931 Everett St - Apartments FOR SALE


Los Angeles, CA 90026- Echo Park
$1,975,000 USD
818-448-4415
931 Everett St, Los Angeles, CA for Sale
$1,975,000 USD
Apartments - FOR SALE
1/11
null | 6.39% Cap Rate

931 Everett St
Los Angeles, CA 90026
Echo Park


HIGHLIGHTS

  • Great Echo Park Location
  • Five Units Spread Across Two Separate Structures - Fourplex in the Front and Three-Bedroom Unit in the Rear
  • Fully Renovated Asset - New Electrical and Plumbing, Hardwood Floors, and Upgraded Foundation
  • Beautiful Craftsman Interiors with High-End Finishes
  • Large Units Including Pull-Out Bed in Dining Area, Washer and Dryer, and Central HVAC
  • Incredible Unit Mix - Four (4) One-Bedroom Units and One (1) Standalone Three-Bedroom Home with a Private Basement for an Office or Storage

OVERVIEW

Marcus and Millichap is pleased to present a five (5) unit apartment building located at 931 Everett St in Los Angeles, California. The subject property is located in a great Echo Park location, just off of Sunset Blvd along Everett St. Located in a prime Echo Park setting, the property features a desirable unit mix of four one-bedroom units in the front fourplex and one standalone three-bedroom home with a basement that can be used as an office or storage. Interiors showcase classic craftsman character with high-end finishes, complemented by hardwood floors, central HVAC, and in-unit washers and dryers. Recent upgrades include new electrical and plumbing systems, as well as a reinforced foundation. Units are spacious, with select layouts offering flexible dining areas with pull-out beds. In addition, the property is separately metered for gas and electricity. Ideally positioned with dominant access to Sunset Blvd, Echo Park Ave, and Temple St, the asset also offers immediate connectivity to the 101 and 110 Freeways. Surrounded by major developments, retail, dining, and Echo Park Lake, the location provides strong long-term investment appeal. For OM, please visit: https://www.lamultifamilydeals.com/properties/931-everett-st Overall, the combination of recent upgrades and timeless craftsmanship, paired with a great Echo Park location and close proximity to vibrant dining, retail, and outdoor amenities, positions the property as a compelling and well-rounded investment opportunity.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$404 USD /SF

# OF UNITS

5

PRICE/UNIT

$395,000

CAP RATE

6.39%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1917

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,791 SF

ZONING

R3

APN/PARCEL ID

5406-016-008

ASK ABOUT THIS PROPERTY

Jason TuviaMarcus & MillichapMore Info
818-448-4415

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Jason TuviaMarcus & MillichapMore Info
818-448-4415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.