Sold

3844 EVANS Street

Los Angeles CA, 90027

$3,750,000


$349.29 per sqft

Sold

18 Beds

12 Baths

10,736 sqft

Residential

Built in 1952

Listed by Horace Davenport with Keller Williams Larchmont 323-762-2600

** 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.,

22172485

MLS ID

July 5, 2022

Listed

March 23, 2024

Updated

Map

3844 EVANS Street
Los Angeles CA, 90027

Interior Features

Total Stories

2


Bedrooms

18 Beds


Bathrooms

12 Baths


Appliances

Refrigerator


Floor Description

Carpet, Wood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.45 Acres


Architectual Style

Traditional

Other Property Details

Area Name

637 - Los Feliz


Days on Market

191


Garage

Yes


Garage Spaces

12


Parking

Garage, Garage Door Opener


Parking Total

12


View

Yes


View Description

City Lights, Hills, Mountain(s)


County

Los Angeles


Pool

No


Zoning

LAR2


Buyer Agency Compensation

2.25%

Listing Contact: 323-762-2600 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:31 AM UTC

 

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