Overview
- 4
- 4
- 3577
- 1949
Description
1437 Lucile Ave | 4-Unit + 5th Non-Conforming Unit Multifamily Investment in Silver Lake. 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. One unit is currently vacant, providing immediate lease-up opportunity, while the remaining units offer below-market in-place rents with clear mark-to-market upside. Offered at $1,495,000 ($373,750/unit | $417.95/SF) with a 4.70% 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.
Address
Open on Google Maps- Address Lucile
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90026
Details
Updated on February 17, 2026 at 6:08 pm- Property ID: HZ26649029
- Price: $1,495,000
- Property Size: 3577 Sq Ft
- Bedrooms: 4
- Bathrooms: 4
- Year Built: 1949
- Property Status: ResidentialIncome
- Listed by: Taylor Avakian
- DRE #: 02060040
- Contact Mail: taylor@lyonstahl.com
- Brokered by: Lyon Stahl Investment Real Estate, Inc.
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