908 Everett Street
Los Angeles, CA, 90026 $ 5,400,000
Bedrooms21 Baths6.0 Sq 6,809 Monthly Estimate*
$ 33,249
Listed by Marcus & Millichap
for $5,400,000 with 21 bedrooms and 6 full baths. This 6,809 square foot home was built in 1923 on a lot size of 0.3433.
We are pleased to present 908916 Everett Street and 1236 West Sunset Boulevard, two fully renovated multifamily assets totaling 20 units in the heart of Echo Park, one of Los Angeles' most sought-after submarkets. Both properties offer turnkey, furnished housing with strong in-place cash flow and additional upside through continued branding and operational optimization. Each property has been completely re-constructed through a "down to the studs" renovation that includes upgraded building systems, fully modernized interiors, new landscaping, outdoor decks and communal spaces, and a refreshed exterior aesthetic. The portfolio features a mix of charming bungalow-style apartments and 24-bedroom townhomes, designed with high-end curated interiors and flexible lease structures. The larger townhome layouts are particularly well-suited for per-bedroom rentals, allowing owners to capture rent premiums. Fully furnished units include premium SMEG appliances, designer finishes, in-unit laundry, and curated interiors. Flexible lease terms and bundled utilities make the offering especially appealing to young professionals and creative tenants seeking high-quality, hassle-free living. Together, the properties provide investors with a stabilized, cash-flowing portfolio with operational upside through management efficiencies and lease-up of remaining vacancy. 908916 Everett includes two newly constructed townhome-style ADUs completed in 2021, as well as secured on-site parking. Amenities include rooftop decks, private outdoor spaces, and gated parking. With irreplaceable locations near Sunset Boulevard, limited new supply, and growing demand for flexible furnished housing, Everett and Sunset offer investors a rare opportunity to acquire turnkey assets with high yield potential, operational scalability, and long-term growth. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. THE PROPERTIES MAY BE PURCHASED INDIVIDUALLY OR AS A PORTFOLIO
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FeaturesGeneralLiving Area 6809
Zoning LAR3
Year Built 1923
Stories Count 2
Levels Two Multi/Split
Gross Income 497700
County Los Angeles
Net Operating Income 340224
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Sunset Boulevard & Everett Street
City Los Angeles
Senior Community Y/N false
Number Of Units Total 12
MLS Area C21 - Silver Lake - Echo Park
Lot Size Units Square Feet
Lot Size Square Feet 14953
Standard Status Active
Year Built Source Assessor
Cap Rate 6.3
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InteriorTotal Stories 2
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 21
Total Baths 17
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ExteriorParking Features None
Total Parking 7
Lot Size Area 14953
Number of Buildings 6
Building Area Total 6809
Lot Size Acres 0.3433
Lot Size Source Assessor
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* Excluded FeaturesList Bythesrgroup@marcusmillichap.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $33,249
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,837,781
Percent of Sale Price 66%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/20/2025 | $5,400,000 | | Listed Price |