Sold

3844 EVANS ST

LOS ANGELES CA, 90027

$3,750,000


$349.29 per sqft

Sold

18 Beds

12 Baths

10,736 sqft

Multi-family

Built in 1952

** 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.,

22-172485

MLS ID

July 5, 2022

Listed

September 20, 2023

Updated

Map

3844 EVANS ST
LOS ANGELES CA, 90027

Interior Features

Total Stories

2


Bedrooms

18 Beds


Bathrooms

12 Baths


Floor Description

Carpet, Hardwood, Linoleum, Ceramic Tile, Other


Fireplace

No


Cooling

Yes


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.45 acres


Exterior Features

Shed(s)


Architectual Style

Traditional

Other Property Details

Days on Market

191


Garage

Yes


Garage Spaces

12


Parking

Detached, Garage Is Detached, Door Opener


Parking Total

12


View

Yes


View Description

Hills, City Lights, Mountains


County

Los Angeles


Pool

No


Zoning

LAR2

Courtesy of Horace Davenport with Keller Williams Larchmont
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Canyonhaus shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/20/2023

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