tomo logo

$2,250,000

Beds
2
Baths
2.5
sq ft
1,737

1934 Lucile Ave, Los Angeles, CA 90039

1934 Lucile Ave

Los Angeles, CA 90039

  • 12 days on market
    • Open house Feb 22
A Mid-Century Modern gem in the hills of Silver Lake, the Jacobs Residence is a rare offering designed by renowned architect Otto J. Korver, A.I.A. Available for only the third time, this striking home is set in an enclave of architectural properties, with floor-to-ceiling windows framing breathtaking city and mountain views.The layout is effortlessly functional, with the upper level featuring a bedroom and two bathrooms, while the lower level offers a flexible second bedroom/studio with its own bath, private deck, and separate entrance. Currently, the downstairs space is home to a custom-built sound studio by Western Acoustic, designed for both precision and aesthetics. Inspired by 1960s studio techniques, it includes soundproof windows and sliding doors, a dedicated mini-split HVAC system, and high-end acoustic treatmentsall seamlessly integrated without compromising the home's original character. The studio can easily be converted back into a bedroom or office.Throughout the home, original details like wood paneling, a stone fireplace, and vintage tile add warmth and authenticity. The open living and dining areas flow naturally to outdoor spaces, including a private patio off the kitchen. A den adjacent to the living room offers potential for an additional bedroom, while every space connects effortlessly to the outdoors.Rounding out the experience is a four-person red cedar barrel sauna by Salus Saunas, wired with a 6kW heater and designed for both dry and wet sauna experiences. All just moments from the Silver Lake Reservoir, Sunset Junction, and the best dining and shopping in the neighborhood. A true architectural treasure, this home is a rare find in the sought-after Silver Lake hills/Ivanhoe school location.

Details

Property type

Single Family Residence

Est. home value

$2,400,904

Lot size

5,640 sq ft

Price per sq ft

$1,296

Year built

1962

HOA

No

Price History

02/10/2025
CLAW

CLAW #25496543

Listed
$2,250,000
12/12/2024
CLAW

CLAW #24436787

Removed
$2,250,000
12/05/2024
CLAW

CLAW #24436787

Pending
$2,250,000

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

$2,015,295
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$54,705
Cash to seller
$2,015,295

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

$54,705

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: 02/22/2025 at 2:50 AM

Listing updated: 02/19/2025 at 11:13 AM

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

MLS: CLAW #25496543

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