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Map
$2,294,135*
●
Multifamily -
Off Market
1430 Micheltorena
Los Angeles, CA 90026
8 Beds
0 Bath
$2,025,000 - $2,473,000
Reference Base Price*
2.01%
Since Jun 1, 2023
CA-Los Angeles
Primary Model
About This Property
** 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).
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
-
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2023 | No longer available | - | |
| No longer available | |||
| Feb 24, 2023 | In contract | - | |
| In contract | |||
| Feb 2, 2023 | Price Decreased |
$2,249,000
↓ $1K
(0%)
|
|
| Price Decreased | |||
| Dec 2, 2022 | Listed | $2,250,000 | |
| Listed | |||
Property Highlights
Air Conditioning
With View
1430 Micheltorena
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
6
Beds
7
Baths
3,218 ft²
$745/ft²
$2,399,000
Jan 11, 2023
-
-
In Contract
House
4
Beds
4
Baths
2,096 ft²
$1,140/ft²
$2,388,888
Nov 18, 2022
-
-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
12/02/2022
|
|
8 Bed
|
-
|
-
|
$2,250,000
8 Bed
-
|
-
-
|
-
|
Andrew Wilkey
eXp Realty of California Inc
|
Building Info
About East LA
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