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Sold for $1,225,000
  • Listed by: Cooper One Fourteen • Dick Hamparsumian • Contact: 949-500-8000
    Bought with: eXp Realty of Greater Los Angeles
    $1,225,000

    2491 Ivan Hill Ter, Los Angeles, CA 90039

    3beds
    1,760sqft
    Single Family Residence
    Built in 1931
    6,520 Square Feet Lot
    $1,228,900 Zestimate®
    $696/sqft
    $7,553 Estimated rent

    Home value

    $1,228,900

    $1.12M - $1.35M

    $7,553/mo

    Zestimate® history
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    What's special

    Perched at the end of a quiet cul-de-sac in the Silver Lake hills, 2491 Ivan Hill Terrace is a private hillside retreat offering architectural flexibility, layered outdoor spaces, and meaningful system upgrades in one of the Eastside’s most sought-after neighborhoods. Currently configured as a 4 bedroom, 3 bath single-family residence, the layout adapts effortlessly to entertaining, creative workspace, remote work, or multi-generational living. Reimagined with clean contemporary finishes, the open living and dining areas are filled with natural light and connect seamlessly to a modern kitchen with quartz countertops and stainless steel appliances, while updated baths and streamlined detailing create a cohesive, move-in-ready aesthetic. Significant improvements completed in 2021 include roof replacement, HVAC installation, electrical upgrade and rewiring, plumbing repipe, kitchen remodel, window replacement, and bathroom updates. The lower level introduces substantial additional living space that expands the home’s versatility and invites imaginative use as a studio, guest suite, office, or media retreat. In 2023, a permit application was submitted for conversion of the lower level into a proposed 568 square foot ADU and 496 square foot Junior ADU totaling approximately 1,064 square feet, the application was not completed, creating potential for a future owner to pursue completion and further enhance value, subject to buyer verification of status and feasibility with LADBS. Additionally, set on a 6,520 square foot lot elevated above the street and framed by mature eucalyptus, yucca, and pine, the property features two sunlit terraces designed for dining, gathering, and relaxed evenings outdoors, along with more private garden areas that enhance the sense of retreat. Located near the Silver Lake Reservoir and neighborhood cafés, this hillside home offers both immediate comfort and long-term potential. Certain improvements and/or additions may not be permitted. Buyers are encouraged to independently verify square footage, permits, zoning, and legal use of all spaces. Property sold as-is. Seller reserves the right to accept an offer prior to offer deadline.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dick Hamparsumian DRE #01974051 949-500-8000,

    Cooper One Fourteen

    Bought with:

    Mark Gallandt, DRE #01913813

    eXp Realty of Greater Los Angeles

    Source: CRMLS,MLS#: OC26043239MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bonus Room, Converted Bedroom, Family Room, Kitchen, Living Room, Primary Bedroom, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Full Bath on Main Level, Remodeled, Upgraded
    Kitchen
    • Features: Built-in Trash/Recycling, Kitchen/Family Room Combo, Quartz Counters
    Heating
    • Central, ENERGY STAR Qualified Equipment
    Cooling
    • Central Air, ENERGY STAR Qualified Equipment, Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Gas Range, Ice Maker, Refrigerator, Tankless Water Heater, Dryer, Washer
    • Laundry: Inside, Laundry Closet, Stacked
    Features
    • Separate/Formal Dining Room, Eat-in Kitchen, Main Level Primary
    • Flooring: Tile, Vinyl, Wood
    • Windows: Double Pane Windows, ENERGY STAR Qualified Windows
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,760 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Driveway Up Slope From Street, On Street
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 2
    • Patio & porch: Concrete, Deck, Terrace
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City Lights, Hills
    • Waterfront features: Reservoir in Community
    Lot
    • Size: 6,520 Square Feet
    • Features: Sloped Down, Garden
    Details
    • Parcel number: 5439007007
    • Zoning: LAR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Drywall, Concrete, Unknown
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1931

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer, Unknown
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Features: Foothills, Hiking
    • Security: Security System, Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $696/sqft
    • Tax assessed value: $1,112,500
    • Annual tax amount: $13,420
    • Date on market: 3/2/2026
    • Cumulative days on market: 53 days
    • Listing terms: Cash,Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/10/2026Sold$1,225,000-5.4%$696/sqft
    Source: CRMLS #OC26043239 Report a problem
    4/6/2026Pending sale$1,295,000$736/sqft
    Source: CRMLS #OC26043239 Report a problem
    3/22/2026Contingent$1,295,000$736/sqft
    Source: CRMLS #OC26043239 Report a problem
    3/19/2026Price change$1,295,000-7.2%$736/sqft
    Source: CRMLS #OC26043239 Report a problem
    3/2/2026Listed for sale$1,395,000+8.2%$793/sqft
    Source: CRMLS #OC26043239 Report a problem
    2/16/2026Listing removed$1,289,000$732/sqft
    Source: CLAW #26637541 Report a problem
    2/3/2026Contingent$1,289,000$732/sqft
    Source: CLAW #26637541 Report a problem
    1/14/2026Listed for sale$1,289,000+15.9%$732/sqft
    Source: CLAW #26637541 Report a problem
    1/22/2025Sold$1,112,500-34%$632/sqft
    Source: CRMLS #OC24152280 Report a problem
    6/10/2024Sold$1,685,865-11.2%$958/sqft
    Source: Public Record Report a problem
    4/30/2024Price change$1,899,000-12.7%$1,079/sqft
    Source: CLAW #24-356473 Report a problem
    3/21/2024Price change$2,175,000-1.1%$1,236/sqft
    Source: CLAW #24-356473 Report a problem
    2/14/2024Listed for sale$2,200,000+41.9%$1,250/sqft
    Source: CLAW #24-356473 Report a problem
    12/3/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/16/2023Price change$5,200-3.7%$3/sqft
    Source: Zillow Rentals Report a problem
    10/23/2023Listed for rent$5,400+107.7%$3/sqft
    Source: Zillow Rentals Report a problem
    10/5/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/5/2023Price change$2,600-7.1%$1/sqft
    Source: Zillow Rentals Report a problem
    8/11/2023Listed for rent$2,800$2/sqft
    Source: Zillow Rentals Report a problem
    5/24/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/22/2023Listed for rent$2,800$2/sqft
    Source: Zillow Rentals Report a problem
    5/12/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/28/2023Listed for rent$2,800-12.5%$2/sqft
    Source: Zillow Rentals Report a problem
    1/31/2023Listing removed--
    Source: Zillow Rentals Report a problem
    1/17/2023Listed for rent$3,200-40.7%$2/sqft
    Source: Zillow Rentals Report a problem
    11/4/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/21/2022Listed for rent$5,400$3/sqft
    Source: Zillow Rental Manager Report a problem
    10/14/2021Sold$1,550,000+108.1%$881/sqft
    Source: Public Record Report a problem
    12/8/2020Sold$745,000$423/sqft
    Source: CRMLS #OC20131015 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,420 -31.3%$1,112,500 -31%
    2024$19,536 +2%$1,612,620 +2%
    2023$19,152 +4.9%$1,581,000 +2%
    2022$18,249 +1999.4%$1,550,000 +2525%
    2021$869 +10.1%$59,047 +1%
    2020$790 $58,443 +2%
    2019$790 +6.6%$57,298 +2%
    2018$741 $56,175 +2%
    2017$741 +2.5%$55,075 +2%
    2016$723 +4.4%$53,996 +1.5%
    2015$692 -0.2%$53,186 +2%
    2014$694 $52,145 +2.5%
    2012-- $50,894 +2%
    2011-- $49,897 +0.8%
    2010-- $49,525 -0.2%
    2009-- $49,644 +2%
    2008-- $48,671 +2%
    2007-- $47,718 +2%
    2006-- $46,784
    2005-- $46,784 +4%
    2004-- $44,969 +1.9%
    2003-- $44,146 +2%
    2002-- $43,281 +4%
    2000-- $41,603
    Find assessor info on the county website

    Neighborhood: Silver Lake

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,228,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,228,900