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1430 Micheltorena

Los Angeles, CA 90026

$2,200,000 Sale Price
Est. Payment: $ 0/mo
8
Bed
0
Bath
4,200 Sq. Ft.
$535 / Sq. Ft.
Sold

1430 Micheltorena

Los Angeles, CA 90026

Sold
$2,200,000 Sale Price
$0/mo
8
Bed
0
Bath
4,200
Sq. Ft.
** 5 UNITS DELIVERED VACANT! ** 1430 Micheltorena Street is located in the rapidly growing Silverlake neighborhood of Los Angeles, and is adjacent to Sunset Boulevard dining, nightlife, and shopping. The offering consists of (8) 1 Bedroom / 1 Bathroom units within 4 detached Spanish Bungalows on a large 8,978 sqft corner lot. These units are in original condition and boast approximately 40% upside in rents! The property has a common courtyard area, is separately metered for gas + electricity, and has a detached 6-car garage. Plans included to add an additional 2 ADU units in the detached garages. Additionally, a Buyer has the potential to convert these rental units into "For Sale" product (TIC Conversion).
PROPERTY INFORMATION
MLS # 22222467 Lot Size 8,978 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 2,249,000
Price Per SqFt: $ 535
DOM 885 Days
Address 1430 Micheltorena Type Residential Income
City Los Angeles Sq.Ft. 4,200 Sq. Ft.
Postal Code 90026 Garage 6
County Los Angeles Year Built 1923
Bed / Bath 8 / 0 Parking 8
Built In 1923 Status Closed
Sold Date 2023-05-08
INTERIOR FEATURES
SecuritySafety Gated Community
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $2,399
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
05/08/2023 Sold $2,200,000
02/22/2023 Active Under Contract $2,249,000
12/02/2022 Listed $2,250,000
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Listing provided courtesy of Andrew Wilkey, eXp Realty of California Inc. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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