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1180 Myra Ave
Los Angeles, CA 90029 Silver Lake

$1,695,000 USD

Multifamily For Sale • 3,316 SF

Property Details

Property Type Multifamily
Total Building Size 3,316 SF
Lot Size 0.2 AC
Year Built 1923
Cap Rate 4.24 %
Zoning LARD1.5

70 Transit Score

80 Walk Score

                
                    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

Property Flyers

1180 Myra Ave LA OM (3)

Financial Summary (Actual)

Net Operating Income: $71,856 USD (2025)

Cap Rate:	4.24 %
Total Expenses:	$36,454 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	6 min	-	3.0 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	8 min	-	4.2 mi
Transit/Subway	Drive	Walk	Distance
Vermont/Sunset Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	14 min	0.7 mi
Vermont/Santa Monica Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Bob Hope	20 min	-	13.3 mi
Los Angeles International	29 min	-	16.6 mi
Long Beach (Daugherty Field)	37 min	-	26.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Stephen Takahashi 310-403-9145 Lyon Stahl Investment Real Estate, Inc.

1180 Myra Ave Los Angeles, CA 90029 Silver Lake