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1639 Micheltorena Street

Los Angeles, CA 90026
Mark as Favorite
Bed 13

Bed

Bath 0

Bath

SqFt5,594

Sqft

SqFt8,640

Sqft(Lot)

We are pleased to present 1637-1639 Micheltorena Street, an 8-unit apartment community located in the heart of prime Silver Lake, one of Los Angeles' most sought-after rental submarkets. The property has undergone a comprehensive redevelopment, with 7 of the 8 units either fully gut-renovated or newly constructed in 2023, offering a largely new asset with modern systems and future upside. The unit mix is spread across three separate buildings. The front building consists of five units (four 1-bed/1-bath units and one 2-bed/1-bath unit). The rear of the property features a freestanding 3-bed/2-bath home with central heat/AC along with a 2023-constructed duplex comprised of a 3-bed/2-bath unit and a 1-bed/1-bath unit. The two new-construction units are not subject to rent control, providing operational flexibility and long-term income upside. Renovated units feature luxury vinyl plank flooring, quartz countertops, custom cabinetry, stainless steel appliances, designer tile, in-unit washer/dryers, and upgraded heat/AC systems. Major capital improvements include new electrical, plumbing, drain lines, windows, and doors, significantly reducing near-term cap-ex exposure. Two of the three buildings also feature new roofs, and all structures were refreshed with smooth stucco exteriors. The exterior was redesigned with drought-tolerant landscaping, a newly poured driveway, and 7 on-site parking spaces. Located just steps from the Silver Lake Reservoir, Micheltorena Street is one of the neighborhood's most iconic and desirable addresses. Residents enjoy immediate access to some of Silver Lake's most acclaimed dining, shopping, and lifestyle amenities, as well as everyday conveniences all within moments of the property. Offered at a current 6.20% cap rate, this is a rare opportunity to acquire a largely new, high-quality asset in one of Los Angeles' most sought-after rental submarkets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,995,000

AD Id : 74468855

MLS Id : 26641949

Beds : 13

Lot Size : 8,640 Sqft

Living Area Size : 5,594

Year Built : 1928

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 13

    Bathroom Information

    Total Baths: 10
  • Heating & Cooling

    Has Heating: Yes Heating: Central

  • Building Information

    Year Built: 1928
    Building Area Total: 5594
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 8640 Lot Size Acres: 0.1983 Lot Size Source: Assessor Lot Size Square Feet: 8,640

  • Listing Price Information

    Listing Price: $2995000
    Original Price: $3150000

  • Tax Information

    Parcel Number: 5429026006

  • Location Information

    Direction: North of Sunset Blvd
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1547 Cerro Gordo Street, Los Angeles, CA, 90026 $1,545,000 3 2 1,600 7,512 Sqft
2168 Princeton Avenue, Los Angeles, CA, 90026 $3,299,000 3 2 2,509 6,386 Sqft
2168 Princeton, Los Angeles, CA, 90026 $3,299,000 3 2 2,509 6,386 Sqft
1915 Park Avenue, Los Angeles, CA, 90026 $18,000,000 40 40 37,830 8,320 Sqft
1627 Fargo Street, Los Angeles, CA, 90026 $699,000 2 1 832 4,435 Sqft
2140 Lemoyne Street, Los Angeles, CA, 90026 $2,350,000 3 2 -- 7,505 Sqft
2017 Vestal Avenue, Los Angeles, CA, 90026 $1,599,900 9 5 4,592 7,466 Sqft
1804 Echo Park Avenue, Los Angeles, CA, 90026 $1,300,000 5 3 2,319 5,357 Sqft
1458 Sutherland Street, Los Angeles, CA, 90026 $2,490,000 6 4 3,187 22,577 Sqft
1303 Lilac Terrace, Los Angeles, CA, 90026 $4,300,000 11 9 -- 21,718 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/12/2026 @ 18:57

MLS: 26641949 LISTED BY: Benjamin J. Hsiang, Realty Investment Advisors, Inc. SOURCE: CRMLS

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