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Spanish-Style Triplex Compound
For Sale
$1,799,999

2338 NE Lake View Ave, Los Angeles, CA 90039

Three distinct residences share terraced gardens, separate utility metering, and recent improvements in Silver Lake.

Property Size1,966 SF
Days on Market12

Property Features for 2338 NE Lake View Ave

General Information

Standard status Active
Size 1,966 SF
Property subtype MULTI_FAMILY

Taxes and HOA fees

Annual Taxes $17,756

Building Details

Building Size 1,966 SF
Year Built 1936
Listing Agency: Compass
Listed By: Erik Brown · License #01958545
Source: Milsteinestates
Added: Aug 20 Changed: Aug 29 Last Checked: Aug 31 at 12:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

Built in 1936, this Spanish-style triplex combines a two-bedroom primary residence with a separate office and two-car garage, a one-bedroom residence, and a garden studio. The three homes occupy a terraced lot with a front yard, deck, landscaped rear gardens, arched entries, individual kitchens and bathrooms, and laundry facilities. Flooring includes wood, wood-laminate, carpet, and tile, while updated appliances and newer windows add practical improvements. Recent work also includes tankless water heaters, plumbing and sewer upgrades, a new main water line, electrical updates, exterior stairs, bathroom tile, soundproofing, a newer roof at the main residence, and chimney reconstruction.

Each residence has its own gas and electrical meter. All three are currently leased, with residents paying their individual utilities apart from owner-paid water and landscaping. The property is situated in Silver Lake near restaurants, cafés, shops, outdoor recreation, and the Silver Lake Reservoir area, with tree, hillside, and city views from portions of the grounds.

Key Highlights

  • Three separate residences: a 2‑bedroom home, 1‑bedroom home, and garden studio
  • 1936 Spanish‑style property with terraced gardens, front yard, deck, and city views
  • Primary residence includes a separate office and 2‑car garage

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Spa & Massage Center Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby

Demographics for 90039, CA

28,059
Population
13,332
Households
2.1
Avg Household Size
40
Median Age
57%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
7,794
Density / Sq Mi
$105,578
Median Household Income
$56,121
Median Earnings
$2,149
Median Rent
$1,202,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three distinct residences share terraced gardens, separate utility metering, and recent improvements in Silver Lake.
Where is this triplex located?
The property is located at 2338 NE Lake View Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,799,999.
What are key features of this property?
This property features: Three separate residences: a 2‑bedroom home, 1‑bedroom home, and garden studio; 1936 Spanish‑style property with terraced gardens, front yard, deck, and city views; Primary residence includes a separate office and 2‑car garage
More about this property
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