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1637-1639 1/2 Micheltorena St
Los Angeles, CA 90026 Silver Lake

$3,150,000 USD

Apartments For Sale • 5,594 SF

Property Details

Property Type Apartments
Total Building Size 5,594 SF
Lot Size 0.2 AC
Building Class C
Year Built 1928
Cap Rate 5.43 %
Zoning LAR2

52 Transit Score

89 Walk Score

                
                    Highlights
                
                                8-Unit Apartment Community in Prime Silver Lake, Offered at a Current 5.43% Cap Rate
                            
                                Exceptional Location Near Silver Lake Reservoir and Sunset Boulevard
                            
                                7 of 8 Units Fully Renovated or Newly Constructed in 2023, Two New-Construction Units NOT Subject to Rent Control
                            
                                7 On-Site Parking Spaces
                            
                                Modern Unit Interiors with High-End Finishes and In-Unit Laundry
                            
                                Major Systems Replaced: Electrical, Plumbing, Drain Lines, Windows, Doors

Financial Summary (Actual)

Net Operating Income: $171,157 USD (2025)

Cap Rate:	5.43 %
Total Expenses:	$80,088 USD

Amenities

24 Hour Access
Air Conditioning
Balcony
Controlled Access
Tenant Controlled HVAC
Heating
Kitchen
Oven
Walk-Up
Smoke Detector

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))	8 min	-	3.3 mi
	9 min	-	4.0 mi
Airport	Drive	Walk	Distance
Bob Hope	23 min	-	13.1 mi
Los Angeles International	32 min	-	21.5 mi
Long Beach (Daugherty Field)	38 min	-	26.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	5
Type:	Surface
Included in Rent:	Yes

Benjamin Hsiang 818-517-0845 Realty Investment Advisors

1637-1639 1/2 Micheltorena St Los Angeles, CA 90026 Silver Lake