See Home Value
$1,933,030*
Multifamily - Off Market

1524 Myra Ave

Los Angeles, CA 90027
bedrooms
8 Beds
bathrooms
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
5 Beds
-
-
$1,899,000 Jul 10, 2023
-
-
Multifamily
12 Beds
-
-
$2,150,000 Jan 24, 2023
-
-
House
3 Beds
2 Baths
1,516 ft²
$1,187/ft²
$1,799,900 Mar 9, 2023
-
-
In Contract
House
3 Beds
2 Baths
1,600 ft²
$1,118/ft²
$1,789,000 Jun 13, 2023
-
-
House
3 Beds
3.5 Baths
2,247 ft²
$834/ft²
$1,875,000 May 4, 2023
-
$247/mo
House
3 Beds
3.5 Baths
2,175 ft²
$828/ft²
$1,800,000 Apr 12, 2023
-
$247/mo
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

1524 Myra Avenue 1524 Myra Avenue, Los Angeles, CA 90027
  • 1 Unit for Sale
More about this Building
1524 Myra Avenue
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About Central LA


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