3824 Evans St new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90027
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,435 sqft
Price per Sqft $370
MLS Listing ID 25-476329
Style Mid-Century
Bedrooms 17
Year Built 1964
Lot Size 9,861 Sqft
Acres 0.2264
Property Description
3824 Evans Street is a 9-unit apartment building located on a large lot that is just under 10,000 square feet. It has been owned by the same family for more than 50 years. This is the first time it has been on the market and available for sale in all that time. The units are extremely spacious. The building has an excellent unit mix of 1 - 1+1, 2 - 2+1.5, 4 - 2+1.75 & 2 - 2+1.75 TH. The Town House units have their own individual back yards. This building has had copper plumbing installed and the Los Angeles City mandated soft-story earthquake retrofit work completed. Additionally, the CA state mandated balcony work (SB 721) has been done. (Seller states all) The rent roll demonstrates the incredible rental upside potential, and, with the recent defeat of Proposition 33, investors are allowed to realize market rents upon units becoming vacant. These are very large apartments (building square footage is 9,435) and are much more livable than the average 1960's era building. The location is very desirable in eclectic Los Feliz! Located just west of Hyperion Avenue and south of Griffith Park Boulevard, the area is ground zero for hipsters, tech workers, artists and independent thinkers. Incredibly desirable and walkable neighborhood with restaurants, bars, cafes, theaters, specialty markets (Trader Joes & Gelson's). This area has a vibe that is palpable and is attractive to both young and mature alike! It is just a short drive from central Hollywood, DTLA and the communities of Glendale, Burbank and Pasadena just beyond. This location is surrounded by a multitude of employers in a wide array of industries making it an exceptionally sought after place to reside. As a result, renters outnumber owners in the area by a wide margin. The housing imbalance that exists in Southern California & Los Angeles in particular make this investment attractive in the short and long term. Please do not disturb tenants or walk on the property. OM is located in the document section on the MLS profile page. Please call listing agent for more information.
Location
State CA
County Los Angeles
Area Los Feliz
Zoning LAR2-1XL
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Flooring Linoleum, Wood, Carpet
Fireplaces Type None
Equipment Garbage Disposal
Laundry Room
Exterior
Parking Features Carport Attached
Garage Spaces 8.0
Pool None
View Y/N Yes
View Hills, Mountains
Roof Type Composition, Flat, Rolled/Hot Mop
Building
Story 2
Sewer In Street
Water District
Architectural Style Mid-Century
Level or Stories Multi/Split
Structure Type Stucco
Others
Special Listing Condition Standard