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