1602 Silverwood Terrace
Los Angeles, CA, 90026
$2,895,000
MLS: 26842531
Beds
4
Baths
4
Sq Ft
2,759
Lot
0.14 ac
Year Built
1925
MLS #
26842531
Days on Market
12
Listed
Jun 5, 2026
Description
Hidden behind gates and lush landscaping, this beautifully updated Silver Lake Spanish lives as a secluded hillside retreat. Past the covered entry, a classic tile foyer opens to a gracious, sunny living room, with oversized arched picture windows, a sky-high rounded ceiling, and an elegant fireplace. A renovated kitchen leads to the dining area, with French doors to the grassy backyard. Four bedrooms and 3.5 baths are thoughtfully distributed across two levels, including a tranquil primary suite. Up the light-filled landing, a pergola-shaded rooftop deck captures sweeping views across the rolling Silver Lake hills to downtown. Thoughtfully reimagined by ORCA, the grounds are connected by winding pathways, with mature fruit trees and gathering spaces designed for both quiet reflection and effortless entertaining. A built-in banquette, fire pit lounge, cold plunge, and picture-perfect hammocks create a feeling of whimsical relaxation. With a detached garage and easy access to the neighborhood's beloved stairways, restaurants, shops, and the Reservoir, this home is deeply connected to its setting, allowing you to experience Silver Lake at its most serene.
Location
Los Angeles, Los Angeles County, CA 90026
Open on Google Maps ↗Listed by: Jenna Cooper · Compass
Payment estimate
$20,904
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $289,500 · Loan: $2,605,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $16,503
- Property tax (1.25%)
- $3,016
- Homeowners insurance
- $300
- Mortgage insurance
- $1,086
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $101,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Los Angeles, CA 90026 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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