1437 Lucile Avenue, Los Angeles, CA 90026

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
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.310-425-9838
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. *NOW DELIVERING 2 VACANT UNITS* 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. Two units delivered vacant, the property offers solid in-place income today, while also benefiting from immediate upside optionality for an incoming owner.. 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:51 day(s) ago
  • Updated:April 10, 2026 at 10:45 AM

Rooms and interior

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

Heating and cooling

  • Heating:Wall Furnance

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

Parking

  • Total parking spaces:6
  • Parking description:Driveway
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