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.
Sold for $1,450,000
$1,450,000
1437 Lucile Ave, Los Angeles, CA 90026
4beds
4baths
3,577sqft
Multi Family
Built in 1949
-- sqft lot
$1,453,700 Zestimate®
$405/sqft
$2,403 Estimated rent
Home value
$1,453,700
$1.32M - $1.60M
$2,403/mo
Zestimate® history
Owner options
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$2,403/mo
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$2,403/mo
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$9,456/mo
Est. payment
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$9,456/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Taylor Avakian DRE # 02060040 916-996-4421,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838,
Freddie Gershinson DRE # 02254744,
Lyon Stahl Investment Real Estate, Inc.
Bought with:
Subscriber Non, DRE # 13252
Non-Participant Office
Source: CLAW,MLS#: 26649029
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall
Cooling
- None
Interior area
- Total structure area: 3,577
- Total interior livable area: 3,577 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
Lot
- Size: 7,352 Square Feet
- Dimensions: 50 x 147
Details
- Additional structures: Other
- Parcel number: 5427014026
- Zoning: LARD2
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1949
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $405/sqft
- Tax assessed value: $505,010
- Annual tax amount: $6,671
- Date on market: 2/17/2026
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Sold | $1,450,000-3%$405/sqft |
Source:  CLAW #26649029 Report a problem | ||
| 4/24/2026 | Pending sale | $1,495,000$418/sqft |
Source: CLAW #26649029 Report a problem | ||
| 4/2/2026 | Contingent | $1,495,000$418/sqft |
Source: CLAW #26649029 Report a problem | ||
| 2/17/2026 | Listed for sale | $1,495,000$418/sqft |
Source: CLAW #26649029 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,671 +1.9% | $505,010 +2% |
| 2024 | $6,546 +1.8% | $495,109 +2% |
| 2023 | $6,428 +4.6% | $485,402 +2% |
| 2022 | $6,144 +1.5% | $475,885 +2% |
| 2021 | $6,054 -0.9% | $466,555 +1% |
| 2020 | $6,108 | $461,772 +2% |
| 2019 | $6,108 +6.1% | $452,719 +2% |
| 2018 | $5,755 | $443,843 +2% |
| 2017 | $5,755 +2.1% | $435,141 +2% |
| 2016 | $5,634 +2.9% | $426,609 +1.5% |
| 2015 | $5,474 +0.6% | $420,202 +2% |
| 2014 | $5,441 | $411,972 +2.5% |
| 2012 | -- | $402,072 +2% |
| 2011 | -- | $394,189 +0.8% |
| 2010 | -- | $391,244 -0.2% |
| 2009 | -- | $392,174 +2% |
| 2008 | -- | $384,485 +2% |
| 2007 | -- | $376,947 +2% |
| 2006 | -- | $369,557 |
| 2005 | -- | $369,557 +4% |
| 2004 | -- | $355,208 +1.9% |
| 2003 | -- | $348,698 +30.1% |
| 2002 | -- | $268,000 |
| 2000 | -- | $268,000 |
Find assessor info on the county website
Neighborhood: Silver Lake
Nearby homes
- $1,144,1001 bd1 ba650 sqft1437 Lucile Ave APT 3, Los Angeles, CA 90026Off Market
- $1,331,1004 bd2 ba2.2k sqft1443 Lucile Ave, Los Angeles, CA 90026Off Market
- $1,919,1004 bd4 ba4.5k sqft1431 Lucile Ave, Los Angeles, CA 90026Off Market
- $1,297,0003 bd2 ba1.6k sqft1447 Lucile Ave, Los Angeles, CA 90026Off Market
- $1,077,2002 bd1 ba912 sqft1427 Lucile Ave, Los Angeles, CA 90026Off Market
- $1,269,8001 bd1 ba750 sqft1034 Hyperion Ave, Los Angeles, CA 90029Off Market
- $1,691,2007 bd6 ba4k sqft1423 Lucile Ave, Los Angeles, CA 90026Off Market
- $--3 bd1 ba1.4k sqft1034 Hyperion Ave #1036-1/2, Los Angeles, CA 90029Off Market
Nearby schools
GreatSchools rating
- 8/10Micheltorena Street Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Thomas Starr King Middle SchoolGrades: 6-8Distance: 0.4 mi
- 8/10John Marshall Senior High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$1,453,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,453,700
- California
- Los Angeles County
- Los Angeles
- 90026
- Silver Lake
- 1437 Lucile Ave
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