1633 MICHELTORENA ST

LOS ANGELES, CA, 90026

$4,305,000

$539 per ft²
$4,305,000
$539 per ft²
Sold
Sold
beds
17 Beds
baths
16 Baths
carpenters-square
7,984 ft²
property_type
Multi-family
calendar
Built 1965
We are pleased to present an eight (8) unit apartment building located at 1633 Micheltorena Street in Los Angeles, California. The subject property is situated in the best location in Silver Lake, north of Sunset Boulevard and west of Silver Lake Boulevard. Built in 1965, this property contains an incredible unit mix of seven (7) two bedroom / two bathroom units and one (1) three bedroom / two bathroom unit. The building has been meticulously updated with four (4) units extensively renovated, a new retaining wall, and a completed soft story retrofit. Select units feature recessed lighting, mini-split A/C systems, engineered hardwood flooring, brand new in-unit copper plumbing, brand new in-unit electrical, and brand new appliances. With plenty of parking available for tenants, they can truly enjoy all that prime Los Angeles living has to offer. With the commercial corridor on Sunset Boulevard just down the street, residents will enjoy trendy world class amenities such as Kreation Organics, Bacari Silverlake + Bar, Ramen Tastunoya, The Dr. Martens Store, Alfred Coffee, and many more. Outdoor recreation is available less than a mile away at Silverlake the Recreation Center. Right across the street, 1624 Micheltorena Street is currently renting three bedroom apartments for $10,450, and two bedroom apartments for $7,950 showing the strength of the immediate neighborhood and realistic rental upside. Situated in the best location in Silver Lake, this offering shows proven upside with four (4) recently remodeled and rented units with huge remaining upside for any investor to capitalize on.
MLS® ID:
22-144797
Listed:
4/7/22
Updated:
8/10/22

Interior Features

Kitchen Appliances
Built-Ins, Oven, Range
Kitchen Features
Marble Counters, Remodeled, Counter Top
Total Bedrooms
17
Total Bathrooms
16
Interior Features
Built-Ins, Common Walls, Laundry - Closet Stacked
Laundry Description
In Unit
Floor Description
Wood
Cooling
Air Conditioning
Heating
Wall

Exterior/Building Features

Lot Size
8,576 ft² lot
Lot Details
Curbs, Lawn, Back Yard, Single Lot, Sidewalks

Other Property Details

Garage
No
Parking
Driveway, Built-In Storage, Attached, Covered Parking
Parking Total
8.0
View
Y
County
Los Angeles
Pool
No
Pool Description
None
Total Stories
3
Zoning
LAR2

Property History

Date
Event
Price
Value
7/8/22
Sold
-
-
7/8/22
Price Change
$4,305,000
100%
4/15/22
Active Under Contract
-
-
Contact