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For sale
  • $1,799,999

    2338 Lake View Ave, Los Angeles, CA 90039

    4beds
    3baths
    1,966sqft
    : 
    $11,379/mo
    Get pre-qualified
    Multi Family
    Built in 1936
    -- sqft lot
    $1,915,600 Zestimate®
    $916/sqft
    $-- HOA

    What's special

    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.
    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#: 26873519MLS Logo

      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

        DateEventPrice
        8/20/2026Listed for sale$1,799,999+42.3%$916/sqft
        Source: CLAW #26873519 Report a problem
        5/17/2020Listing removed$4,495$2/sqft
        Source: Pearson Property Management Report a problem
        4/10/2020Listed for rent$4,495$2/sqft
        Source: Pearson Property Management Report a problem
        4/16/2019Listing removed$4,495$2/sqft
        Source: Pearson Property Management Report a problem
        4/6/2019Listed for rent$4,495$2/sqft
        Source: Pearson Property Management Report a problem
        7/27/2016Sold$1,265,000-2.3%$643/sqft
        Source: Public Record Report a problem
        6/1/2016Pending sale$1,295,000$659/sqft
        Source: John Aaroe Group Inc. #316004523_ITECH Report a problem
        5/16/2016Listed for sale$1,295,000+123.3%$659/sqft
        Source: John Aaroe Group Inc. #316004523_ITECH Report a problem
        7/15/2003Sold$580,000$295/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Silver Lake

        Getting around

        51 / 100
        Somewhat Walkable
        47 / 100
        Some Transit
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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