975 Lucile Ave Los Angeles, CA 90026
Estimated payment $11,019/month
Highlights
- City View
- Garage
- 5-minute walk to Bellevue Park Recreation Center
- John Marshall Senior High Rated A
About This Home
This fourplex at 975 Lucile Avenue is a premium income property situated in a prime Silver Lake location.Perched flat on top of the hill, the property delivers highly desirable views, including a panoramic vista of the Hollywood Hills. Tenants benefit from being minutes away from trendy dining spots like Bacari Silver Lake and 33 Taps, with Bellevue Park and Recreation Center conveniently nearby.The key to this incredible investment is the adjacent property (967 Lucile), which is also available for sale. Acquiring both parcels unlocks significant potential for growth. An investor can explore immediate upside by adding ADUs (subject to verification) or pursuing a combined future development strategy. This dual acquisition creates the strongest path to substantially increase cash flow and long-term value.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 7,373 Sq Ft Lot
Parking
- Garage
Property Views
- City
- Hills
- Courtyard
Home Design
- Quadruplex
Interior Spaces
- 3,034 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number 5427-012-001
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
Map
Home Values in the Area
Average Home Value in this Area
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 | $15,514 | $1,273,850 | $986,307 | $287,543 |
| 2024 | $15,514 | $1,248,873 | $966,968 | $281,905 |
| 2023 | $15,217 | $1,224,386 | $948,008 | $276,378 |
| 2022 | $14,515 | $1,200,379 | $929,420 | $270,959 |
| 2021 | $14,332 | $1,176,844 | $911,197 | $265,647 |
| 2019 | $13,906 | $1,141,940 | $884,171 | $257,769 |
| 2018 | $13,800 | $1,119,550 | $866,835 | $252,715 |
| 2016 | $13,186 | $1,076,078 | $833,176 | $242,902 |
| 2015 | $11,804 | $960,000 | $743,300 | $216,700 |
| 2014 | $12,090 | $960,000 | $743,300 | $216,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2025 10/09/25 | Price Changed | $1,849,000 | -5.0% | $609 / Sq Ft |
| 09/16/2025 09/16/25 | For Sale | $1,947,000 | -- | $642 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Fidelity National Title Oran | |
| Grant Deed | $935,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | $381,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $731,250 | New Conventional | |
| Previous Owner | $93,500 | Credit Line Revolving | |
| Previous Owner | $330,700 | Seller Take Back |
Source: The MLS
MLS Number: 25591875
APN: 5427-012-001
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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