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$1,495,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • Updated 2 days ago
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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 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.

Full Property Details for 1437 Lucile Ave

General

  • Price: $1,495,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26649029
  • Updated: 2/17/2026
  • Added to Site: 11 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Other Features: Other

Parking

  • Garage Description: Driveway

Location

  • Area: Silver Lake - Echo Park
  • County: Los Angeles
  • Driving Directions: On Lucile Ave near corner of Sunset Blvd

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Stories/Levels: 0
  • Square Feet: 3,577
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1949
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 4
  • Unit Type: 2106

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: Other

Lot Features

  • Lot Size (Acres): 0.1688
  • Lot Size: 7353
  • Lot Size Source: Vendor Enhanced
  • Lot Dimensions: 50 x 147
  • Zoning: LARD2

Financial Considerations

  • Price Per Sq. Ft.: $417.95
  • Assessment Year: 1949

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 5427-014-026

Listed by Lyon Stahl Investment Real Estate, Inc., Taylor Avakian and Lyon Stahl Investment Real Estate, Inc., Freddie Gershinson

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Listing agents

— 1437 Lucile Ave —

  • Taylor Avakian

    Lyon Stahl Investment Real Estate, Inc.

  • Freddie Gershinson

    Lyon Stahl Investment Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1437 Lucile Ave

School District:Los Angeles Unified School District
NameGradesDistance
Micheltorena Street Elementary School
1511 Micheltorena Street, Los Angeles, CA 90026
K-50.3 mi
Thomas Starr King Middle School
4201 Fountain Avenue, Los Angeles, CA 90029
6-80.4 mi
John Marshall Senior High School
3939 Tracy Street, Los Angeles, CA 90027
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1437 Lucile Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/09/2026
Listed
$1,495,000
433.93%
MLS
12/28/1990
Sold
$280,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1437 Lucile Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,671
4%
$505,010
4%
2023
$6,428
5%
$485,402
2%
2022
$6,144
1%
$475,885
2%
2021
$6,054
-1%
$466,555
1%
2020
$6,108
4%
$461,772
2%
2019
$5,882
2%
$452,719
2%
2018
$5,755
2%
$443,843
2%
2017
$5,634
3%
$435,141
2%
2016
$5,474
1%
$426,609
2%
2015
$5,398
-1%
$420,202
2%
2014
$5,441
—
$411,972
—
2013
$5,441
—
$410,112
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Lyon Stahl Investment Real Estate, Inc., Taylor Avakian and Lyon Stahl Investment Real Estate, Inc., Freddie Gershinson

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1437 Lucile Ave, Los Angeles, CA 90026 (MLS# 26649029) is a Multi-Family property with units containing 4 bedrooms and 0 full bathrooms. 1437 Lucile Ave is currently listed for $1,495,000 and was received on February 09, 2026. Want to learn more about 1437 Lucile Ave? 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.

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