Ravi Sharma Purchases 4-Unit Multifamily Property in Silver Lake, Los Angeles From Franklin Solis For $1.45M

The asset involved in this transaction is a multifamily property located at 1437 Lucile Avenue in Los Angeles. The sale price for this 4-unit apartment building was $1,450,000. The property was built in 1949 and encompasses a total square footage of 3,577, with a price per unit of $362,500 and a price per square foot of $405. The building is situated on a 7,500 square foot lot.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,450,000
• Buyer: Ravi Sharma
• Seller: Franklin Solis
• Brokers: Taylor Avakian & Freddie Gershinson - Lyon Stahl Investment Real Estate
• Units: 4
• Lot Size: 7,500 SF
• Sale Date: 04/29/2026

The transaction saw interest generated quickly, resulting in 15 tours and 5 offers. It was finalized as a cash, non-contingent deal within 21 days. The brokers involved, Taylor Avakian and Freddie Gershinson from Lyon Stahl, represented both the buyer and the seller in this transaction.