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Active 0 days on market

991 Everett

Los Angeles, CA 90026

$1,600,000

991 Everett
991 Everett photo 2
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Beds
Baths
Sq Ft
0.20Acres
1986Built

About This Home

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.

Property Details

Property TypeMultiFamily
Year Built1986
Lot Size0.20 acres
HeatingCentral
CoolingCentralAir
PoolNo
MLS #1159869972
Days on Market0 days

Location

Listed by

Evelyn Keung

eXp Realty of California Inc

MLS# ws80117

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.