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$2,250,000

Beds
3
Baths
2.5
sq ft
2,458

2256 Panorama Ter, Los Angeles, CA 90039

2256 Panorama Ter

Los Angeles, CA 90039

  • 47 days on market
Welcome to 2256 Panorama Terrace, an entertainer's dream in the most coveted pocket of the Silver Lake Hills! This architectural gem designed by the renowned Steven Hill, AIA during the peak of his illustrious career in Los Angeles. This stunning residence boasts meticulous upgrades and breathtaking views, a sanctuary nestled in the Ivanhoe school district - and an ideal pocket of Silverlake, filled with creative professionals. The residence has been completely redesigned and intentionally updated with the highest attention to detail with designer finishes and lighting, boasting a brand new state of the art chef's kitchen, custom cabinetry, high end appliances from Thermador, and stunning Concrete Collaborative terrazzo surfaces. Signature arctic glass blocks and panoramic windows bring in natural light from all directions, while ample storage throughout the home includes everything from custom millwork built-ins in the living room, dining area, and upstairs bedroom, to a bespoke Murphy bed offering flexibility to host guests. The updated primary bedroom features west-facing iconic views of the Hollywood Hills, an oversized walk-in closet with custom ELFA shelving, and a spa-like designer renovated en-suite bathroom - complete with soaking tub, Heath Ceramics tiled separate shower, custom Nood sinks, and Concrete Collaborative flooring. Newly built backyard studio with cork flooring adds a bonus 165 sq feet to make your own: write your next album, bring your pilates reformer, or take your work calls in privacy. This home's upgrades go far beyond her beauty, boasting a complete new roofing system (2021), brand new bolted and braced hot water heater (2021), upgraded sewer line (2023), upgraded electrical panel (2022), EV charging point (2022), and smart home features throughout. With open concept living, as well as a two car garage, the home offers all the appeal of postmodern California living - updated for a contemporary lifestyle. The backyard is a lush retreat, featuring meticulously landscaped gardens, fruit trees, and drought-resistant plantings. Lounge on the turf-covered deck, work from your private backyard studio, or take the footbridge to soak in the west-facing views of the Griffith Park Observatory and Hollywood sign from the roof deck and double front patios. Don't miss this one!

Details

Property type

Single Family Residence

Est. home value

$2,177,413

Property condition

Updated/Remodeled

Lot size

5,502 sq ft

Price per sq ft

$916

Year built

1997

HOA

No

Price History

06/03/2024
CLAW

CLAW #24392225

Listed
$2,250,000
06/01/2024
CLAW

CLAW #24392225

Removed
$2,250,000
-6.25%
05/15/2024
CLAW

CLAW #24377411

Removed
$2,400,000
+6.67%

Schools & Community

Neighborhood: 

Silver Lake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Ubs Bank Usa

Loan start date

October 2021

Original loan amount

$1,421,600

Est. remaining balance

Not provided

Interest rate

2.25%

Loan type

New Conventional, 30 year

Seller

Daniel Alvarez and Lauren Schofield

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 8:10 AM

Listing updated: 06/26/2024 at 11:43 AM

Listed by: Mike McGill, Compass Phone #: (323) 593-6999

MLS: CLAW #24392225

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