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1430 Micheltorena, Los Angeles, CA 90026
$2,200,000
1430 Micheltorena, Los Angeles, CA 90026View this property at 1430 Micheltorena, Los Angeles, CA 90026
1430 MicheltorenaLos AngelesCA90026
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Property Description
** 5 UNITS DELIVERED VACANT! ** 1430 Micheltorena Street is located in the rapidly growing Silverlake neighborhood of Los Angeles, and is adjacent to Sunset Boulevard dining, nightlife, and shopping. The offering consists of (8) 1 Bedroom / 1 Bathroom units within 4 detached Spanish Bungalows on a large 8,978 sqft corner lot. These units are in original condition and boast approximately 40% upside in rents! The property has a common courtyard area, is separately metered for gas + electricity, and has a detached 6-car garage. Plans included to add an additional 2 ADU units in the detached garages. Additionally, a Buyer has the potential to convert these rental units into "For Sale" product (TIC Conversion).
Full Property Details
Full Property Details for 1430 Micheltorena
General
- Sold For: $2,200,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 22-222467
- Added to Site: 532 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Additional Information
- Security/Safety: Gated
- Other Features: Other
Parking
- Garage: Yes
- Garage Spaces: 6
- Garage Description: Detached, Garage - 4+ Car, Air Conditioned Garage
Location
- Area: Silver Lake - Echo Park
- County: Los Angeles
- Driving Directions: 1 Block from Sunset Blvd, Corner of Hamilton/Micheltorena
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Other
Structural Information
- # Buildings: 4
- Architectural Style: Spanish
- Common Walls: Attached
- Stories/Levels: 1
- Square Feet: 4,200
- Sq. Ft. Source: Assessor
- Year Built: 1923
- Year Built Source: Assessor
Unit Information
- Units in Complex: 8
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Total Bathrooms: 1
- Bedrooms: 1
Unit 8
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: Other
Lot Features
- Property View: Hills
- Lot Size: 8978
- Lot Size Source: Assessor
- Zoning: RD1.5
Financial Considerations
- Price Per Sq. Ft.: $535.48
- Assessment Year: 1923
- Owner Pays: Water
- Tenant Pays: Gas, Electricity
Disclosures and Reports
- Disclosures/Reports: Other
- APN: UNAVAILABLE
Listed by eXp Realty of California Inc, Andrew Wilkey
Sold by Sotheby's International Realty, Ari Wintraub
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Schools
Schools serving 1430 Micheltorena
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1511 Micheltorena St, Los Angeles, CA 90026 | K-6 | 0 mi | |
4201 Fountain Ave, Los Angeles, CA 90029 | 6-8 | 0.7 mi | |
3939 Tracy St, Los Angeles, CA 90027 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1430 Micheltorena
Date
Details
Price
Change
Source
5/08/2023
Sold
$2,200,000
-2.18%
MLS
2/01/2023
Price Reduced
$2,249,000
-0.04%
MLS
12/02/2022
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1430 Micheltorena, Los Angeles, CA 90026 (MLS# 22-222467) is a Multi-Family property that was sold at $2,200,000 on May 08, 2023. Want to learn more about 1430 Micheltorena? Do you have questions about finding other Multi-Family real estate for sale in Silver Lake? You can browse all Silver Lake real estate or contact a Coldwell Banker agent to request more information.