$1,295,000 - 2491 Ivan Hill Terrace, Los Angeles

Los Angeles Home Sale

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.