Los Angeles, California » Silverlake » 2523 Ivan Hill

2523 Ivan Hill

$ 1,120,000

Los Angeles, CA 90039


3 Beds, 1 Baths, 1,616 sq. ft.

Sold: 10/16/2020

Property needs TLC/Fixer. This Three bedroom, Two and a Quarter Bath single-family is in prime northeast Silver Lake within the coveted IVANHOE ELEMENTARY SCHOOL boundaries. Surrounded by similar sized homes selling in the $1.4 - $1.5M+ range, this home is a great buy! Silver Lake Reservoir is just a few blocks away - perfect place to take a morning jog or run. A short distance to Whole Foods, Trader Joe's, many great restaurants and a stones-throw away from Los Feliz and Atwater. A great opportunity for a DIY'er who wants to put in their own personal touch, an end-user looking to live in one unit and rent the other, or investor looking for a property with potential for rental income. Street level entry, the main floor has two bedrooms, a full bath, and an en-suite quarter bath. Kitchen with breakfast area, living room, and dining room. Basement is finished and can be accessed from the inside or through an exterior entry. Basement has additional sleeping quarters, living space, three-quarter bath, and plenty of storage. Could be used as a separate studio apartment. Property is zoned (per LADBS): R2-1VL. Convert into a duplex and add an ADU (new ADU laws - check with LABDS). Fully developed hillside property, the lot tiers down and has several usable spaces - fire pit, garden, several areas for storage. You will have to see for yourself to imagine the possibilities.

Aerial View:

Quick Facts:

  • Home Size: 1,616 sq.ft.
  • Price/sq.ft.: $741.96
  • Lot Size: 5,828 sq.ft.
  • Built in 1926
  • Garages Spaces: 1.00
  • Fireplace


Property Details:

Assessor’s Parcel Number 5439007028
Days on Market 18
Last Modified October 17th at 5:09am
Listing Status Closed
Price Per Sq. Ft. $741.96
Property Type Single Family Residence
Sewage System Public Sewer
Style Spanish
Water Source Public
Year Built 1926

Interior Features:

Bathrooms 1 full bath, 1 quarter bath, 1 three quarter bath
Bedrooms 3
Cooling Central, None
Fireplace None
Floorspace 1,616 sq. ft.
Floor Wood
Heating Forced Air
Laundry Facilities Inside
Rooms Main Floor Master Bedroom

Exterior Details:

Acres 0.1338
Fence Chain Link
Lot Size 5,828 sq. ft.
Garage Spaces 1.00
Parking Garage
Patio Porch - Front
Roofing Asphalt
View Peek-A-Boo

Nearby Schools in Los Angeles

School Name Parent Rating Distance Map

3.1 mi.

4.1 mi.

4.4 mi.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Listing provided courtesy of Aldo Baltodano at Greenpoint Real Estate Services.

Updated: 2020-10-17 05:09:21

Any questions?