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$1,933,030*
●
Multifamily -
Off Market
1524 Myra Ave
Los Angeles, CA 90027
8 Beds
0 Bath
$1,706,000 - $2,084,000
Reference Base Price*
2.01%
Since Jun 1, 2023
CA-Los Angeles
Primary Model
About This Property
Located on a quiet street, this 1920s Spanish Colonial Revival
features four spacious and bright 2 BD / 1 BR units, spanning over
two stories, measuring over 1,000 SqFt each, with a 350 SqFT
Garage. Nestled between buzzing Sunset Junction and Hyperion Ave,
the property pairs period details such as original windows and
hardwood floors with modern amenities including in-unit
washer/dryer (in 3/4 units), individually metered utilities and hot
water heaters in every unit. Units share a similar layout with a
separate light-filled sunroom/ dining room facing the street,
primary bedroom with walk-in closets, second bedroom and kitchen
towards the back and bathrooms with tub; upstairs units are
accessed by private staircase and downstairs units are accessed by
breezeway.The property currently yields a monthly income of $8,003;
its projected rent is $11,300. One unit to be delivered vacant
(1528 Myra Ave), two units are currently rented at market value and
one below market value. 1524 Myra Ave (1,010 SqFt) has been
recently updated, with new central heat/air, new soft panels, 50/50
galvanized/copper plumbing, an all modern kitchen, a functioning
gas fireplace as well as a privatized breezeway. 1526 Myra Ave
(1,051 SqFt) has original wiring, new copper piping and no heater.
In good condition overall. 1528 Myra Ave (1,051 SqFt) has been
carefully renovated and features new wiring, copper piping as well
as updated bathroom and kitchen and a new furnace. 1530 Myra Ave
(1,010 SqFt) has original wiring, galvanized piping, a wall
furnace, and currently has no laundry connected but can be put in.
The two car garage will be delivered vacant; potential to repurpose
the space. Electrical fast charger currently assigned to vacant
unit (1528 Myra Ave) but could be reassigned. Flat roof with
Spanish tiles around. New electrical panel. This attractive
building is in a highly desirable neighborhood and presents a
wonderful investment opportunity for the savvy investor.
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1922
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 10, 2023 | No longer available | - | |
No longer available | |||
May 9, 2023 | Sold | $1,750,000 | |
Sold | |||
Mar 31, 2023 | In contract | - | |
In contract | |||
Mar 13, 2023 | Listed | $1,895,000 | |
Listed |
Property Highlights
With View
Exterior Details
Exterior Information
Stucco
Wood Siding
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
House
3
Beds
2
Baths
1,516 ft²
$1,187/ft²
$1,799,900
Mar 9, 2023
-
-
Active
House
3
Beds
3.5
Baths
2,247 ft²
$834/ft²
$1,875,000
May 4, 2023
-
$247/mo
In Contract
House
3
Beds
3.5
Baths
2,175 ft²
$828/ft²
$1,800,000
Apr 12, 2023
-
$247/mo
Active
House
3
Beds
3.5
Baths
2,175 ft²
$805/ft²
$1,750,000
May 4, 2023
-
$247/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
About Central LA
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