Sunday, October 23, 2016

Eastside Property: What does $1 million buy in Silver Lake?


By Marni Epstein

SILVER LAKE — Silver Lake has been the lips of every trend-setter and real estate speculator for a while now. Its main streets are already littered with restaurants and boutiques, and soon enough, it may even welcome its first boutique hotel  and a Whole Foods. All of that is a long way of saying it’s evident that real estate in the neighborhood does not come cheap. You’ve been wondering, now we’re asking: Does $1 million even buy you that much house in Silver Lake anymore? Here are some options:

3248 Descanso Dr., $979,000, 3bd

For just under the seven figure mark you can get this hillside, ultra-modern pad. This solar panel-equipped home may not have the most ideal outdoor space but it certainly does offer panoramic views from its multiple balconies in case you’d also like to soak up solar rays.

2265 India St., 3bd, $1,049,000

For a piece of Mid-Century Silver Lake, you can get this charming, if somewhat outdated, home and its adjoining apartment. The home’s kitchen may need updates but its open layout lends itself easily to today’s style of living. The home’s exposed-beam ceilings and spacious backyard add features that you simply cannot renovate up to.

2431 Meadow Valley Ter., $1,079,000, 3bd

This Silver Lake home is offering a view to pay for. This low-key, 1937 traditional is asking just over the million dollar mark for its stellar views of Griffith observatory — but only 1,700 square feet.

Marni Epstein Epstein is an entertainment, music, and lifestyle Journalist and resident of Echo Park. She has previously worked in the film and digital media industries with FOX and Sony Pictures Entertainment. She is currently also pursuing a Masters in Historic Preservation.

Eastsider Ads

Eastsider Advertising

One comment

  1. WOW. I knew it had gotten bad, but I had no idea the market in Silver Lake had reached those heights. That’s insane. I would’ve priced that third one at $700K.

Post a Comment

Please keep your comments civil and on topic and refrain from personal attacks. The moderator reserves the right to edit or delete any comments. The Eastsider's Terms of Use and Privacy Policy apply to comments submitted by readers. Required fields are marked *