This is a rare opportunity to acquire two adjacent income properties in prime Silver Lake: a triplex at 967 Lucile Ave and a fourplex at 975 Lucile Ave.The properties sit atop the hill, boasting panoramic views of the Hollywood Hills. Their side-by-side positioning is the key value driver, offering an incredible opportunity to increase cash flow and long-term value. Investors can explore significant upside through ADU additions (subject to verification) or even combining the parcels for future development.The location is unbeatable, with trendy dining like Bacari Silver Lake and 33 Taps just minutes away, along with the recreational space of Bellevue Park. This combination of high-demand location and development potential makes this a must-see for any serious investor. There are 3 units at 967 Lucile and 4 units at 975 Lucile. Most units have updated kitchen, bathroom and floors. Staircase and deck at 975 Lucile were repainted and restored in 2021.
For sale
Price increase: $1.8M (10/22)
$3,598,000
Los Angeles, CA 90026
9beds
7baths
5,611sqft
Est.:
Multi Family
Built in 1942
-- sqft lot
$-- Zestimate®
$641/sqft
$-- HOA
What's special
Updated kitchen
- 54 days |
- 21 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: December 03, 2025 at 12:46pm
Listed by:
Anita Chen DRE # 02195575 310-574-2972,
Rodeo Realty - Pacific Palisades 310-566-4400
Source: CLAW,MLS#: 25609315
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
Heating
- Wall
Cooling
- Window Unit(s)
Appliances
- Laundry: Common Area
Interior area
- Total structure area: 5,611
- Total interior livable area: 5,611 sqft
Property
Parking
- Parking features: Garage Is Detached
- Has garage: Yes
Features
- Levels: One,Two
- Has view: Yes
- View description: City, Courtyard, Hills
Lot
- Size: 0.32 Acres
Details
- Additional structures: None
- Zoning: LARD2
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1942
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $641/sqft
- Date on market: 10/22/2025
Estimated market value
Not available
Estimated sales range
Not available
$4,491/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Price change | $3,598,000+105.7%$641/sqft |
Source: | ||
| 10/9/2025 | Price change | $1,749,000-5.4%$312/sqft |
Source: | ||
| 9/16/2025 | Listed for sale | $1,849,000+199.2%$330/sqft |
Source: | ||
| 3/3/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/19/2021 | Listed for rent | $2,395-14.5% |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,874 +1.3% | $791,754 +2% |
| 2024 | $9,752 +1.9% | $776,230 +2% |
| 2023 | $9,567 +4.8% | $761,011 +2% |
BuyAbility℠ payment
Est. payment
$22,364/mo
Principal & interest
$17627
Property taxes
$3478
Home insurance
$1259
Climate risks
Neighborhood: Silver Lake
Nearby schools
GreatSchools rating
- 8/10Micheltorena Street Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Thomas Starr King Middle SchoolGrades: 6-8Distance: 0.6 mi
- 8/10John Marshall Senior High SchoolGrades: 9-12Distance: 1.5 mi
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