1437 Lucile Avenue, Los Angeles, CA 90026

Local realty services provided by:ERA North Orange County Real Estate
1437 Lucile Avenue,Los Angeles, CA 90026
$1,495,000
  • 4 Beds
  • 4 Baths
  • 3,577 sq. ft.
  • Multi-family
  • Active
Listed by: taylor avakian, freddie gershinson
Office: lyon stahl investment real estate, inc.
MLS#:26649029
Source:CRMLS

Price summary

  • Price:$1,495,000
  • Price per sq. ft.:$417.95

About this home

1437 Lucile Ave | 4-Unit + 5th Non-Conforming Unit Multifamily Investment in Silver Lake. Built in 1949 on a 7,351 SF lot with 3,577 SF of improvements, this boutique asset is located on one of Silver Lake's most desirable and supply-constrained residential streets. The property features a strong unit mix of (4) one-bedroom / one-bathroom units and is offered for the first time in approximately 36 years. One unit is currently vacant, providing immediate lease-up opportunity, while the remaining units offer below-market in-place rents with clear mark-to-market upside. Offered at $1,495,000 ($373,750/unit | $417.95/SF) with a 5.26% in-place cap rate and a 6.61% pro forma cap rate, supported by long-term rent growth potential in a high-barrier infill submarket.

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Home facts

  • Year built:1949
  • Listing ID #:26649029
  • Added:3 day(s) ago
  • Updated:February 21, 2026 at 02:34 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Living area:3,577 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1949
  • Building area:3,577 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$1,495,000
  • Price per sq. ft.:$417.95
Based on information from California Regional Multiple Listing Service, Inc. as of February 21, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.