$2,995,000
-$155,0001639 Micheltorena Street, Los Angeles CA 90026
Multi-Family (8 Units)
Property type
134 days
On market
$535
Price per sqft
N/A
Garage
1928
Year built
8,640 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Benjamin J. Hsiang DRE #01438644 424-377-6001, Realty Investment Advisors, Inc., Alexander Metaxas DRE #01784652 626-313-4901, Realty Investment Advisors, Inc.
Listing updated: Mar 25, 2026 at 02:02am.
Last checked: Jun 5, 2026 at 01:30am
Source: CRMLS #26641949
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 3 | 2 | — | $3,775 | $7,550 | $8,000 | Unfurnished |
| 1 | 2 | 1 | — | $858 | $858 | $3,200 | Unfurnished |
| 5 | 1 | 1 | — | $2,635 | $13,177 | $13,900 | Unfurnished |
# of Buildings: 3
# of Units Total: 8
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
11.6x
List Price / Annual Gross Rent
Cap Rate
6.2%
NOI / List Price
Vacancy Allowance Rate: 3%
Net Operating Income: $185,579
Interior
Heating: Central
Exterior
Stories Total: 2
Levels: Multi Split
Pool: None
Spa: None
Garage and Parking
Parking: Assigned, Carport
Uncovered Spaces: 5
Parking Total: 7
Lot Information
Land Lease: No
Parcel #: 5429026006
Additional Parcels: No
Zoning: LAR2
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1639 Micheltorena Street, Los Angeles, CA 90026. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,396,000
Total Interest
$3,055,966
Total Payment
$5,451,966
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$18,414
per month
Property History for 1639 Micheltorena Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90026.
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