991 Everett
Los Angeles, CA, 90026 $ 1,600,000
Baths1.0 Sq 6,426 Monthly Estimate*
$ 10,103
Listed by eXp Realty of California Inc
Studio for $1,600,000 with 1 full bath. This 6,426 square foot home was built in 1986 on a lot size of 0.1996.
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.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Possession Close Of Escrow
Appliances Dryer Washer
Garage Spaces 2
Pool Features None
Year Built 1986
Property Subtype Apartment
Gross Income 142524
Community Features Park Street Lights Sidewalks
County Los Angeles
Net Operating Income 83883
Operating Expense 58641
Insurance Expense 6828
New Construction false
Property Type Residential Income
MaintenanceExpense 10249
Garage Y/N true
Special Listing Conditions Standard
Status Pending
Directions W Cesar Chavez and Everett St
City Los Angeles
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 5
Number Of Units Total 5
MLS Area C21 - Silver Lake - Echo Park
Lot Size Units Square Feet
Lot Size Square Feet 8696
Carport Spaces 2
Carport Y/N true
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 5338
Fuel Expense 0
Trash Expense 1800
Water Sewer Expense 6220
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Pending
Year Built Source Assessor
Tax Lot 28
Property Sub Type Additional Apartment
Taxes 20000
Cap Rate 5.24
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InteriorTotal Stories 2
Common Walls 2+ Common Walls No One Above No One Below
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup Inside
Entry Level 1
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ExteriorParking Features Assigned Door-Single Garage On Site Garage Faces Rear One Space
Lot Features 2-5 Units/Acre Cul-De-Sac Rectangular Lot
Water Source Public
Total Parking 9
Lot Size Area 8696
Number of Buildings 1
Building Area Total 6426
Lot Size Acres 0.1996
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 5
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded FeaturesList ByExp Realty Of California IncBroker
evelynkeung@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $10,103
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $1,863,939
Percent of Sale Price 16%
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 |
|---|
| 5/17/2026 | $1,600,000 | | Listed Price |