tomo logo

$2,350,000

Beds
2
Baths
2.5
sq ft
1,737

1934 Lucile Ave, Los Angeles, CA 90039

1934 Lucile Ave

Los Angeles, CA 90039

  • 34 days on market
Presenting the Jacobs Residence, an exquisite mid-century modern home envisioned by the renowned architect Otto J. Korver A.I.A. This iconic property, now available for only the third time, is nestled in a sought-after enclave of architectural homes on a tranquil Silver Lake hillside. Experience breathtaking views of the city and mountains through the expansive floor-to-ceiling windows, capturing the timeless allure of this beautiful vintage modern home. This distinctive residence is divided into two levels, with one bedroom and two bathrooms located upstairs, and a second bedroom and bathroom downstairs, featuring a private deck and a separate entrance. The second room downstairs houses a custom-built recording studio by Western Acoustic, meticulously designed for both sonic accuracy and aesthetic cohesion. Drawing inspiration from 1960s-era studio treatment techniques, the studio incorporates top-quality modern materials and upgrades, such as dedicated mini-split HVAC and custom soundproof windows and sliding doors, all while preserving the architectural integrity of the home. The living room seamlessly connects to a den, offering the potential for conversion into an additional bedroom, while all rooms effortlessly blend with the outdoors. Original tile, wood paneling, and a stone fireplace add to the home's classic appeal. A private patio off the kitchen and dining area completes the ideal layout for modern living. The property also includes a 4-person barrel sauna crafted from red cedar by Salus Saunas, pre-wired and equipped with a 6kW heater and versatile stones for both dry and wet sauna experiences. Enjoy the convenience of living close to the best of Silver Lake, including the reservoir and Sunset Junction, shops and restaurants. This rare opportunity presents itself as a neighborhood treasure, offering an exceptional lifestyle in a highly sought-after location. Contact us today to schedule a showing and seize this exceptional opportunity to live in a home of architectural significance.

Details

Property type

Single Family Residence

Est. home value

$2,400,904

Lot size

5,640 sq ft

Price per sq ft

$1,353

Year built

1962

HOA

No

Price History

05/07/2024
CLAW

CLAW #24392319

Listed
$2,350,000
+20.51%
06/30/2021
CLAW

CLAW #21737564

Sold
$1,950,000

Schools & Community

Neighborhood: 

Silver Lake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$2,099,514
Asking price
$2,350,000
Closing costs (~8% of asking)
-$188,000
Est. remaining loan balance
-$62,486
Cash to seller
$2,099,514

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Nationwide Mtg Corp

Loan start date

February 1999

Original loan amount

$202,000

Est. remaining balance

$62,486

Interest rate

6.69%

Loan type

Not Provided, 30 year

Seller

Mark Johnston and Laura Bogner

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/01/2024 at 8:50 AM

Listing updated: 06/24/2024 at 1:56 PM

Listed by: Sonya Chun, Compass Phone #: (323) 593-6999

MLS: CLAW #24392319

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