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3844 Evans St, Los Angeles, CA 90027
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3844 Evans St Los Angeles, CA 90027

$3,750,000 Sold Price as of 06/12/2023
  • 18 Beds
  • 12 Baths
  • 10,736 Sq.Ft.
Sold
$3,750,000 Sold Price as of 06/12/2023 Refinance Your Mortgage
Map preview of 3844 Evans St, Los Angeles, CA 90027

Property Overview: 3844 Evans St Los Angeles, CA has 18 bedrooms, 12 bathrooms, 10,736 living square feet and 19,722 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ** New Price, (...and new vacancy coming 03/01/23!!)** Sited on a sprawling lot of nearly half an acre, this 12 unit gem is being offered for sale for the first time in almost 50 years! Verdant, truly "park-like" grounds and stunning views of the Santa Monica and San Gabriel mountains make tenancy here a highly desirable "get" in what is already a super high demand rental area of the city. Enviably located with a Los Feliz zip code, but just 1 block from Silverlake. 2 blocks to the 10 acre "secret" park at the Rowena Reservoir. Walking distance to Gelsons, Trader Joes and all of the great restaurants along Hyperion. Easy access to major freeways including the 5, 110, 101 and the 2, puts Pasadena, Downtown LA and all of the Valley in easy reach. 6-2 /1's and 6-1/1's. Built in 1952, all of the units are graciously proportioned and in addition to the front door, even include a separate service entrance at the kitchen. It's true, "they don't make them like they used to." Though the current income is compelling in itself, significant upside potential awaits as units become vacant. The enormous 20,000 square foot lot begs diligent exploration of lucrative development opportunities or a reimagined "housing community". A $1.8M loan is in place and assumable at 4.1% interest through November of 2024. Owner will hold all vacancies and property will now be delivered with 3 vacant units! Completely fenced and gated for security and privacy. Permitted copper re-pipe. On site laundry. 6 - 2 car garages in 2 separate structures (including one built with a steel I-beam supporting the roof which is noted on the architectural plans for the building as a "deck". By no means your standard income property listing. Truly a rare offering. Call agent with any questions.,

Listed by Horace Davenport | BRE #01083856 | Keller Williams Larchmont
Co-listed by Steven Senigram | BRE #01133383 | Keller Williams Larchmont
Last checked: 11 minutes ago | Last updated: June 13th, 2023 | Source CRMLS | DOM: 191

Home details

Lot Sq. Ft
19,722
HOA Dues
$0/mo
Year built
1952
Garage
12 Car
Property Type:
Multi Family
Status
Sold
MLS#
22172485
City
Los Angeles
County
Los Angeles
Time on Site
813 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,785
  • Total Rent: $10,712
  • Pro Forma/Market Rent: $18,000
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,467
  • Total Rent: $7,335
  • Pro Forma/Market Rent: $13,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.5%
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: --
  • Net Operating Income: $150,533
  • Gross Operating Income: $255,084
  • Laundry Income: $865
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $7,436
  • Gardener: $4,398
  • Insurance: $7,360
  • Maintenance: $12,507
  • Professional Management: $7,880
  • Water/Sewer: $10,207

Virtual Tour

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Property Details for 3844 Evans St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Carpet, Wood
Kitchen Information
  • Has Appliances
  • Refrigerator
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 12
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Garage Door Opener
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Hills, City Lights, Mountain(s)
  • Total # of Units: 12
  • Parcel Number: 5433023030
  • Year Built Source: Assessor
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: 1 block west of Griffith Park Blvd, between Hyperion and St. George.
View more facts & features

Local Los Angeles Agent

Sale History for 3844 Evans St

Last sold for $3,750,000 on June 12th, 2023

  • June, 2023

  • Jun 12, 2023

    Date

    Sold

    CRMLS: 22172485

    $3,750,000

    Price

  • Jul 5, 2022

    Date

    Active

    CRMLS: 22172485

    $4,395,000

    Price

  • November, 2021

  • Nov 9, 2021

    Date

    Leased

    CRMLS: 21101019

    $2,450

    Price

  • Nov 1, 2021

    Date

    Active

    CRMLS: 21101019

    $2,300

    Price

  • Listing provided courtesy of CRMLS

    Update: Multiple applications received in the last 24 hours. One more showing to take place on Wed. Nov. 3 from 4pm to 7pm. --- Lovely 1950s garden apartment in a gated complex in a prime Los Feliz location. Lower-level end unit surrounded by trees and mature vegetation for privacy. Newly re-varnished hardwood floors throughout, with period-appropriate ceramic tile in bathroom and kitchen. The unit has an abundance of natural light streaming through several large windows offering views of the trees and garden. Sliding glass doors from the living room lead to your own private patio under a pine tree. Entry doors at the living room and the kitchen for convenience and ease of access. Windows in every room (none of which look out onto a neighbor's wall!) with peek-a-boo views of the San Gabriel Mountains. Unit includes refrigerator, garbage disposal, gas cooktop. Two closets in the first bedroom, one closet in the second, and one hall closet, as well as hall cabinets for linens. One secured garage parking space with extra storage included, perfect for a bicycle or just to keep your seasonal items out of the way. Ideally located on a quiet street just a stone's throw from Hyperion Public, Trader Joe's, Gelson's, Baller Hardware, and all the shops and restaurants along Rowena and Hyperion. Moments from Silver Lake, Griffith Park, the Observatory and the LA River Bike Path. Laundry on-site. Pets considered on a case-by-case basis.

  • June, 2015

  • Jun 10, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3844 Evans St

Assessed Value (2020): $484,356
Year Land Value Improved Value Assessed Value
2020 $167,621 $316,735 $484,356

Home Value Compared to the Market

This property vs the competition

3844 Evans St sold on June 12, 2023 for 263.84% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $379.56 per/sqft which puts the price per square foot 47.57% lower than the current median sale per square foot for the city of Los Angeles.

About 3844 Evans St

Detailed summary of property

3844 Evans St is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 18 bedrooms, 12 bathrooms, roughly 10,736 living square feet, and sits on an approximately 19,722 square foot lot. 3844 Evans St was first listed on ArdentRealEstateGroup.com on June 29, 2022. The homeowner sold the property for $3,750,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 263.84% higher than the current median priced home. Local homes that are currently for sale include 634 N Kingsley Dr, 1803 N Wilton Pl and 309 N Union Ave. While the average home in Los Angeles, CA is selling in 106 days, 3844 Evans St has a days on market of 191 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 3844 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 3844 Evans St

Public county record property details
Beds
18
Baths
12
Year built
1952
Sq. Ft.
10,736
Lot Size
19,721
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
32
APN
5433-023-030

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
$2,495,000
Median List Price/Sq.Ft.
$938
Median Sold Price
$2,340,000
Median Sold Price/Sq.Ft.
$1,093
Total Inventory
81
Median Sale to List Price %
126.55%
Avg Days on Market
35
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), Other (0%)

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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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