1437 Lucile Avenue, Los Angeles, CA 90026
Local realty services provided by:CENTURY 21 Fort Bragg Realty
1437 Lucile Avenue,Los Angeles, CA 90026
$1,495,000
- 4 Beds
- 4 Baths
- 3,577 sq. ft.
- Multi-family
- Pending
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:66 day(s) ago
- Updated:April 25, 2026 at 07:32 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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