In Silver Lake real estate circles, a home with a view of the reservoirs is a big plus that can boost a home’s sales price. So is a Richard Neutra or mid-century architectural pedigree. But perhaps one of the biggest-price boosters – according to some agents – is whether a Silver Lake home is located within the attendance area of highly-rated Ivanhoe Elementary. One agent, Dan Ortega, has even launched a blog with the no-nonsense name Ivanhoe Elementary Silver Lake Real Estate focused on the area served by Ivanhoe, which is located in the north end of Silver Lake off Rowena Avenue. But what are the school’s exact attendance boundaries? Another real estate agent, Brock Harris, had to navigate through the L.A. Unified bureaucracy before he was able to get a copy of a map of the Ivanhoe attendance area, which roughly covers the area north and west of the Silver Lake reservoirs.
It’s debatable how much value being in the Ivanhoe zone ads to a property, with buyers weighing the savings of sending their children to a free public school versus a pricey private academy. But Brock said what he calls the Ivanhoe Premium is worth about $100,000. Of course, it’s not clear what happens to that premium when Ivanhoe kids are ready for middle school.
Here’s a map of Silver Lake’s Ivanhoe Elementary School District. Curbed L.A.