1572 Myra Avenue
Los Angeles, CA 90027
- 8 beds
- – baths
- 2,247 sqft
- 5,913 sqft lot
- $889 per sqft
- 1925 build
- – on site
1572 Myra Ave is an exceptional investment opportunity in Los Feliz. With market cap rates hovering around 5.50% or lower, this fully renovated, 100% leased fourplex offers an unprecedented 6.77% REAL cap rate, making it one of the strongest cash-flowing deals in the area. Generating $15,100 per month ($181,200 annually) in actual rental income, this is a true turnkey investment with minimal owner expenses thanks to separately metered electricity, gas and water submeters. This fully updated Spanish-style fourplex blends 1920s charm with modern upgrades, featuring two 3-bedroom, 1-bath units (each rented at $4,250) and two sleek 1-bedroom, 1-bath + loft + roofdeck ADUs (leased for $3,200 and $2,900, respectively). Additionally, the garage is leased for $500 per month, adding even more income. The high-end finishes, large private outdoor spaces, and premium design elements have attracted strong, stable tenants, ensuring immediate and long-term returns. Located on a peaceful residential street just moments from Sunset Junction, the property offers prime access to Los Feliz’s most popular hotspots, including All Time, Maru Coffee, Little Dom’s, and The Dresden. Whether grabbing a bite at Bacari Silverlake, sipping cocktails at The Alcove & Big Bar, or enjoying the nightlife at Th
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 2, 2025
•
MLS# CRBB25058208 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:1925
-
Building Area Units:Square Feet
-
Other Equipment:Other
-
Building Area Total:2247
Room Dimensions
-
Living Area:2247
-
Living Area Units:Square Feet
Location
-
Directions:Steps from Sunset Junction—take Fountain to Bate
The Property
-
Property Type:Residential Income
-
Property Subtype:Quadruplex
-
Exterior Features:Back Yard
-
Parcel Number:5430019023
-
Zoning:LARD
-
Lot Features:Back Yard
-
Lot Size Area:0.14
-
Lot Size Acres:0.14
-
Lot Size SqFt:5913
-
Lot Size Units:Acres
-
View:City Lights
-
View:true
Listing Agent
- Contact info:
- No listing contact info available
Beds
-
Bedrooms Total:8
The Listing
-
Listing Terms:Submit
-
Virtual Tour URL Branded:https://www.myunits.com/buy/1572myra
Heating & Cooling
-
Heating:Central
-
Heating:true
-
Cooling:Central Air
-
Cooling:true
Appliances
-
Laundry Features:Dryer
The Community
-
Association:false
Parking
-
Garage:false
-
Attached Garage:false
-
Carport:false
-
Parking Total:1
-
Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/31/25
Mar 31, 2025
|
Listed / Active | BRIDGE | $1,999,000 | |
|
1/19/24
Jan 19, 2024
|
Sold | BRIDGE | ||
|
1/15/24
Jan 15, 2024
|
Listed / Active | BRIDGE |
