Under Contract

991 Everett

Los Angeles, CA 90026

$1,600,000 $6,745/Mo

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Overview

Bed

Bath

6,426

Sqft

8,696

Sqft(Lot)

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 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 Type : Residential Income

Price : $1,600,000

AD Id : 78825333

MLS Id : WS26107503

Lot Size : 8,696 Sqft

Living Area Size : 6,426

Year Built : 1986

Garage : 2

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Property Appliances: Dryer,Washer
Cooling Features

Central Air Air Conditioning

Heating Source

Central Has Heating

Building Information

Year Built: 1986 Building Area Total: 6,426
Pool Features

None

Laundry Features

Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1996
Lot Size Source: Assessor Lot Size Square Feet: 8696

Listing Price Information

Original List Price: 1,600,000 Listing Contract Date: 2026-05-11
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5406015002

Garage and Parking

Garage Description: Assigned,Door-Single,Garage,On Site,Garage Faces Rear,One Space

Homeowners Association

Other Property Info

Source Listing Status: Active Under Contract Source Neighborhood: C21 - Silver Lake - Echo Park Directions: W Cesar Chavez and Everett St Source Property Type: Residential Income Area: C21 - Silver Lake - Echo Park Property SubType: Apartment
Building and Construction

Property Age: 40 Common Walls: 2+ Common Walls,No One Above,No One Below Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2168 Princeton Avenue, Los Angeles, CA, 90026	$3,495,000	3	2	2,509	2,509 SqFt
2168 Princeton, Los Angeles, CA, 90026	$3,495,000	3	2	2,509	2,509 SqFt
2144 Echo Park Avenue, Los Angeles, CA, 90026	$1,495,000	3	1	1,396	1,396 SqFt
1622 Donaldson Street, Los Angeles, CA, 90026	$3,295,000	5	2	2,966	2,966 SqFt
2004 Echo Park Avenue, Los Angeles, CA, 90026	$1,249,000	7	3	2,480	2,480 SqFt
2140 Lemoyne Street, Los Angeles, CA, 90026	$2,500,000	3	--	--
1911 Echo Park Avenue, Los Angeles, CA, 90026	$999,000	3	--	1,728	1,728 SqFt
1804 Echo Park Avenue, Los Angeles, CA, 90026	$1,500,000	5	--	2,319	2,319 SqFt
1458 Sutherland Street, Los Angeles, CA, 90026	$2,890,000	6	--	3,187	3,187 SqFt
1303 Lilac Terrace, Los Angeles, CA, 90026	$4,300,000	--	--	5,975	5,975 SqFt

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ByOwner last updated this listing 06/09/2026 @ 19:54

MLS: WS26107503 LISTED BY: Evelyn Keung, eXp Realty of California Inc 888-832-7179 SOURCE: CRMLS