1639 Micheltorena Street, Los Angeles, CA 90026
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1639 Micheltorena Street,Los Angeles, CA 90026
$2,995,000
- 13 Beds
- 10 Baths
- 5,594 sq. ft.
- Multi-family
- Pending
Listed by: benjamin j. hsiang, alexander metaxas
Office: realty investment advisors, inc.
MLS#:26641949
Source:CRMLS
Price summary
- Price:$2,995,000
- Price per sq. ft.:$535.4
About this home
We are pleased to present 1637-1639 Micheltorena Street, an 8-unit apartment community located in the heart of prime Silver Lake, one of Los Angeles' most sought-after rental submarkets. The property has undergone a comprehensive redevelopment, with 7 of the 8 units either fully gut-renovated or newly constructed in 2023, offering a largely new asset with modern systems and future upside. The unit mix is spread across three separate buildings. The front building consists of five units (four 1-bed/1-bath units and one 2-bed/1-bath unit). The rear of the property features a freestanding 3-bed/2-bath home with central heat/AC along with a 2023-constructed duplex comprised of a 3-bed/2-bath unit and a 1-bed/1-bath unit. The two new-construction units are not subject to rent control, providing operational flexibility and long-term income upside. Renovated units feature luxury vinyl plank flooring, quartz countertops, custom cabinetry, stainless steel appliances, designer tile, in-unit washer/dryers, and upgraded heat/AC systems. Major capital improvements include new electrical, plumbing, drain lines, windows, and doors, significantly reducing near-term cap-ex exposure. Two of the three buildings also feature new roofs, and all structures were refreshed with smooth stucco exteriors. The exterior was redesigned with drought-tolerant landscaping, a newly poured driveway, and 7 on-site parking spaces. Located just steps from the Silver Lake Reservoir, Micheltorena Street is one of the neighborhood's most iconic and desirable addresses. Residents enjoy immediate access to some of Silver Lake's most acclaimed dining, shopping, and lifestyle amenities, as well as everyday conveniences all within moments of the property. Offered at a current 6.20% cap rate, this is a rare opportunity to acquire a largely new, high-quality asset in one of Los Angeles' most sought-after rental submarkets....
Contact an agent
Home facts
- Year built:1928
- Listing ID #:26641949
- Added:202 day(s) ago
- Updated:August 13, 2026 at 08:41 AM
Rooms and interior
- Bedrooms:13
- Total bathrooms:10
- Living area:5,594 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:1928
- Building area:5,594 sq. ft.
- Lot area:0.2 Acres
Finances and disclosures
- Price:$2,995,000
- Price per sq. ft.:$535.4
Parking
- Total parking spaces:7
- Parking description:Assigned, Carport
New listings near 1639 Micheltorena Street
- New
$1,075,000Active4 beds 2 baths1,800 sq. ft.11904 Gager Street, Sylmar, CA 91342
MLS# GD26174915Listed by: JOHNHART REAL ESTATE - New
$649,000Active3 beds 3 baths1,478 sq. ft.9350 Via Monique, Burbank, CA 91504
MLS# OC26173314Listed by: COLDWELL BANKER REALTY - New
$1,599,000Active3 beds 4 baths3,034 sq. ft.4509 Jessica, Los Angeles, CA 90065
MLS# PW26174313Listed by: 1VISION REAL ESTATE - New
$499,000Active2 beds 2 baths1,143 sq. ft.378 Miraleste Dr Unit 431, San Pedro, CA 90732
MLS# SB26170634Listed by: THE REALESTATE GROUP - New
$1,250,000Active4 beds 2 baths2,381 sq. ft.2132 Alcyona, Los Angeles, CA 90068
MLS# SR26177156Listed by: RE/MAX GATEWAY - New
$1,175,000Active3 beds 2 baths1,476 sq. ft.7650 N Wilbur Avenue, Los Angeles, CA 91335
MLS# 26869363Listed by: ESTATEX INC. - New
$765,000Active-- beds -- baths1 sq. ft.10200 S Wilton Place S, Los Angeles, CA 90047
MLS# IN26177124Listed by: JENITA IGWEALOR - Coming Soon
$699,999Coming Soon4 beds 2 baths11241 De Haven Ave., Pacoima, CA 91331
MLS# SR26177126Listed by: PARK REGENCY REALTY - New
$1,250,000Active4 beds 2 baths2,381 sq. ft.2132 Alcyona, Los Angeles, CA 90068
MLS# SR26177156Listed by: RE/MAX GATEWAY - New
$375,000Active2 beds 2 baths915 sq. ft.10331 Lindley Avenue #132, Porter Ranch, CA 91326
MLS# 226003857Listed by: GRATUS HOMES & ESTATES