931 Everett St 5 Unit Apartment Building $2,682,050 CAD ($536,410 CAD/Unit) 6.39% Cap Rate Los Angeles, CA 90026

Marcus and Millichap is pleased to present a five (5) unit apartment building located at 931 Everett St in Los Angeles, California. The subject property is located in a great Echo Park location, just off of Sunset Blvd along Everett St.
Located in a prime Echo Park setting, the property features a desirable unit mix of four one-bedroom units in the front fourplex and one standalone three-bedroom home with a basement that can be used as an office or storage. Interiors showcase classic craftsman character with high-end finishes, complemented by hardwood floors, central HVAC, and in-unit washers and dryers. Recent upgrades include new electrical and plumbing systems, as well as a reinforced foundation. Units are spacious, with select layouts offering flexible dining areas with pull-out beds. In addition, the property is separately metered for gas and electricity. Ideally positioned with dominant access to Sunset Blvd, Echo Park Ave, and Temple St, the asset also offers immediate connectivity to the 101 and 110 Freeways. Surrounded by major developments, retail, dining, and Echo Park Lake, the location provides strong long-term investment appeal.
For OM, please visit: https://www.lamultifamilydeals.com/properties/931-everett-st
Overall, the combination of recent upgrades and timeless craftsmanship, paired with a great Echo Park location and close proximity to vibrant dining, retail, and outdoor amenities, positions the property as a compelling and well-rounded investment opportunity.