2342 Lake View Avenue, Los Angeles, California 90039, Los Angeles, 90039 - 3 bed, 3 bath
2342 Lake View Avenue
Los Angeles, California 90039
Property Price
SUMMARY
Analysis of 2342 Lake View Avenue, Los Angeles, California 90039 reveals a Fairly Priced Property with a current list price of $1,495,000 aligned with the estimated $1,532,185 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2342 Lake View Avenue Subject | $1,495,000* List Price | 3 | 3 | 1,948 | $787 | - |
A 2406 Silver Ridge Avenue Sold | $1,677,000 | 3 | 3 | 2,392 | $701 | 0.1 mi |
B 3010 Acresite Street Sold | $1,590,000 | 3 | 3 | 1,906 | $834 | 0.9 mi |
C 2068 Cerro Gordo Street Sold | $1,635,000 | 4 | 3 | 2,082 | $785 | 0.5 mi |
D 1942 Cerro Gordo Street Sold | $1,400,000 | 3 | 3 | 1,794 | $780 | 0.4 mi |
E 2376 Lake View Avenue Sold | $1,585,000 | 2 | 3 | 1,645 | $964 | 0.1 mi |
F 2615 Silver Ridge Avenue Active Under Contract | $1,195,000 List Price | 3 | 2 | 1,730 | $691 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1940s home is in move-in ready condition with significant updates that blend traditional charm with modern functionality. The kitchen has been modernized with tasteful grey cabinetry, stone countertops, and stainless steel appliances. The interior features well-maintained hardwood floors, updated light fixtures, and the addition of central AC. While the property retains its original character, the bathrooms and bonus guest suite appear updated and well-maintained, meeting the criteria for a high-quality, well-functioning home without the 'new construction' status required for an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Bonus Space
The property includes a separate bonus space with its own entrance, kitchen, and bathroom, offering excellent potential for rental income, a guest suite, or a private creative studio.
- Prime Silver Lake Location
Perfectly situated in a highly walkable area, the home provides immediate access to iconic local favorites such as Silver Lake Wine, Forage, and Trader Joe's.
- Modernized Traditional Charm
This 1940s Traditional has been thoughtfully updated with a contemporary kitchen, hardwood floors, and central AC, blending classic character with modern convenience.
CONSRISKS & DEFICIENCIES
- Sloped Topography
The terraced backyard, while offering a serene woodland feel, may limit flat usable space for recreation and could present accessibility challenges.
- Vintage Infrastructure
Given the 1940 construction date, buyers should anticipate potential maintenance requirements associated with older plumbing, electrical, or foundation systems typical of the era.
About 2342 Lake View Avenue
In Silver Lake, this spacious Traditional is a serene find with a scenic yard beneath a majestic oak tree. Artful landscaping sets the scene for morning coffee on the front porch; light filters through the oak canopy into the free-flowing living spaces, with hardwood floors throughout. The updated kitchen features tasteful grey cabinetry, stainless appliances, and generous storage. Three bedrooms include a primary with skylights, and the versatile third bedroom that can serve as a den or office. The bonus space under the home has a private entrance, kitchen, and bathroom, perfect for guests or creative studio. The private terraced backyard feels like a woodland escape for dining al fresco and relaxing. Amenities include AC, laundry, and garage with storage. The great location puts you moments from Edendale, Forage, Silver Lake Wine, Trader Joe's, and everything you love in Silver Lake.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 5,077 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,948 | 1,697 | 67% |
| Lot Size | 5,077 | 5,404 | 35% |
| Price | $1.50M | $1.58M | 47% |
| Price per sq ft | $767 | $1.1K | 16% |
| Built year | 1940 | 1929 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 163 | 3% |
Pricing History
Listed for Sale
Feb 12, 2026
$1,495,000
Initial Listing