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    Lucile Ave Los Angeles, CA 90026

    New
    For Sale
    $3,598,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    5,611 SF
    Lot size:
    0.32 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for Lucile Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LARD2
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 7, Bathroom 4, Bathroom 6, Bathroom 5, Bedroom 8, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 9, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 7, Bedroom 1
    Bedrooms
    9
    Bathrooms
    7
    APN
    5427-012-002
    Parking features
    Garage
    Size
    5,611 SF
    Lot size
    0.32 Acres

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1942
    Floors in Building
    2
    Number of units
    7

    Rodeo Realty (310) 471-2600 [email protected]

    Listing agent Anita Chen (310) 566-4400 License #02195575

    Listing date Dec 3, 2025

    MLS# 25609315 Listing URL

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Silver Lake Income Property Portfolio

    This offering presents a rare opportunity to acquire two adjacent income properties located in the Silver Lake area of Los Angeles. The properties include a triplex at 967 Lucile Ave and a fourplex at 975 Lucile Ave. Situated atop a hill, the properties offer panoramic views of the Hollywood Hills. The side-by-side positioning of the two buildings is a key value driver, presenting an opportunity to increase cash flow and long-term value. Investors may explore upside through potential ADU additions, subject to verification, or consider combining the parcels for future development. The location provides access to dining options such as Bacari Silver Lake and 33 Taps, along with the recreational space of Bellevue Park. The property at 967 Lucile Ave contains 3 units, while the property at 975 Lucile Ave contains 4 units. Most units feature updated kitchens, bathrooms, and floors. The staircase and deck at 975 Lucile were repainted and restored in 2021. The combined properties have a total building size of 5611 square feet and are situated on a lot of 0.321 acres. The zoning is LARD2.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.282082
    Latitude
    34.087215

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    FAQs

    What type of property is this?
    Triplex - Two adjacent income properties with development potential in prime Silver Lake.
    Where is this triplex located?
    The property is located at Lucile Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $3,598,000.
    What are key features of this property?
    This property features: - Two adjacent income properties (triplex and fourplex) in prime Silver Lake location.; - Panoramic views of the Hollywood Hills.; - Significant potential to increase cash flow and long-term value.
    (310) 566-4400
    Request Owner's contact information
    Lucile Ave Los Angeles, CA 90026
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Lucile Ave Los Angeles, CA 90026
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