Offering

The Offering

The LAAA Team of Marcus & Millichap presents 4603 La Mirada Avenue and 1255 Lyman Place, two adjacent Los Feliz properties offered together as a nine-unit collection. Priced at $4,450,000, the offering delivers a 5.28% current cap rate across 5,082 gross square feet on 0.30 acres. Both buildings were designed by Dean Levin, pairing Mid-Century Craftsman character with modern functionality. Units may be delivered furnished or unfurnished and feature in-unit washer and dryer, air conditioning, hardwood and tile flooring, plaster and tile bathrooms, and fully equipped kitchens with premium appliances.

1. 01

   Two-property portfolio: a three-unit building at 4603 La Mirada Avenue and a six-unit building at 1255 Lyman Place, offered together

2. 02

   Architect-designed by Dean Levin, pairing Mid-Century Craftsman character with modern design and material depth

3. 03

   Flexible furnished strategy, with units deliverable furnished or unfurnished and furnishings removable on request

4. 04

   Boutique, low-density asset: nine units across two adjacent parcels totaling 0.30 acres

5. 05

   Luxury interior finishes including plaster and tile bathrooms, hardwood and tile flooring, contemporary kitchens, and premium appliances

6. 06

   In-unit washer and dryer plus air conditioning standard in every residence

7. 07

   Gated, smoke-free community with controlled access, private yard space, and a quiet residential setting

8. 08

   Walkable Los Feliz location within reach of Erewhon Silver Lake, Saffy's, and Sunset Junction