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
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