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Silver Lake’s High-End Homes Go Into Multiple Offers

It does not look like a buyers’ market in Silver Lake. Recently, there have been some amazing homes for sale that have sold quickly with multiple offers (some, over the asking price, all cash).  Silver Lake is breaking new ground with listing prices, as there are no other sales to support the prices of these homes. Some qualities that these homes share include the Ivanhoe Elementary school district, well-maintained properties, large sq. ft., a yard, and sometimes a pool (all of which are not easy to find in Silver Lake). Compared to the west-side of Los Angeles, you still get a much better house for the price, in addition to living in a community where people can walk their dogs, stroll their babies, jog, and say hello to one another. The recent opening of The Meadow (on the east side of the Silver Lake Reservoir), gives Silver Lakers another place to get together, enjoy the view, relax on the soft grass, and share a conversation with their neighbors. The houses listed below features some, if not all, of the criteria I have mentioned. Let me know what you think!

2302 Kenilworth Ave. Los Angeles, 90039

3 bedrooms/family-room/office/ 3 bathrooms within 3000 sq. ft.   –  Listing price – $1,595,000 / in escrow

This classical Monterey Colonial has everything you would want in a home in the prime Moreno Highlands of Silver Lake . It has lots of picture windows with straight on views of the lake, a great floor plan, and everything you want in a house in Silver Lake.

The large living room has built-ins, a fireplace, and a generously sized balcony with steps to the yard.

The updated eat-in kitchen is open and airy.

The enormous master suite has breathtaking views of the lake, a huge walk in closet, a fireplace, and remodeled bath.

The completely private, flat backyard is surrounded by trees, has a pool, hot tub, patio, and grassy area.

If you would like to see this home, please call Diane at 323.401.3987 or email.

Listing courtesy of Andrew Morrison, Sotheby’s Int’l Reality-Sunset

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3434 Waverly Drive, Los Angeles, 90027

4 bedrooms/2.5 baths/ 2604 sq. ft.    –   Listing price – $1,345,000 / Sold price – $1,451,175

This storybook Country English home sold for $116,000 over the asking price, all within 10 days with lots of offers. It is situated back from the street for privacy and is in the Ivanhoe school district. There is a complete guest unit above the garage.

The step down living room has wood floors, beamed ceiling, fireplace, built-ins, and french doors which lead to a flagstone patio.

The updated kitchen has a center island, high-end appliances, a T.V. nook, and french doors.

Master bedroom

Listing courtesy of Kirk Gerou, Prudential Ca – Los Feliz

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2617 Lakewood Ave. Los Angeles, 90039

3 bedrooms/ 3 baths/ 2500 sq. ft.     –    Listing price – $1,485,000 / Sold price – $1,500,000

This 1926 Spanish charmer is on a completely enclosed 11,000 sq. ft. lot. The 2500 sq. ft. home has 3 bedrooms, 3 baths, tiled fireplace, library, Douglas fir wood beamed ceilings, oak floors, arched hand painted doorways, family room, remodeled kitchen, multiple patios, and views of the lake and hills.

In the living room, there is an office/den on the other side of the fireplace.

A remodeled kitchen with high-end appliances.

The master bedroom, with it’s own remodeled bath.

There is a big, flat, grassy backyard with patios, gardens, a black bottom pool, which are all very private.

Listing courtesy of Brian Scott Ades of Sotheby’s Int’l Reality-Sunset

 

 

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