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Compass
1437 Lucile Ave, Los Angeles, CA 90026
- $1,450,000
- 4
- BD
- 4
- BA
- 3,577
- SqFt
- Sold Price
- $1,450,000
- List Price
- $1,495,000
- Closing Date
- Apr 29, 2026
- MLS#
- 26649029
- Year Built
- 1949
- Bedrooms
- 4
- Bathrooms
- 4
- Living Sq. Ft
- 3,577
- Lot Size
- 7,353
- Days on Market
- 44
- Property Type
- Multifamily
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.
Additional Information
- Other Buildings
- Other
- Heat
- Wall
- Cooling
- None
- Number of Cars in Garage
- Driveway
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Courtesy of Lyon Stahl Investment Real Estate, Inc., Taylor Avakian - CA DRE#02060040 Selling Office: .
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