3827 Evans Street

    Los Angeles (City), CA 90027
    • $3,269,000
    • STATUS: Active
    • ON SITE: 79 days
    • MLS #: 19504258
    UPDATED: 13 min ago
    $3,269,000
    • 16
      BEDS
    • 0.19
      ACRES
    • 16
      BATHS
    • 0
      1/2 BATHS
    • 8,225
      SQFT
    • $397
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    We are pleased to present this 8 Unit apartment building, located at 3827 Evans St, in Los Feliz. The property was built in 1966, consists of 2 stories and features on-site parking for 9 vehicles. The property consists of an amazing unit mix of (8) Two-Bedroom/Two-Bathroom units - All units are 1,000+ SF! The building presents an opportunity for an investor to reposition this asset to yield a ~ 7.8% Cap Rate (with rents at market) and to further benefit from continuously rising rents in this Hipster Haven! Local hot spots include The Fix Burger, Magpies Softserve, The Morrison, Hyperion Public and more! Contact us for an offering memorandum.

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    Based on information from CARETS as of 2019-11-15T17:50:51.347. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. 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.

    Licensed in the State of California, USA.
    www.desertarealuxuryhomes.com/homes/98384483

    3827 Evans Street Los Angeles (City), CA 90027

    • Price: $3,269,000
    • Status: Active
    • Updated: 13 min ago
    • MLS #: 19504258
    16
    Beds
    16
    Baths
    0
    ½ Baths
    0.19
    Acres
    8,225
    SQFT
    $397
    $/SQFT
    1966
    Built
    Neighborhood:
    Los Feliz (C22)
    County:
    Los Angeles
    Area:
    Los Feliz (C22)
    Property Description
    We are pleased to present this 8 Unit apartment building, located at 3827 Evans St, in Los Feliz. The property was built in 1966, consists of 2 stories and features on-site parking for 9 vehicles. The property consists of an amazing unit mix of (8) Two-Bedroom/Two-Bathroom units - All units are 1,000+ SF! The building presents an opportunity for an investor to reposition this asset to yield a ~ 7.8% Cap Rate (with rents at market) and to further benefit from continuously rising rents in this Hipster Haven! Local hot spots include The Fix Burger, Magpies Softserve, The Morrison, Hyperion Public and more! Contact us for an offering memorandum.
    Exterior Features

    Parking Spaces Total 9 Parking Type Other

    Interior Features

    Cooling Type Other Heating Type Other Interior Features Other Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Unfurnished Unit Furnished08 Unfurnished Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 2.0 Unit Number Of Bath02 2.0 Unit Number Of Bath03 2.0 Unit Number Of Bath04 2.0 Unit Number Of Bath05 2.0 Unit Number Of Bath06 2.0 Unit Number Of Bath07 2.0 Unit Number Of Bath08 2.0 Unit Number Of Bed01 2 Unit Number Of Bed02 2 Unit Number Of Bed03 2 Unit Number Of Bed04 2 Unit Number Of Bed05 2 Unit Number Of Bed06 2 Unit Number Of Bed07 2 Unit Number Of Bed08 2

    Property Features

    Adjusted Gross Income 192466.00 Assessed Improvement Value 394956.00 Assessed Land Value 167731.00 Cap Rate 3.94 Country United States Of America Expense Total Annual 63774.00 Gross Operating Income 192466.00 Gross Rent Multiplier 17.00 Hoa YN N Legal Disclosures Other Lot Size Source Other Net Operating Income 128692.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Other Unit Monthly Rent01 2181.47 Unit Monthly Rent02 2360.25 Unit Monthly Rent03 2074.32 Unit Monthly Rent04 1858.44 Unit Monthly Rent05 2104.69 Unit Monthly Rent06 1439.58 Unit Monthly Rent07 2413.81 Unit Monthly Rent08 1439.58 Unit Projected Total Monthly Rent01 3350.00 Unit Projected Total Monthly Rent02 3350.00 Unit Projected Total Monthly Rent03 3350.00 Unit Projected Total Monthly Rent04 3350.00 Unit Projected Total Monthly Rent05 3350.00 Unit Projected Total Monthly Rent06 3350.00 Unit Projected Total Monthly Rent07 3350.00 Unit Projected Total Monthly Rent08 3350.00 Unit Total Monthly Rent01 2181.47 Unit Total Monthly Rent02 2360.25 Unit Total Monthly Rent03 2074.32 Unit Total Monthly Rent04 1858.44 Unit Total Monthly Rent05 2104.69 Unit Total Monthly Rent06 1439.58 Unit Total Monthly Rent07 2413.81 Unit Total Monthly Rent08 1439.58 Unit Type01 1 Unit Type02 2 Unit Type03 3 Unit Type04 4 Unit Type05 5 Units Total In Complex 8 Zoning Lar2

    Listing provided courtesy of Elijah Korobkin DRE#02068521 of Central Realty Advisors Inc.


    Based on information from CARETS as of 2019-11-15T17:50:51.347. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. 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.

    Licensed in the State of California, USA.
     
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    74199 El Paseo, Suite 200
    Palm Desert CA, 92260