991 Everett, Los Angeles, CA 90026
991 Everett, Los Angeles, CA 90026
991 Everett, Los Angeles, CA 90026
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$1,600,000
Est. payment /mo
8,694 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26102711

HOA Y/N No

Year Built 1986

Lot Size 8,694 Sqft

Property Sub-Type Multi Family

Property Description

Exceptional 5-unit investment opportunity in a prime Los Angeles location just minutes from Downtown LA. This versatile property features a spacious front house paired with four additional income-producing units—ideal for both owner-users and investors seeking strong rental potential.

The front residence offers approximately 2,500 sq ft of living space, featuring 4 bedrooms, 2.5 bathrooms, plus a den/office—perfect for a home office or multi-generational living. Thoughtfully updated, the home showcases new laminate wood flooring, fresh interior paint, and new window treatments throughout. The expansive layout includes a large formal dining room, an oversized living area, and a beautifully updated kitchen with new quartz countertops, abundant cabinetry, and a charming breakfast area.

Additional highlights include central air and heat, in-unit washer and dryer, generous storage space, and a 2-car side-by-side carport. Positioned directly across from Everett Park, the home enjoys stunning views of the Downtown Los Angeles skyline—an increasingly rare feature in this area.

The rear portion of the property consists of four well-maintained 2-bedroom, 1-bath units, offering steady rental income and strong tenant appeal. The property's layout provides a unique opportunity for an owner to live in the front home while offsetting expenses with rental income from the additional units.

Located in a highly desirable pocket of Los Angeles with close proximity to Downtown LA, the Arts District, Chinatown, Dodger Stadium, Echo Park, and Union Station, this property offers both convenience and long-term growth potential.

A rare chance to own a hybrid residential income property in one of LA's most dynamic and centrally located neighborhoods.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dryer, Washer

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside

Exterior

Community Features Park

Building

Lot Description 2-5 Units/Acre, Cul-De-Sac, Near Park, Rectangular Lot

Story 2

Water Public

Others

Tax ID 5406015002

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard


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Listed by Evelyn Keung eXp Realty of California Inc 213-359-8388, DRE #01938294

NEARBY SCHOOL & BUSINESS

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Max Chuong Thai

Max Chuong Thai

+1(323) 309-3423

Agent | License ID: 02134406

Agent License ID: 02134406

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