3844 Evans Street
Los Angeles, CA 90027
Sold
3844 Evans Street
Los Angeles, CA 90027
Sold
** 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.,
PROPERTY INFORMATION
MLS # | 22172485 | Lot Size | 19,722 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 4,075,000
Price Per SqFt: $ 380 |
DOM | 1035 Days |
Address | 3844 Evans Street | Type | Residential Income |
City | Los Angeles | Sq.Ft. | 10,736 Sq. Ft. |
Postal Code | 90027 | Garage | 12 |
County | Los Angeles | Year Built | 1952 |
Bed / Bath | 18 / 0 | Parking | 12 |
Built In | 1952 | Status | Closed |
Sold Date | 2023-06-12 |
INTERIOR FEATURES
Has Appliances | Yes |
Kitchen Appliances | Refrigerator |
Has Heating | Yes |
Heating Information | Wall Furnace |
Has Cooling | No |
Cooling Information | None |
Flooring Information | Carpet, Wood |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $4,347
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
03/28/2023 | Pending | $4,075,000 |
02/16/2023 | Active Under Contract | $4,075,000 |
01/19/2023 | Relisted | $4,075,000 |
01/15/2023 | Relisted | $4,195,000 |
09/08/2022 | Price Change (Relisted) | $4,195,000 (-4.55%) |
08/02/2022 | Active Under Contract | $4,395,000 |
07/05/2022 | Listed | $4,395,000 |

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Listing provided courtesy of Horace Davenport, Keller Williams Larchmont. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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, 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.