2338 Lake View Avenue, Los Angeles, CA 90039
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
2338 Lake View Avenue,Los Angeles, CA 90039
$1,699,999
- 3 Beds
- - Baths
- 1,966 sq. ft.
- Multi-family
- Active
Listed by: erik brown, bruce urena
Office: compass
MLS#:CL26873519
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,699,999
- Price per sq. ft.:$864.7
About this home
$100,000 REDUCTION: 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 impro...
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Home facts
- Year built:1936
- Listing ID #:CL26873519
- Added:62 day(s) ago
- Updated:October 23, 2026 at 02:34 PM
Rooms and interior
- Bedrooms:3
- Flooring:Tile, Wood
- Living area:1,966 sq. ft.
Heating and cooling
- Heating:Fireplace(s), Wall Furnace
Structure and exterior
- Year built:1936
- Building area:1,966 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Back Yard, Front Yard
- Construction Materials:Stucco
- Exterior Features:Back Yard, Front Yard
Utilities
- Water:Public
Finances and disclosures
- Price:$1,699,999
- Price per sq. ft.:$864.7
Features and amenities
- Laundry features:Dryer, In Garage, Washer
- Amenities:Smoke Detector(s)
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