By bwalker | September 13, 2013
Inhabited by a wide variety of ethnicities and socioeconomic groups, it is best known as an eclectic gathering of the creative community. Originally named “Ivanhoe” and later “Edendale,” the neighborhood was named after the man-made reservoir which lies at its center. “Silver Lake” was named not in reference to a color but after Herman Silver, a member of Los Angeles- first Board of Water Commissioners.
Silver Lake also has a long and proud community activist history. The Silver Lake Neighborhood Council was formed in the early 2000s and certified in February, 2003. The SLNC is widely considered a leader in the burgeoning neighborhood council movement. In addition, the SL Residents Association, SL Improvement Association, Committee to Save SL’s Reservoirs, the SL Chamber of Commerce and Neighbors for Peace & Justice are all quite active in the area.
Single family home prices are are in the general range of approximately $630,000 to $1,100,000. However, to date (7/14/06) there have been about 30 sales over $1.1 million as high as $2 million. For a small area Silver Lake has a high concentration of first class architecture. Many famous modernists such as Schindler, Neutra, Ain and Lautner have designed homes in the neighborhood. Silver lake is a friendly artistic neighborhood.