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.
Property Details
Price:
$1,495,000
MLS #:
26649029
Status:
Pending
Beds:
4
Baths:
4
Type:
Single Family
Neighborhood:
c21silverlakeechopark
Listed Date:
Apr 24, 2026
Finished Sq Ft:
3,577
Total Sq Ft:
3,577
Lot Size:
7,353 sqft / 0.17 acres (approx)
Year Built:
1949
See this Listing
Schools
Interior
Cooling
NO
Heating
WL
Levels
S
Exterior
Parking Spots
6
Parking Total
6
Financial
Map
Community
- Address1437 Lucile AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90026
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of May 11, 2026
10,169
Single Family Listed
95
Avg DOM
495
Avg $ / SqFt
$1,532,585
Avg List Price
Property Summary
- 1437 Lucile AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90026. It is listed for $1,495,000 and features 4 beds, 4 baths, and has approximately 3,577 square feet of living space, and was originally constructed in 1949. The current price per square foot is $418. The average price per square foot for Single Family listings in Los Angeles is $495. The average listing price for Single Family in Los Angeles is $1,532,585.
Similar Listings Nearby
Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1437 Lucile AV
Los Angeles, CA