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.
Property Details
Price:
$1,395,000
MLS #:
OC26043239
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c21silverlakeechopark
Listed Date:
Mar 3, 2026
Finished Sq Ft:
1,122
Lot Size:
6,520 sqft / 0.15 acres (approx)
Year Built:
1931
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Appliances
DW, IM, RF, GR, TW
Bathrooms
1 Full Bathroom, 1 Three Quarter Bathroom
Cooling
CA, WW, ES
Flooring
TILE, VINY, WOOD
Heating
CF, ES
Laundry Features
IN, STK, ICL, DINC, WINC
Exterior
Architectural Style
CNT
Community Features
FHL, HIKI
Construction Materials
UNK, CON, DWAL
Parking Spots
2
Security Features
EXL, SS, SD, COD
Financial
Map
Community
- Address2491 Ivan Hill Terrace Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90039
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Mar 19, 2026
7,220
Single Family Listed
90
Avg DOM
510
Avg $ / SqFt
$1,492,209
Avg List Price
Property Summary
- 2491 Ivan Hill Terrace Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90039. It is listed for $1,395,000 and features 2 beds, 2 baths, and has approximately 1,122 square feet of living space, and was originally constructed in 1931. The current price per square foot is $1,243. The average price per square foot for Single Family listings in Los Angeles is $510. The average listing price for Single Family in Los Angeles is $1,492,209.
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