,824 $310,382 $175,007 $135,375
2018 $3,775 $304,297 $171,576 $132,721
2016 $3,600 $292,482 $164,914 $127,568
2015 $3,549 $288,089 $162,437 $125,652
2014 $3,566 $282,447 $159,256 $123,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-11224

Pasadena-Foothills Association of REALTORS®

APN: 5439-019-008