$1,695,000
1180 Myra Avenue, Los Angeles CA 90029
Multi-Family (Fourplex)
Property type
29 days
On market
$511
Price per sqft
4 cars
Garage
1923
Year built
8,870 sqft
Lot size
Open Houses
Overview
We are pleased to present 1180 Myra Ave, Los Angeles, CA 90029, a rare investment opportunity in a prime Silver Lake location. Situated on an expansive 8,870-square-foot lot, the property offers potential to add up to five additional units through a combination of new construction and ADUs (buyer to verify), creating exceptional value-add and long-term upside. Major recent...
Listing provided by: Stephen Takahashi DRE #01944770 310-403-9145, Lyon Stahl Investment Real Estate, Inc., John Stiegler II DRE #01981597, Lyon Stahl Investment Real Estate, Inc.
Listing updated: May 21, 2026 at 01:36pm.
Last checked: Jun 13, 2026 at 07:30pm
Source: CRMLS #SB26108253
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $2,405 | — | $3,100 | — |
| 1 | 2 | 1 | 1 | $1,950 | — | $3,100 | — |
| 1 | 1 | 1 | 1 | $2,300 | — | $2,500 | — |
| 1 | 1 | 1 | 1 | $2,150 | — | $2,500 | — |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 4
Total Actual Rent: $111,660
Financial Snapshot
Gross Rent Multiplier
15.2x
List Price / Annual Gross Rent
Cap Rate
4.24%
NOI / List Price
Gross Scheduled Income: $111,660
Vacancy Allowance: $3,350
Vacancy Allowance Rate: 3%
Operating Expense: $36,454
Net Operating Income: $71,856
Annual Operating Expenses
Electric: $0
Gardener: $1,200
Fuel: $0
Insurance: $6,000
Trash: $1,500
Water / Sewer: $6,000
Interior
Laundry: None
Entry Location: Lower And Upper
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 4
Uncovered Spaces: 4
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5429009009
Additional Parcels: No
Tax Lot: 33
Community
Senior Community: No
Community Features: Curbs