Does the Node MCU v3 (LoLin) not have a builtin led?

the ESP8266 has a builtin led that is attached to D4 as labeled on LoLin boards which maps to GPIO2. One thing to Note is that the led is active low. In other words ... setting PIN 2 to '0' will turn the LED ON and setting PIN 2 to '1' will turn the LED OFF

Lolin Builtin_Led Picture

This is the only LED on the LoLin boards and differs from other devkits that have an LED on GPIO16.

I have nodeMCU v3 and Pin 2 worked for me.

#define LED_BUILTIN 2

void setup() {
  pinMode(LED_BUILTIN, OUTPUT);     // Initialize the LED_BUILTIN pin as an output
}

// the loop function runs over and over again forever
void loop() {
  digitalWrite(LED_BUILTIN, LOW);   // Turn the LED on (Note that LOW is the voltage level
                                    // but actually the LED is on; this is because 
                                    // it is acive low on the ESP-01)
  delay(1000);                      // Wait for a second
  digitalWrite(LED_BUILTIN, HIGH);  // Turn the LED off by making the voltage HIGH
  delay(2000);                      // Wait for two seconds (to demonstrate the active low LED)
}