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.
For sale
$1,799,999
2338 Lake View Ave, Los Angeles, CA 90039
4beds
3baths
1,966sqft
Multi Family
Built in 1936
-- sqft lot
$1,915,600 Zestimate®
$916/sqft
$-- HOA
What's special
- 12 days
- 992
- 68
Zillow last checked:
Listing updated:
Listed by:
Erik Brown DRE # 01958545 424-333-6697,
Compass 310-230-5478,
Bruce Urena DRE # 01904995 310-975-9916,
Compass
Source: CLAW,MLS#: 26873519
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Rooms
- Room types: Living Room, Dining Room, Office, Patio Covered, Patio Open, Dining Area, Studio
Bedroom
- Level: Main
Bathroom
- Features: Shower Over Tub, Tile, Remodeled
Kitchen
- Features: Remodeled, Galley Kitchen, Counter Top, Kitchen Island
Heating
- Wall, Fireplace(s)
Cooling
- Air Conditioning, Wall Unit(s)
Appliances
- Included: Free Standing Gas, Gas Cooking Appliances, Range, Gas Oven, Range Hood, Microwave, Dryer, Washer, Disposal, Refrigerator, Range/Oven, Exhaust Fan, Barbeque, Dishwasher, Gas Water Heater, Tankless Water Heater
- Laundry: In Garage, Outside
Features
- Open Floorplan, Storage
- Flooring: Wood, Tile
- Doors: French Doors
- Windows: Drapes
- Has fireplace: Yes
- Fireplace features: Gas Starter
- Common walls with other units/homes: Detached/No Common Walls
Interior area
- Total structure area: 1,966
- Total interior livable area: 1,966 sqft
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Garage Is Attached
- Attached garage spaces: 1
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: Ground Level w/steps
- Patio & porch: Covered, Patio, Brick, Deck
- Exterior features: Barbecue
- Pool features: None
- Spa features: None
- Fencing: Fenced
- Has view: Yes
- View description: Canyon, Trees/Woods, Tree Top
- Waterfront features: None
Lot
- Size: 5,558 Square Feet
- Features: Curbs, Back Yard, Yard, Front Yard, Wooded, Canyon, Hilltop
Details
- Additional structures: None
- Parcel number: 5440020017
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish
- Property subtype: Multi Family
Materials
- Stucco, Drywall Walls
- Foundation: None
- Roof: Clay
Condition
- Updated/Remodeled
- Year built: 1936
Utilities & green energy
- Sewer: In Connected and Paid
- Water: District
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Amenities included: None
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $916/sqft
- Tax assessed value: $1,468,137
- Annual tax amount: $17,756
- Date on market: 8/20/2026
- Inclusions: Refrigerators, ranges/stoves, and washer/dryer included. Main residence has in-unit laundry; duplex units share washer/dryer.
- Tenant pays: Gas, Electricity, Cable TV, Trash Collection
- Road surface type: Paved
Estimated market value
$1,915,600
$1.82M - $2.01M
$4,600/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Listed for sale | $1,799,999+42.3%$916/sqft |
Source: | ||
| 5/17/2020 | Listing removed | $4,495$2/sqft |
Source: Pearson Property Management Report a problem | ||
| 4/10/2020 | Listed for rent | $4,495$2/sqft |
Source: Pearson Property Management Report a problem | ||
| 4/16/2019 | Listing removed | $4,495$2/sqft |
Source: Pearson Property Management Report a problem | ||
| 4/6/2019 | Listed for rent | $4,495$2/sqft |
Source: Pearson Property Management Report a problem | ||
| 7/27/2016 | Sold | $1,265,000-2.3%$643/sqft |
Source: Public Record Report a problem | ||
| 6/1/2016 | Pending sale | $1,295,000$659/sqft |
Source: John Aaroe Group Inc. #316004523_ITECH Report a problem | ||
| 5/16/2016 | Listed for sale | $1,295,000+123.3%$659/sqft |
Source: John Aaroe Group Inc. #316004523_ITECH Report a problem | ||
| 7/15/2003 | Sold | $580,000$295/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,497,859 +2% |
| 2025 | $17,757 +1.1% | $1,468,497 +2% |
| 2024 | $17,569 +2% | $1,439,711 +2% |
| 2023 | $17,226 +4.9% | $1,411,489 +2% |
| 2022 | $16,419 +1.2% | $1,383,821 +2% |
| 2021 | $16,220 -1% | $1,356,695 +1% |
| 2020 | $16,387 | $1,342,788 +2% |
| 2019 | $16,387 +4.8% | $1,316,466 +2% |
| 2018 | $15,640 | $1,290,660 +2% |
| 2017 | $15,640 +2.3% | $1,265,000 +81.6% |
| 2016 | $15,295 +82.3% | $696,596 +1.5% |
| 2015 | $8,388 +1.1% | $686,134 +2% |
| 2014 | $8,298 | $672,695 +4.5% |
| 2011 | -- | $643,654 +0.8% |
| 2010 | -- | $638,845 -0.2% |
| 2009 | -- | $640,363 +4% |
| 2007 | -- | $615,499 +2% |
| 2006 | -- | $603,432 +4% |
| 2004 | -- | $580,000 +119.7% |
| 2003 | -- | $264,043 +2% |
| 2002 | -- | $258,867 +4% |
| 2000 | -- | $248,817 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Silver Lake
Nearby schools
Schools provided by the listing agent
- District: Los Angeles Unified
Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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