2621 Silver Ridge
Los Angeles, CA, 90039
$999,000
MLS: BB26074621
Beds
2
Baths
1
Sq Ft
1,042
Lot
0.08 ac
Year Built
1925
MLS #
BB26074621
Days on Market
1
Listed
Apr 9, 2026
Description
Attention investors, developers, and skilled owner-users — this is the Silver Lake hillside opportunity you’ve been waiting for. Perched in the coveted hills of one of LA’s most sought-after neighborhoods, this Spanish Revival treasure offers sweeping views and compelling value-add potential. The main level delivers 2 bedrooms and 1 bath with authentic period finishes and timeless architectural character. Below, an unpermitted ~500 sq. ft. lower level presents a prime opportunity to expand — potential additional dwelling unit, studio, or bonus living space, subject to permitting and buyer’s due diligence. The bones are there, the views are spectacular, and the upside is real. Restore this magnificent Spanish-style home to its former glory, unlock the lower level’s potential, and plant your flag in a neighborhood that continues to command strong buyer and renter demand. This is a project property priced for opportunity — bring your contractor, bring your vision, and make it happen. Sold as-is. Buyer to independently verify all permits, square footage, and ADU eligibility.
Location
Los Angeles, Los Angeles County, CA 90039
Open on Google Maps ↗Listed by: Alin Glogovicean · Redfin Corporation
Payment estimate
$7,239
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $99,900 · Loan: $899,100
- Principal & Interest
- $5,524
- Property tax (1.25%)
- $1,041
- Homeowners insurance
- $300
- Mortgage insurance
- $375
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $34,965 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.
Similar Homes Nearby
Active and pending listings in ZIP 90039 (Los Angeles) within ±10% of this home's price and size.
$943,000
2651 Pirtle Street
Los Angeles, 90039
$969,000
2753 Waverly Drive 806
Los Angeles, 90039
$995,000
2661 Locksley Place
Los Angeles, 90039
$1,035,000
3937 Revere
Los Angeles, 90039
$1,050,000
2728 Queen Street
Los Angeles, 90039
$1,050,000
2746 Benedict Street
Los Angeles, 90039
Local Market Stats
See Los Angeles, CA 90039 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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.