1572 Myra Avenue, Los Angeles, CA 90027

Local realty services provided by:ERA North Orange County Real Estate
#1#2#3
1572 Myra Avenue,Los Angeles, CA 90027
$1,900,000
Virtual Tour
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:lauren cearley
Office:myunits.com inc.
MLS#:BB25058208
Source:SANDICOR

Price summary

  • Price:$1,900,000

About this home

1572 Myra Ave is an exceptional investment opportunity in Los Feliz. With market cap rates hovering around 5.50% or lower, this fully renovated, 75% leased fourplex offers an unprecedented 7.18% REAL cap rate, making it one of the strongest cash-flowing deals in the area. Generating a projected $15,100 per month ($181,200 annually) in rental income, this is a true turnkey investment with minimal owner expenses thanks to separately metered electricity, gas and water submeters. This fully updated Spanish-style fourplex blends 1920s charm with modern upgrades, featuring two 3-bedroom, 1-bath units (each rented at $4,250) and two sleek 1-bedroom, 1-bath + loft + roofdeck ADUs (one leased for $3,200 and the other vacant). Additionally, the garage is leased for $500 per month, adding even more income. The high-end finishes, large private outdoor spaces, and premium design elements have attracted strong, stable tenants, ensuring immediate and long-term returns. Located on a peaceful

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Home facts

  • Listing Id #:BB25058208
  • Added:139 day(s) ago
  • Updated:August 18, 2025 at 02:48 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4

Heating and cooling

  • Cooling:Central Forced Air

Finances and disclosures

  • Price:$1,900,000
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