1180 Myra Ave - Multi-Family FOR SALE


Los Angeles, CA 90029- Silver Lake
$1,695,000 USD
310-403-9145
1180 Myra Ave, Los Angeles, CA for Sale
$1,695,000 USD
Multi-Family - FOR SALE
1/16
null | 4.24% Cap Rate

1180 Myra Ave
Los Angeles, CA 90029
Silver Lake


HIGHLIGHTS

  • Prime Silver Lake location
  • Expansive 8,870 SF lot with potential to add up to 5 units/ADUs (buyer to verify)
  • Major recent repairs completed, including roof and plumbing
  • Strong existing asset with future development potential
  • Ideally located near Sunset Junction, popular dining, shopping, and major Eastside attractions

OVERVIEW

The Stiegler Takahashi Group is pleased to present 1180 Myra Ave, Los Angeles, CA 90029, a rare investment opportunity in a prime Silver Lake location. Situated on an expansive 8,870-square-foot lot, the property offers potential to add up to five additional units through a combination of new construction and ADUs (buyer to verify), creating exceptional value-add and long-term upside. Major recent improvements, including roof and plumbing repairs, enhance the property’s existing strength while positioning it for future growth. Ideally located near Sunset Junction and surrounded by Silver Lake’s renowned dining, shopping, and Eastside attractions, this asset combines strong in-place appeal with outstanding development potential.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$511 USD /SF

# OF UNITS

4

PRICE/UNIT

$423,750

CAP RATE

4.24%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Silver Lake - Value Add - ADU

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,870 SF

ZONING

LARD1.5

APN/PARCEL ID

5429-009-009

ASK ABOUT THIS PROPERTY

Stephen TakahashiLyon Stahl Investment Real Estate, Inc.More Info
310-403-9145

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Stephen TakahashiLyon Stahl Investment Real Estate, Inc.More Info
310-403-9145

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.