3844 EVANS ST

LOS ANGELES, CA, 90027

$4,195,000

$390 per ft²
$4,195,000
$390 per ft²
Active
Active
 - For Sale
beds
18 Beds
baths
12 Baths
carpenters-square
10,736 ft²
property_type
Multi-family
calendar
Built 1952
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 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 income right now 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. Property will be delivered with 2 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. A rare offering. Call agent with any questions.
MLS® ID:
22-172485
Listed:
7/4/22
Updated:
12/1/22

Interior Features

Total Bedrooms
18
Total Bathrooms
12
Floor Description
Carpet, Hardwood, Linoleum, Ceramic Tile, Other
Cooling
None
Heating
Wall

Exterior/Building Features

Lot Size
0.45 acres lot
Exterior Features
Shed(s)
Architectural Style
Traditional

Other Property Details

Garage
Yes
Garage Spaces
12
Parking
Detached, Garage Is Detached, Door Opener
Parking Total
12.0
View
Y
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LAR2

Property History

Date
Event
Price
Value
11/16/22
Active
-
-
9/21/22
Active Under Contract
-
-
9/8/22
Active
-
-
9/8/22
Price Change
$4,195,000
-4%

Courtesy of Keller Williams Larchmont, Horace Davenport,
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 OMNI Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/1/22

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