1572 Myra Ave | Los Angeles, CA 90027
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- LoopNet Team
1572 Myra Ave
Los Angeles, CA 90027
OPEN HOUSE: SATURDAY, JULY 19th 1-3PM · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Unheard-of 7.18% cap rate! Far above the sub-5.50% market norm for this area.
- Both 3-bed units rented at an outstanding $4,250 each, one ADUs is leased at $3,200 (other can be delivered vacant or rented, & garage rented at $500.
- Fully loaded with premium kitchen appliances, in-unit washers & dryers—totally turnkey!
- 75% LEASED! When fully occupied it will generate $15,100/month ($181,200 annually) in actual rental income.
- Every finish is top-tier—upscale cabinetry, massive windows, designer-selected tiles, & high-end vanities in every bathroom. A true DESIGNER property.
- Rooftop decks with stunning views of the Hollywood Sign & Griffith Observatory!
PROPERTY FACTS
| No. Units | 4 | Building Size | 2,247 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1925/2023 |
| Building Class | B | Parking Ratio | 0.45/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | LARD1 - restricted Density Multiple Dwelling | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 2,247 SF |
| Average Occupancy | 75% |
| No. Stories | 1 |
| Year Built/Renovated | 1925/2023 |
| Parking Ratio | 0.45/1,000 SF |
| Zoning | LARD1 - restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Yard
- Deck
- Lawn
- Patio
- Porch
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 2 | $4,250 | 876 - 882 |
| 1+1 | 2 | $3,050 | 332 |
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