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3827 Evans St, Los Angeles, CA 90027
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3827 Evans St Los Angeles, CA 90027

$3,240,000 Sold Price as of 03/18/2020
  • 72 Beds
  • 72 Baths
  • -- Sq.Ft.
Sold
$3,240,000 Sold Price as of 03/18/2020 Refinance Your Mortgage
Map preview of 3827 Evans St, Los Angeles, CA 90027

Property Overview: 3827 Evans St Los Angeles, CA has 72 bedrooms, 72 bathrooms, -- living square feet and 8,446 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by Elijah Korobkin | BRE #01897085 | Central Realty Advisors Inc
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 118

Home details

Lot Sq. Ft
8,446
HOA Dues
$0/mo
Year built
1966
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19504258
City
Los Angeles
County
Los Angeles
Time on Site
1215 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,181
  • Total Rent: $2,181
  • Pro Forma/Market Rent: $3,350
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,360
  • Total Rent: $2,360
  • Pro Forma/Market Rent: $3,350
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,074
  • Total Rent: $2,074
  • Pro Forma/Market Rent: $3,350
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,858
  • Total Rent: $1,858
  • Pro Forma/Market Rent: $3,350
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,104
  • Total Rent: $2,104
  • Pro Forma/Market Rent: $3,350
Unit Breakdown 6
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,439
  • Total Rent: $1,439
  • Pro Forma/Market Rent: $3,350
Unit Breakdown 7
  • # of Units: 7
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,413
  • Total Rent: $2,413
  • Pro Forma/Market Rent: $3,350
Unit Breakdown 8
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,439
  • Total Rent: $1,439
  • Pro Forma/Market Rent: $3,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: --
  • Net Operating Income: $128,692
  • Gross Operating Income: $192,466
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3827 Evans St

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 8
  • Parcel Number: 5433024009
Location / Neighborhood
Location Information
  • Directions: West of Griffith Park Blvd, North of Hyperion Ave, East of Aloha St, & South of St George St.
View more facts & features

Local Los Angeles Agent

Sale History for 3827 Evans St

Last sold for $3,240,000 on March 18th, 2020

  • March, 2020

  • Mar 19, 2020

    Date

    Sold

    CRMLS: 19504258

    $3,240,000

    Price

  • Dec 24, 2019

    Date

    Pending

    CRMLS: 19504258

    $3,269,000

    Price

  • Aug 27, 2019

    Date

    Active

    CRMLS: 19504258

    $3,269,000

    Price

  • February, 2020

  • Feb 26, 2020

    Date

    Sold (Public Records)

    Public Records

    $3,240,000

    Price

  • December, 2019

  • Dec 31, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2019

  • Nov 22, 2019

    Date

    Expired

    CRMLS: 19468526

    $3,300,000

    Price

  • Aug 4, 2019

    Date

    Withdrawn

    CRMLS: 19468526

    $3,300,000

    Price

  • Jul 22, 2019

    Date

    Price Change

    CRMLS: 19468526

    $3,300,000

    Price

  • May 21, 2019

    Date

    Active

    CRMLS: 19468526

    $3,350,000

    Price

  • Listing provided courtesy of CRMLS

    8 Two-Bed / Two-Bath Units in PRIME Los Feliz. Rare asset with HUGE potential for value-add. The property was built in 1966, consists of 2 stories and features laundry and on-site parking for all units. Rare opportunity for an investor to reposition this asset to yield a ~7.57% Cap Rate (with rents at market) and to further benefit from continuously rising rents in this Hipster Haven. Contact listing agent for more info.

  • May, 2018

  • May 31, 2018

    Date

    Sold

    CRMLS: 17290650

    $2,700,000

    Price

  • Apr 13, 2018

    Date

    Pending

    CRMLS: 17290650

    $2,950,000

    Price

  • Mar 2, 2018

    Date

    Active Under Contract

    CRMLS: 17290650

    $2,950,000

    Price

  • Feb 1, 2018

    Date

    Price Change

    CRMLS: 17290650

    $2,950,000

    Price

  • Nov 21, 2017

    Date

    Active

    CRMLS: 17290650

    $3,100,000

    Price

  • Listing provided courtesy of CRMLS

    Mid Century building in prime Los Feliz area. Extra large units with private balconies. Second floor apartments have views. Four units have been recently remodeled. Huge upside in rents. Property is under City of LA mandatory soft story earthquake retrofitting program. Walking distance to Gelson's, Trader Joe's and restaurants on Hyperion Ave. Central location with easy access to freeways. High demand rental area. Please review Offering Memorandum attached in docs.

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Tax History for 3827 Evans St

Assessed Value (2020): $2,809,380
Year Land Value Improved Value Assessed Value
2020 $1,966,356 $843,024 $2,809,380

Home Value Compared to the Market

This property vs the competition

3827 Evans St sold on March 18, 2020 for 174.71% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 3827 Evans St

Detailed summary of property

3827 Evans St is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 72 bedrooms, 72 bathrooms, roughly -- living square feet, and sits on an approximately 8,446 square foot lot. 3827 Evans St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $3,240,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 174.71% higher than the current median priced home. Local homes that are currently for sale include 1610 Hobart, 933 N Mariposa Ave and 1400 N. Hobart Blvd. While the average home in Los Angeles, CA is selling in 93 days, 3827 Evans St has a days on market of 118 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 3827 Evans St Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3827 Evans St

Public county record property details
Beds
16
Baths
16
Year built
1966
Sq. Ft.
8,225
Lot Size
8,446
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5433-024-009

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,390,000
Median List Price/Sq.Ft.
$928
Median Sold Price
$1,785,930
Median Sold Price/Sq.Ft.
$941
Total Inventory
85
Median Sale to List Price %
99.49%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (7.69%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 3827 Evans St

3816 Evans St, Los Angeles, CA 90027
$1,535,000 Last Sold Price
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2 Baths
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3822 Evans St, Los Angeles, CA 90027
$1,725,000 Last Sold Price
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3833 Evans St, Los Angeles, CA 90027
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4 Beds
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$3,750,000 Last Sold Price
18 Beds
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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