eXp Realty of California Inc
Listed by eXp Realty of California Inc
$1,600,000
991 Everett
Details
APN 5406015002
Property Type Multifamily
Sub Type Apartment Building
Units 5
Cap Rate 5.24%
Buildings 1
Acreage 0.200
Zoning Assessor
Multifamily | 5.24% CAP | 5 Units
Marketing 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 unitsideal 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/officeperfect 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 skylinean 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 propertys 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 l
Listing Contacts
eXp Realty of California Inc
Listed by eXp Realty of California Inc
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