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1430 Micheltorena

Los Angeles, CA 90026

– beds
– baths
– sqft
8,978 sqft lot
1923 build
– on site

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** 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).

Listed By CRMLS_CA / Andrew Wilkey / eXp Realty of California Inc

Last checked: Checking… • Last updated Jun 19, 2023 •

MLS# 22222467 —

The Building

Year Built:

1923
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

4200.00
Total Number Of Units:

8
# of Buildings:

4
Architectural Style:

Spanish
Stories Total:

1

Location

Directions:

1 Block from Sunset Blvd, Corner of Hamilton/Micheltorena
Latitude:

34.08819800
Longitude:

-118.27503800

The Property

Property Type:

Residential Income
Zoning:

RD1.5
Lot Size Area:

8978.0000
Lot Size Acres:

0.2061
Lot Size SqFt:

8978.00
Lot Size Source:

Assessor
View:

1
View:

Hills
Security Features:

Gated Community

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

UNAVAILABLE

The Community

Association:

No
Senior Community:

No

Parking

Parking Spaces:

8.00
Garage Spaces:

6.00
Uncovered Spaces:

2.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/8/23 May 8, 2023	Sold	CRMLS_CA	$2,200,000	-2.2%
2/22/23 Feb 22, 2023	Sold Subject To Contingencies	CRMLS_CA	$2,249,000
1/31/23 Jan 31, 2023	Price Changed	CRMLS_CA	$2,249,000	-0.0%

Multifamily Sold on 5/8/2023

$2,200,000

Listing provided by broker:

Andrew Wilkey

eXp Realty of California Inc

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Listing Courtesy of: CRMLS_CA and eXp Realty of California Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 22:44 on Jul 17.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

1430 Micheltorena

Los Angeles, CA 90026