2338 NE Lake View Ave, Los Angeles, CA 90039
2338 NE Lake View Ave, Los Angeles, CA 90039
2338 NE Lake View Ave, Los Angeles, CA 90039
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$1,799,999
Est. payment /mo
4 Beds
3 Baths
1,966 SqFt
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Open House

Sat Aug 22, 1:00pm - 4:00pm

Sun Aug 23, 1:00pm - 4:00pm

Tue Aug 25, 11:00am - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,966 sqft

Price per Sqft $915

Subdivision Tract No. 8131

MLS Listing ID 26873519

Style Spanish

Bedrooms 4

Construction Status Updated/Remodeled

Year Built 1936

Annual Tax Amount $17,756

Tax Year 2025

Lot Size 5,560 Sqft

Acres 0.1276

Property Sub-Type Multi-Family

Property Description

Hi, I'm 2338, 2338 & 2340 Lake View Drive, a 1936 Spanish garden compound tucked into the hills of Silver Lake. Yes, I'm technically three separate residences. I prefer to think of myself as an exceptionally charming little real estate empire with better landscaping. My setup includes a 2-bedroom main residence with a separate office and 2-car garage used as a social cave, a spacious 1-bedroom residence, and a garden studio, all arranged across a lush, terraced lot with privacy, personality and with tree and city views. Each residence has its own character, along with arched entries, wood, wood-laminate, carpet and tile flooring, thoughtful lighting, kitchens with updated appliances, bathrooms with showers and/or tubs, and laundry available on the property. I've also had some serious work done and not the kind involving a suspiciously flattering profile picture. Improvements include new kitchen appliances throughout, tankless water heaters, extensive plumbing upgrades, a new sewer line and main water line, replacement piping, significant electrical updating, new exterior stairs, newer windows, soundproofing improvements, bathroom tile upgrades, a newer asphalt-shingle roof at the main residence, and a rebuilt chimney. There are also three separate gas meters and three separate electrical meters, making life considerably easier for an income-producing property. Outside, I'm where things get especially good. A small, cozy front yard and deck welcome you in, while terraced back gardens create multiple outdoor spaces for relaxing, entertaining or pretending you've finally mastered gardening. From various points around the property, you'll catch views across the city and surrounding hills. And then there's Silver Lake. I'm close to the neighborhood's restaurants, cafes, shops, creative energy, outdoor recreation and the Silver Lake Reservoir area near enough to enjoy the action while still feeling tucked away when you come home. For an investor, I arrive with another attractive feature: all residences are currently leased to excellent tenants, who are paying their individual utilities other than owner-paid water and landscaping. Historically, vacancies have been rare and the residences have rented quickly when available. No cash for keys conversations have been had with the tenants, FYI. All in all, I'm a unique opportunity to own a character-rich, multi-residence Silver Lake compound offering income, flexibility and substantial recent improvements, all wrapped in classic 1930s Los Angeles charm. I'm being priced competitively with multiple offers in mind, and first showings will take place at the open houses. Opportunities like me tend not to sit around admiring their own city views, so don't assume I'll last long. Come see me in person, attend the upcoming Open House, or contact the listing team for additional information. I clean up pretty well.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LAR2

Rooms

Other Rooms None

Dining Room 1

Kitchen Remodeled, Galley Kitchen, Counter Top, Island

Interior

Interior Features Detached/No Common Walls, Drywall Walls, Open Floor Plan, Storage Space

Heating Wall, Fireplace

Cooling Air Conditioning, Wall Unit(s)

Flooring Wood, Tile

Fireplaces Type Gas Starter

Inclusions Refrigerators, ranges/stoves, and washer/dryer included. Main residence has in-unit laundry; duplex units share washer/dryer.

Equipment Dryer, Washer, Garbage Disposal, Refrigerator, Range/Oven, Microwave, Hood Fan, Barbeque, Dishwasher

Laundry Garage, Outside

Exterior

Parking Features Driveway - Concrete, Garage Is Attached

Garage Spaces 2.0

Pool None

Amenities Available None

Waterfront Description None

View Y/N Yes

View Canyon, Trees/Woods, Tree Top

Roof Type Clay

Handicap Access None

Building

Lot Description Street Paved, Curbs, Back Yard, Yard, Front Yard, Fenced, Wooded

Story 2

Foundation None

Sewer In Connected and Paid

Water District

Architectural Style Spanish

Level or Stories Two

Structure Type Stucco

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard

Pets Allowed Pets Permitted


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TheMLS (CLAW)
Listed by Compass

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Ever Banuelos
Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

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