1639 Micheltorena Street, Los Angeles, CA 90026
Local realty services provided by:CENTURY 21 Lois Lauer Realty
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:232 day(s) ago
- Updated:September 12, 2026 at 08:11 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
- Coming Soon
$921,000Coming Soon4 beds 2 baths1,372 sq. ft.22847 W Enadia Way, West Hills, CA 91307
MLS# 226004368Listed by: RE/MAX ONE - Coming Soon
$575,000Coming Soon2 beds 1 baths590 sq. ft.9017 S Budlong, Los Angeles, CA 90044
MLS# IN26194209Listed by: KENNETH STEPHENS, BROKER - Coming Soon
$2,575,000Coming Soon5 beds 3 baths3,793 sq. ft.3013 Bagley, Los Angeles, CA 90034
MLS# PW26200074Listed by: REAL ESTATE SOURCE, INC. - Coming Soon
$1,499,000Coming Soon2 beds 2 baths1,205 sq. ft.7508 Rosewood Avenue, Los Angeles, CA 90036
MLS# 26987535Listed by: FORWARD ONE - Coming Soon
$418,000Coming Soon3 beds 2 baths1,890 sq. ft.15455 Glenoaks Boulevard #315, Sylmar, CA 91342
MLS# SR26200040Listed by: HOMESMART EVERGREEN REALTY - Coming Soon
$899,999Coming Soon3 beds 2 baths1,552 sq. ft.1827 W 76th, Los Angeles, CA 90047
MLS# PW26200016Listed by: ZENITH HOMES & MORTGAGE - Coming Soon
$779,999Coming Soon5 beds 3 baths1,685 sq. ft.626 E 138th, Los Angeles, CA 90059
MLS# SB26199595Listed by: INFINITY REALTY & LOANS - Coming Soon
$8,288,000Coming Soon0.29 Acres250 Trino Way, Los Angeles, CA 90272
MLS# 26986907Listed by: HIGHLAND PREMIERE REAL ESTATE - Coming Soon
$1,167,500Coming Soon5 beds 3 baths2,352 sq. ft.18036 Horace, Los Angeles, CA 91344
MLS# GD26197565Listed by: TRINITY REAL ESTATE & INVESTME - Coming Soon
$2,195,000Coming Soon5 beds 6 baths3,611 sq. ft.20225 Allentown Drive, Woodland Hills, CA 91364
MLS# SR26199834Listed by: EXP REALTY OF GREATER LOS ANGELES, INC.