$1,400,000
$150K PRICE DROP

827 Lucile Ave Los Angeles, CA 90026

Estimated payment $7,500/month

Total Views 48,299
6 Beds
4 Baths
3,672 Sq Ft
$381 Price per Sq Ft

Highlights

  • City View
  • Guest Parking
  • 1-minute walk to Bellevue Park Recreation Center
  • John Marshall Senior High Rated A
  • East Facing Home

About This Home

Don't miss this amazing OPPORTUNITY!! Must be seen! Great investment! Charming 4-unit property with great views on an oversized lot in the heart of Silver Lake. Cheerful landscaped native plant garden. Across the street from Bellevue Park. Rent vacant unit at market rates or live in one unit and rent the others! There are two apartments on each floor, each with its own entrance. Steps to Sunset Junction and Virgil Village shops and restaurants with Hollywood Hills, Griffith Park and DTLA views. Each unit is unique and has been lovingly maintained. Two 2 + 1. Two 1 + 1 that have extra room that could be used for an extra bedroom. Extensive Copper plumbing and electrical updates made in the 1980's. One of the top floor 2 bedroom apartments will be delivered vacant. It is freshly painted, carpeted and has new kitchen and bath flooring. Perfect for an owner's unit. Onsite parking for each unit and even guest parking! Nice common area backyard for gardening and socializing. Basement storage area as well! DO NOT DISTURB TENANTS!

Listing Agent

Jonathan Wright

Coldwell Banker Realty License #01903026 Listed on: 09/15/2024

Coldwell Banker Realty

Co-Listing Agent

Cindy Gunadi

Coldwell Banker Realty License #01210891

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 7,500 Sq Ft Lot
  • East Facing Home

Interior Spaces

  • 3,672 Sq Ft Home
  • 2-Story Property
  • City Views
  • Oven or Range
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Shared Driveway
  • Guest Parking
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5427-011-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3672
  • Lot Acreage: 0.1722
  • Probate: No
  • Stories: 2
  • Year Built: 1903
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 381.26

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: Shared Driveway, Uncovered, Driveway, Parking Space, Parking for Guests - Onsite
  • Total Parking: 5

Utilities

  • Heating: Wall Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 67.05
  • Assessed Improvement Value: 56809
  • Assessed Land Percent: 32.95
  • Assessed Land Value: 27922
  • Total Assessed Value: 84731
  • Assessor Parcel Number: 5427-011-010
  • Lot Size Area: 7500

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 32.56
  • Number Of Units: 4
  • Type Of Units: apartments

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,634 $89,914 $29,629 $60,285
2024 $1,634 $88,152 $29,049 $59,103
2023 $1,613 $86,425 $28,480 $57,945
2022 $1,556 $84,731 $27,922 $56,809
2021 $1,517 $83,071 $27,375 $55,696
2019 $1,482 $80,609 $26,564 $54,045
2018 $1,399 $79,030 $26,044 $52,986
2016 $1,301 $75,964 $25,034 $50,930
2015 $1,288 $74,823 $24,658 $50,165
2014 $1,320 $73,358 $24,175 $49,183
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2024 11/12/24 Price Changed $1,400,000 -9.7% $381 / Sq Ft
09/16/2024 09/16/24 For Sale $1,550,000 0.0% $422 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $1,550,000 0.0% $422 / Sq Ft
01/14/2024 01/14/24 Off Market $1,550,000 -- --
01/10/2024 01/10/24 Price Changed $1,550,000 +6.9% $422 / Sq Ft
12/15/2023 12/15/23 For Sale $1,450,000 0.0% $395 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
10/27/2023 10/27/23 Price Changed $1,450,000 -6.5% $395 / Sq Ft
08/21/2023 08/21/23 For Sale $1,550,000 -- $422 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 23-293463

The MLS

APN: 5427-011-010