$10,000

closing credit¹

1570 Myra Ave Los Angeles, CA 90027

$2,249,000
8 beds
4 baths
1,998 sqft
0.1 acres
$1,126 / sqft
House

Property details

About 1570 Myra Ave

Tucked away in the desirable Los Feliz neighborhood, this immaculate 4-unit property at 1570 Myra Ave. is brimming with pride of ownership! With the original Spanish-style duplex built in the 1920s fully renovated, and the two Shipping Container Accessory Dwelling Units finished in 2023, this property features strong tenants and short-term-rental income. Set on a comfortable, beautifully landscaped corner lot, the property saw extensive renovations in 2023, creating a modern vibe that perfectly complements the area. The unit-mix includes two stylish 3 bedroom, 1 bath, along with two 207 SF, 1 bedroom, 1 bath ADUs, plus loft and Deck areas, all thoughtfully designed with high-end finishes, in-unit laundry, large windows and a great attention to detail. Each unit boasts large private patios, with the ADUs also having decks above the living area. The original Duplex is rented at $4,250 per unit, while the ADUs, not being subject to RSO, are commanding lucrative short-term rentsor rent long-term to simplify thingsor move-in, with no need to relocate tenants. The garage is rented separately at $500 per month. Purchase the property to move in and obtain beneficial residential financing! Or rely on the solid CAP and the potential for strong appreciation! Located within walking distance to Los Feliz's and Silver Lake's best restaurants, bars, and shops, 1570 Myra Ave. delivers a blend of urban convenience and residential tranquility perfect for the young professionals as well as growing families! The property is individually metered for gas and electric and features water sub-meters, ready for tenants to cover all utilities. Situated on a quiet street near Sunset Junction, the property offers a serene yet accessible lifestyle. The ADUs, constructed from eco-friendly Shipping Containers, are tailored for the modern, artistic tenant common in Los Feliz and the rest of the Eastside. With the design that brings the outside in, by way of large and bright windows and generous outdoor space, including with access by spiral staircases to the roof decks, these residences don't tend to stay vacant for long. With its central location and captivating design, this property is a sound investment with steady appreciation potential in the thriving LA real estate market.

Highlights

Home typeOther
StatusActive
Size1,998 sqft
Lot size0.1358 Acres
Year built1925
ParkingDoor-Multi, Garage
MLS #24466996

Summary

  • MLS Number: 24466996
  • MLS Name: CRMLS
  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Dario Svidler

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,249,000

1570 Myra Ave

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 26, 2021
Home Sold
$1,050,000
Nov 18, 1993
Home Sold
$145,000
Mar 08, 1988
Home Sold
$180,000

Tax history

YearAssessmentProperty Tax
2024$1,092,420$13,368
2023$1,071,000$13,108
2022$1,050,000$12,494
2021$227,653$2,837
2020$225,320$2,753
2019$220,903$2,690
2018$216,573$2,585
2017$212,328$2,585

History based on county public records data.

Nearby schools

7

Franklin Avenue Elementary

Public District KG-5

0.5 mi

1910 N Commonwealth Ave

7

Los Feliz STEMM Magnet School

Public Magnet KG-6

0.7 mi

1740 N New Hampshire Ave

7

Micheltorena Elementary

Public District KG-5

0.8 mi

1511 Micheltorena St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,297. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

40%
<35k
42%
35k-100k
15%
100k-200k
3%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

61%
Single, No Kids
7%
Single, with Kids
18%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
4%
12-17 yrs old
33%
18-34 yrs old
45%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1570 Myra Ave

This home is located at 1570 Myra Ave in Los Angeles, CA and zip code 90027 in the Central LA neighborhood. This 1,998 square foot home, which was built in 1925, sits on a 0.14 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $2,249,000.

Los Angeles, CA housing market in December 2024 saw over 524 listings sold above listed price, more than 203 sold at listed price and over 740 sold below. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. While the average time on the market in December 2024 was 41 days, the median list price was $1,026,634.

From Rocket Homes Real Estate and based on county public records data.

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