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$1,060,000
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Property Description
Discover an exceptional opportunity in one of Los Angeles' most desirable pockets with 2586 Lake View Ave, a rare bank-owned duplex offering remarkable potential, sweeping views, and endless possibilities for both investors and end-users. Perched above the street with an elevated vantage point, this property captures stunning panoramas of the surrounding hills and cityscape, creating a serene backdrop that enhances its long-term value.
Thoughtfully configured as a two-unit property, the home features a spacious 2-bed, 1-bath upper residence and a 2-bed, 1-bath lower residence, each with its own private entrance. The upstairs unit offers abundant natural light, open living spaces, and access to the property's most impressive views-perfect for an owner-occupied setup or a premium rental. The lower unit mirrors the functionality of the upper level, providing comfortable living quarters and flexibility for multi-generational living, rental income, or creative reimagining.
While the property is bank owned, its untapped potential is immediately evident. With vision and improvements, this duplex could become a standout showcase of modern living-or a high-performing income generator in a neighborhood where renovated homes command strong market prices. Investors will appreciate the property's layout, the ability to live in one unit while renting the other, or the opportunity to convert it into a single expansive residence.
Nestled in the vibrant Silver Lake / Echo Park adjacent area, the home sits moments away from beloved cafes, boutiques, parks, and the iconic Silver Lake Reservoir. The location balances urban convenience with the peaceful charm of hillside living, making it highly desirable to renters and homeowners alike.
Whether you're looking for a value-add project, a strategic investment, or a home with room to customize and grow, 2586 Lake View Ave offers a rare combination of location, views, and versatility. With strong bones and an outstanding setting, this property is primed to reward the right buyer with significant upside.
Seize this chance to transform a hidden gem into a shining example of Los Angeles living. Properties with this much potential-and this much character-don't come often.
Full Property Details
Full Property Details for 2586 Lake View
General
- Sold For: $1,060,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: PW25268775
- Added to Site: 93 day(s) ago
Interior
- Rooms/Areas: Family Room, Kitchen, See Remarks
- Interior Features: Ceiling Fan(s)
- Fireplace(s): None
- Eating Areas: Area, In Family Room, In Kitchen, See Remarks
- Appliances: Dishwasher, Gas Range, Gas Cooktop, Microwave, Range Hood, Water Heater
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Patio, Porch, See Remarks
Parking
- Parking: Driveway
Location
- County: Los Angeles
- Driving Directions: Lake View / Silver Ridge Ave
School Information
- School District: Los Angeles Unified
Community
- Community Features: Sidewalks
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: See Remarks
- Structure Type: Single Family Residence
- Common Walls: 1 Common Wall
- Disability Access: See Remarks
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,536
- Sq. Ft. Source: Assessor
- Year Built: 1923
- Year Built Source: Assessor
Lot Features
- Property View: Hills, Mountain(s), See Remarks
- Lot Size (Acres): 0.1028
- Lot Size Source: Assessor
- Lot Description: Sloped Down, Front Yard
Financial Considerations
- Price Per Sq. Ft.: $690.1
Disclosures and Reports
- Special Conditions: Real Estate Owned
- Bank-owned: Yes
Listed by City Light Realty, Sean Aziz and The Agency, Kelle Mortensen
Sold by eXp Realty of California Inc, Kathy Khang
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Schools
Schools serving 2586 Lake View
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Allesandro Elementary School 2210 Riverside Drive, Los Angeles, CA 90039 | PK-5 | 0.3 mi |
Washington Irving Mid School Math Music and Engr Magnet 3010 Estara Avenue, Los Angeles, CA 90065 | 6-8 | 1.2 mi |
John Marshall Senior High School 3939 Tracy Street, Los Angeles, CA 90027 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2586 Lake View
Date
Details
Price
Change
Source
2/03/2026
Sold
$1,060,000
6%
MLS
12/01/2025
Listed
$999,990
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2586 Lake View, Los Angeles, CA 90039 (MLS# PW25268775) is a Single Family property that was sold at $1,060,000 on February 03, 2026. Want to learn more about 2586 Lake View? Do you have questions about finding other Single Family real estate for sale in Silver Lake? You can browse all Silver Lake real estate or contact a Coldwell Banker agent to request more information.

