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$4,131,575*
●
Multifamily -
Off Market
3844 EVANS ST
LOS ANGELES, CA 90027
18 Beds
0 Bath
$3,668,000 - $4,482,000
Reference Base Price*
1.39%
Since Jul 1, 2023
CA-Los Angeles
Primary Model
About This Property
** New Price, (...and new vacancy coming 03/01/23!!)** Sited
on a sprawling lot of nearly half an acre, this 12 unit gem is
being offered for sale for the first time in almost 50 years!
Verdant, truly "park-like" grounds and stunning views of the Santa
Monica and San Gabriel mountains make tenancy here a highly
desirable "get" in what is already a super high demand rental area
of the city. Enviably located with a Los Feliz zip code, but just 1
block from Silverlake. 2 blocks to the 10 acre "secret" park at the
Rowena Reservoir. Walking distance to Gelsons, Trader Joes and all
of the great restaurants along Hyperion. Easy access to major
freeways including the 5, 110, 101 and the 2, puts Pasadena,
Downtown LA and all of the Valley in easy reach. 6-2 /1's and
6-1/1's. Built in 1952, all of the units are graciously
proportioned and in addition to the front door, even include a
separate service entrance at the kitchen. It's true, "they don't
make them like they used to." Though the current income is
compelling in itself, significant upside potential awaits as units
become vacant. The enormous 20,000 square foot lot begs diligent
exploration of lucrative development opportunities or a reimagined
"housing community". A $1.8M loan is in place and assumable at 4.1%
interest through November of 2024. Owner will hold all vacancies
and property will now be delivered with 3 vacant units! Completely
fenced and gated for security and privacy. Permitted copper
re-pipe. On site laundry. 6 - 2 car garages in 2 separate
structures (including one built with a steel I-beam supporting the
roof which is noted on the architectural plans for the building as
a "deck". By no means your standard income property listing.
Truly a rare offering. Call agent with any questions.
Unit Size
-
Days on Market
-
Land Size
0.45 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1952
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 14, 2023 | No longer available | - | |
No longer available | |||
Jun 12, 2023 | Sold | $2,125,000 | |
Sold | |||
Feb 17, 2023 | In contract | - | |
In contract | |||
Jan 20, 2023 | Price Decreased |
$4,075,000
↓ $120K
(2.9%)
|
|
Price Decreased | |||
Jan 20, 2023 | Relisted | $4,195,000 | |
Relisted |
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Property Highlights
Garage
Parking Details
Garage - Detached
Open
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/05/2022
|
|
18 Bed
|
-
|
-
|
$4,395,000
18 Bed
-
|
-
-
|
-
|
Horace Davenport
Keller Williams Larchmont
|