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.
3824 Evans is a Residential Income property located in Los Angeles, California, featuring a 0.226 acre lot, 9,435 sqft, 17 bedrooms, MLS #25476329.
Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.
Data last modified: 2025-05-02 23:47:13