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827 Lucile Ave, Los Angeles, CA 90026

List Price: $1,400,000On Market FlagOn market
Aug 21, 20233,672 sqft6 beds4 baths
Listed by: Jonathan Wright
License #: 01903026
Phone #: 323-244-9080
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: 23293463

Property Description

Don't miss this amazing OPPORTUNITY!! Must be seen! Great investment! Charming 4-unit property with great views on an oversized lot in the heart of Silver Lake. Cheerful landscaped native plant garden. Across the street from Bellevue Park. Rent vacant unit at market rates or live in one unit and rent the others! There are two apartments on each floor, each with its own entrance. Steps to Sunset Junction and Virgil Village shops and restaurants with Hollywood Hills, Griffith Park and DTLA views. Each unit is unique and has been lovingly maintained. Two 2 + 1. Two 1 + 1 that have extra room that could be used for an extra bedroom. Extensive Copper plumbing and electrical updates made in the 1980's. One of the top floor 2 bedroom apartments will be delivered vacant. It is freshly painted, carpeted and has new kitchen and bath flooring. Perfect for an owner's unit. Onsite parking for each unit and even guest parking! Nice common area backyard for gardening and socializing. Basement storage area as well! DO NOT DISTURB TENANTS!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$21,279

TurboHome Estimated Value

$1,409,300

$384 sqft

High Valuation
$1,479,765
$403/sqft
Normal Valuation
$1,409,300
$384/sqft
Low Valuation
$1,338,835
$365/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$384/sqft$1,409,300

Neighborhood: Silver Lake

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Comparative Value

$1.03M

$1.19M

$1.35M

$1.40M

$1.90M

128 N Alvarado St, Los Angeles, CA 90026

Sale Price: $1,035,000

Selected Comparable

1116 N Madison Ave, Los Angeles, CA 90029

Sale Price: $1,185,000

Selected Comparable

756 Hyperion Ave, Los Angeles, CA 90029

Sale Price: $1,350,000

Selected Comparable

827 Lucile Ave, Los Angeles, CA 90026

List Price: $1,400,000

Subject Property

4616 Kingswell Ave, Los Angeles, CA 90027

Sale Price: $1,436,500

Selected Comparable

656 Parkman Ave, Los Angeles, CA 90026

Sale Price: $1,904,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
827 Lucile Ave, Los Angeles, CA 90026

827 Lucile Ave, Los Angeles, CA 90026

List: $1,400,000

Listed: 8/21/2023

Area:3,672 sqft
Price/sqft:$381
Beds:6
Baths:4
Year Built:
Lot Size:7,500

Comparable Properties

COMPARABLE
Choose comps
1116 N Madison Ave, Los Angeles, CA 90029

1116 N Madison Ave, Los Angeles, CA 90029

Sale: $1,185,000

11/25/20240.58 mi

Area:3,268 sqft
Price/sqft:$363
Beds:6
Baths:4
Year Built:
Weight:22.2%
4616 Kingswell Ave, Los Angeles, CA 90027

4616 Kingswell Ave, Los Angeles, CA 90027

Sale: $1,436,500

7/25/20251.30 mi

Area:3,663 sqft
Price/sqft:$392
Beds:6
Baths:5
Year Built:
Weight:22.1%
756 Hyperion Ave, Los Angeles, CA 90029

756 Hyperion Ave, Los Angeles, CA 90029

Sale: $1,350,000

7/18/20250.05 mi

Area:3,570 sqft
Price/sqft:$378
Beds:7
Baths:5
Year Built:
Weight:19.9%
656 Parkman Ave, Los Angeles, CA 90026

656 Parkman Ave, Los Angeles, CA 90026

Sale: $1,904,000

6/3/20250.60 mi

Area:3,065 sqft
Price/sqft:$621
Beds:5
Baths:4
Year Built:
Weight:18.3%
128 N Alvarado St, Los Angeles, CA 90026

128 N Alvarado St, Los Angeles, CA 90026

Sale: $1,035,000

1/3/20251.43 mi

Area:3,080 sqft
Price/sqft:$336
Beds:6
Baths:5
Year Built:
Weight:17.5%

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