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1524 Myra Avenue
Los Angeles, CA 90027
Sold
Located on a quiet street, this 1920s Spanish Colonial Revival features four spacious and bright 2 BD / 1 BR units, spanning over two stories, measuring over 1,000 SqFt each, with a 350 SqFT Garage. Nestled between buzzing Sunset Junction and Hyperion Ave, the property pairs period details such as original windows and hardwood floors with modern amenities including in-unit washer/dryer (in 3/4 units), individually metered utilities and hot water heaters in every unit. Units share a similar layout with a separate light-filled sunroom/ dining room facing the street, primary bedroom with walk-in closets, second bedroom and kitchen towards the back and bathrooms with tub; upstairs units are accessed by private staircase and downstairs units are accessed by breezeway.The property currently yields a monthly income of $8,003; its projected rent is $11,300. One unit to be delivered vacant (1528 Myra Ave), two units are currently rented at market value and one below market value. 1524 Myra Ave (1,010 SqFt) has been recently updated, with new central heat/air, new soft panels, 50/50 galvanized/copper plumbing, an all modern kitchen, a functioning gas fireplace as well as a privatized breezeway. 1526 Myra Ave (1,051 SqFt) has original wiring, new copper piping and no heater. In good condition overall. 1528 Myra Ave (1,051 SqFt) has been carefully renovated and features new wiring, copper piping as well as updated bathroom and kitchen and a new furnace. 1530 Myra Ave (1,010 SqFt) has original wiring, galvanized piping, a wall furnace, and currently has no laundry connected but can be put in. The two car garage will be delivered vacant; potential to repurpose the space. Electrical fast charger currently assigned to vacant unit (1528 Myra Ave) but could be reassigned. Flat roof with Spanish tiles around. New electrical panel. This attractive building is in a highly desirable neighborhood and presents a wonderful investment opportunity for the savvy investor.
PROPERTY INFORMATION
| MLS # | 23250379 | Lot Size | 4,501 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,895,000
Price Per SqFt: $ 457 |
DOM | 783 Days |
| Address | 1524 Myra Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 4,144 Sq. Ft. |
| Postal Code | 90027 | Garage | 2 |
| County | Los Angeles | Year Built | 1922 |
| Bed / Bath | 8 / 0 | Parking | 2 |
| Built In | 1922 | Status | Closed |
| Sold Date | 2023-05-09 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | See Remarks |
| Has Appliances | Yes |
| Kitchen Appliances | Refrigerator, Gas Oven |
| Flooring Information | Wood, Tile |
| EntryLocation | Ground Level w/steps |
| Has Spa | No |
| SpaDescription | None |
| WindowFeatures | French/Mullioned |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
| Has Patio | No |
| Patio | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,021
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/09/2023 | Sold | $175,000,000 |
| 03/13/2023 | Listed | $1,895,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of George E Penner, Compass. 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.
