2838 Lambert Drive, Los Angeles, California 90068, Los Angeles, 90068 - bed, bath
ACTIVE$1,799,950
2838 Lambert Drive, Los Angeles, California 90068
0Bed
0Bath
2,820Sqft
5,713Lot
Year Built
1981
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$638
HOA
-
Days on market
-
Sold On
-
MLS number
TR25124530
Home ConditionExcellent
Features
Excellent View:
Deck
View-
About this home
We found 4 Cons,5 Pros. Rank: price - $1.80M(67th), sqft - 2820(33th), beds - undefined(50th), baths - undefined(50th).
Nearby schools
6/10
Cheremoya Avenue Elementary School
Public,•K-6•1.0mi
4/10
Grant Elementary School
Public,•K-6•1.4mi
8/10
Valley View Elementary School
Public,•K-6•1.6mi
4/10
Selma Avenue Elementary School
Public,•K-6•1.6mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•1.8mi
7/10
Gardner Street Elementary School
Public,•K-6•2.4mi
8/10
R. L. Stevenson Elementary School
Public,•K-5•3.0mi
7/10
Rio Vista Elementary School
Public,•K-5•3.4mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.7mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.4mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.7mi
5/10
David Starr Jordan Middle School
Public,•6-8•3.2mi
6/10
Walter Reed Middle School
Public,•6-8•4.5mi
6/10
Hollywood Senior High School
Public,•9-12•1.9mi
8/10
John Marshall Senior High School
Public,•9-12•2.4mi
7/10
Fairfax Senior High School
Public,•9-12•3.5mi
7/10
Burroughs High School
Public,•9-12•3.6mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•4.5mi
8/10
North Hollywood Senior High School
Public,•9-12•5.2mi
Price History
Date
Event
Price
02/27/25
Sold
$1,325,000
Condition Rating
Excellent
Despite being built in 1981, this triplex has undergone an extensive and high-quality renovation, likely within the last 5 years, as evidenced by the images. The kitchens feature modern light grey shaker cabinets, white quartz countertops, new stainless steel appliances (gas range, microwave, dishwasher), and contemporary black fixtures. Bathrooms are similarly updated with modern vanities, white countertops, black faucets, and fresh tiling. Throughout the units, there is consistent light wood-look flooring, white walls, and updated lighting (recessed lights, modern ceiling fans). The overall aesthetic is fresh, modern, and move-in ready, meeting current quality standards with virtually new visible components. While the property analysis mentions 'aging infrastructure,' the visible interiors are clearly not dated and reflect a comprehensive upgrade.
Pros & Cons
Pros
Prime Los Angeles Location: Situated in the highly desirable Hollywood Hills East area of Los Angeles, offering strong market appreciation potential and consistent rental demand.
Multi-Unit Income Property: As a triplex, the property provides multiple income streams, making it an attractive investment for generating rental revenue or offsetting owner-occupant costs.
Generous Lot Size: The 5713 sqft lot offers ample space for a multi-unit property in an urban setting, potentially allowing for outdoor amenities or future expansion possibilities (subject to zoning).
Access to Quality Schools: Proximity to several well-regarded public schools, such as Valley View Elementary (rating 8) and John Marshall Senior High (rating 8), enhances its appeal to families.
Established Construction: Built in 1981, the property has a proven structural history, offering a solid foundation for potential renovations and avoiding the uncertainties of new construction.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-02-27. The sold price is $1,325,000.00.
Aging Infrastructure: As a 1981 build, the property is over 40 years old, suggesting that major systems (e.g., plumbing, electrical, HVAC, roof) may be original and could require significant capital investment for upgrades and modernization.
Potential for Dated Interiors: Without specific details on recent renovations, the interior finishes and amenities may be outdated, necessitating further investment to attract premium tenants or maximize resale value.
High Entry Price with Renovation Costs: The nearly $1.8M list price, combined with anticipated renovation expenses for an older triplex, could result in a substantial overall investment, potentially impacting immediate cash flow or return on investment.