CA > Los Angeles
Los Angeles, CA 90027,1572 Myra AVE
Los Angeles, CA 90027,1572 Myra AVE
Los Angeles, CA 90027,1572 Myra AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
23
Aug
Sun
24
Aug
Mon
25
Aug
Joel Martinez

Joel Martinez

+1(831) 230-0059
Listed by Lauren Cearley • Myunits.com Inc.
$1,900,000
Est. payment /mo
5,913 Sqft Lot
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID CRBB25058208

Style Contemporary

Year Built 1925

Lot Size 5,913 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

1572 Myra Ave is an exceptional investment opportunity in Los Feliz. With market cap rates hovering around 5.50% or lower, this fully renovated, 75% leased fourplex offers an unprecedented 7.18% REAL cap rate, making it one of the strongest cash-flowing deals in the area. Generating a projected $15,100 per month ($181,200 annually) in rental income, this is a true turnkey investment with minimal owner expenses thanks to separately metered electricity, gas and water submeters. This fully updated Spanish-style fourplex blends 1920s charm with modern upgrades, featuring two 3-bedroom, 1-bath units (each rented at $4,250) and two sleek 1-bedroom, 1-bath + loft + roofdeck ADUs (one leased for $3,200 and the other vacant). Additionally, the garage is leased for $500 per month, adding even more income. The high-end finishes, large private outdoor spaces, and premium design elements have attracted strong, stable tenants, ensuring immediate and long-term returns. Located on a peaceful residential street just moments from Sunset Junction, the property offers prime access to Los Feliz's most popular hotspots, including All Time, Maru Coffee, Little Dom's, and The Dresden. Whether grabbing a bite at Bacari Silverlake, sipping cocktails at The Alcove & Big Bar, or enjoying the nightlife

Location

State CA

County Los Angeles

Area 637 - Los Feliz

Rooms

Kitchen Dishwasher, Microwave, Oven Range - Gas, Refrigerator, Oven - Electric

Interior

Heating Central Forced Air

Cooling Central AC

Laundry Washer, Dryer

Exterior

Parking Features Garage

Garage Spaces 1.0

Pool 31, None

View Local/Neighborhood, City Lights

Building

Story One Story

Water Hot Water, District - Public

Architectural Style Contemporary

Others

Tax ID 5430019023

Special Listing Condition Not Applicable , Accepting Backups

Read Less Info
MLS Listing IDX PLUS
© 2025 MLSListings Inc. All rights reserved.

GET MORE INFORMATION

agent

Joel Martinez

+1(831) 230-0059

Property Connection Specialist | License ID: 02338033

Property Connection Specialist License ID: 02338033

Name

Phone*

Message

I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Joel Martinez, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.