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$2,350,000

Beds
3
Baths
2.5
sq ft
2,447

2354 Panorama Ter, Los Angeles, CA 90039

2354 Panorama Ter

Los Angeles, CA 90039

  • 59 days on market
    • Price drop $38,000↓
Nestled among sweeping hills, 2354 Panorama Terrace captivates with its beautifully landscaped grounds, panoramic vistas, and clean, modern interiors. Designed by esteemed architect Steven Hill, AIA, this residence embodies the quintessence of California lifestyle. Through vast expanses of glazing and glass block walls, natural light pours into the interiors, seamlessly blending the indoor levels with many outdoor patios and decks. A formal entry leads to an open and airy entertainment level that effortlessly merges the living, dining, and kitchen areas. With dynamic interior architecture, soaring ceilings, three outdoor spaces, and a focal fireplace wall, the Great Room was purposefully crafted to accommodate both intimate gatherings and holiday occasions. The Poliform kitchen exudes modern elegance and is equipped with a top-of-the-line Wolf gas cooktop and Gaggenau convection and steam ovens. The primary suite is a haven of luxury, featuring a cozy fireplace, stunning views, an outdoor patio, and a recently reimagined bathroom with dual vanities, steam shower, heated floors, and freestanding soaking tub. Two additional bedrooms, a full bathroom, and laundry room complete the level. The backyard of the property is a botanical masterpiece, blending drought-tolerant and lush landscaping. Tiered hilltop landscaped terraces offer perfect spots for lounging by the fire pit, soaking up the sun, or hosting parties. Ideally situated in Ivanhoe Elementary's School District (Buyer to confirm), this home provides easy access to Silver Lake's eclectic coffee shops, restaurants, theaters, nature paths, and dog parks.

Details

Property type

Single Family Residence

Est. home value

$2,263,730

Lot size

7,068 sq ft

Price per sq ft

$961

Year built

1994

HOA

No

Price History

06/20/2024
CLAW

CLAW #24387111

Price change
$2,350,000
-1.59%
05/30/2024
CLAW

CLAW #24387111

Price change
$2,388,000
-4.44%
05/03/2024
CLAW

CLAW #24387111

Listed
$2,499,000
+33.28%

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

$729,898
Asking price
$2,350,000
Closing costs (~8% of asking)
-$188,000
Est. remaining loan balance
-$1,432,102
Cash to seller
$729,898

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

May 2022

Original loan amount

$1,481,228

Est. remaining balance

$1,432,102

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Justin Perlman

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 9:05 AM

Listing updated: 06/28/2024 at 7:13 PM

Listed by: Michael Druker, Douglas Elliman Phone #: (310) 595-3888

MLS: CLAW #24387111

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