$1,495,000

1437 Lucile Avenue, Los Angeles, CA 90026

4 beds |
4 baths |
3,577 sqft

Multi-Family Home
Built in 1949
7,353sqft lot
—— car garage
$418/sqft
Listed 29 days ago

Property Description

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.

Listing Status:: Active
Date Added:: February 9, 2026
Data Last Updated:: March 10, 2026 at 10:20PM
Listing Office:: Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:: Taylor Avakian : 916-996-4421
MLS ID:: 26649029

A/C: None
Heating: Wall Furnace

Parking: DrivewayParking spaces: 6

General: 0

Originating MLS: CRMLS_CL
County: Los Angeles

Zoning: LARD25427014026

Source: CRMLS_CL

This listing courtesy of Taylor Avakian , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Micheltorena Elementary

1511 Micheltorena St, Los Angeles, CA, 90026

Grades KG-5

0.25 miles away

Thomas Starr King Middle School

4201 Fountain Ave, Los Angeles, CA, 90029

Grades 6-8

0.40 miles away

John Marshall High School

3939 Tracy St, Los Angeles, CA, 90027

Grades 9-12

1.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.