1572 Myra Avenue, Los Angeles, CA 90027

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
#1#2#3
1572 Myra Avenue,Los Angeles, CA 90027
$1,900,000
  • - Beds
  • - Baths
  • 2,247 sq. ft.
  • Multi-family
  • Active
Listed by:lauren cearley
Office:myunits.com inc.
MLS#:CRBB25058208
Source:CAMAXMLS

Price summary

  • Price:$1,900,000
  • Price per sq. ft.:$845.57

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

  • Year built:1925
  • Listing Id #:CRBB25058208
  • Added:135 day(s) ago
  • Updated:August 14, 2025 at 05:13 PM

Rooms and interior

  • Living area:2,247 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:1925
  • Building area:2,247 sq. ft.
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$1,900,000
  • Price per sq. ft.:$845.57
MLS LogoBay East 2025. CCAR 2025 bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 14, 2025

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