$3,375,000
SOLD JUL 9, 2025
17 Beds
17 Baths
9,435 Sq Ft
9,861 Sq Ft Lot

Recently Sold

$358 Per Sq Ft

3% Below List Price

137 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Mountain View
  • Balcony
  • Franklin Avenue Elementary Rated A-
  • Wood Flooring
  • Laundry Room

About This Home

As of July 2025

3824 Evans Street is a 9-unit apartment building located on a large lot that is just under 10,000 square feet. It has been owned by the same family for more than 50 years. This is the first time it has been on the market and available for sale in all that time. The units are extremely spacious. The building has an excellent unit mix of 1 - 1+1, 2 - 2+1.5, 4 - 2+1.75 & 2 - 2+1.75 TH. The Town House units have their own individual back yards. This building has had copper plumbing installed and the Los Angeles City mandated soft-story earthquake retrofit work completed. Additionally, the CA state mandated balcony work (SB 721) has been done. (Seller states all) The rent roll demonstrates the incredible rental upside potential, and, with the recent defeat of Proposition 33, investors are allowed to realize market rents upon units becoming vacant. These are very large apartments (building square footage is 9,435) and are much more livable than the average 1960's era building. The location is very desirable in eclectic Los Feliz! Located just west of Hyperion Avenue and south of Griffith Park Boulevard, the area is ground zero for hipsters, tech workers, artists and independent thinkers. Incredibly desirable and walkable neighborhood with restaurants, bars, cafes, theaters, specialty markets (Trader Joes & Gelson's). This area has a vibe that is palpable and is attractive to both young and mature alike! It is just a short drive from central Hollywood, DTLA and the communities of Glendale, Burbank and Pasadena just beyond. This location is surrounded by a multitude of employers in a wide array of industries making it an exceptionally sought after place to reside. As a result, renters outnumber owners in the area by a wide margin. The housing imbalance that exists in Southern California & Los Angeles in particular make this investment attractive in the short and long term. Please do not disturb tenants or walk on the property. OM is located in the document section on the MLS profile page. Please call listing agent for more information.

Last Agent to Sell the Property

Jim Gilb

James F. Gilb License #00998653 Listed on: 03/26/2025

James F. Gilb

Last Buyer's Agent

Brita Kleingartner

TRG Real Estate Co., Inc. License #01977100

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 9,861 Sq Ft Lot
  • Lot Dimensions are 50x197
  • North Facing Home

Property Views

  • Mountain
  • Hills

Home Design

  • Midcentury Modern Architecture
  • Split Level Home
  • Flat Roof Shape
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 9,435 Sq Ft Home
  • 2-Story Property
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 17 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 8 Parking Spaces
  • 8 Attached Carport Spaces

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Central Water Heater
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water, gardener
  • Assessor Parcel Number 5433-023-027

Community Details

Overview

  • 9 Units

Building Details

  • Rent Control
  • Vacancy Allowance $2,386

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Multi/Split
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Entry Location: Living Room
  • Living Area: 9435
  • Lot Acreage: 0.2264
  • Lot Dimensions: 50x197
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Linoleum, Wood, Carpet
  • Bedrooms: 17
  • Laundry: Room
  • Laundry Equipment: Lease
  • Total Bathrooms: 17.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 370.43

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Features: Balcony
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Flat, Rolled/Hot Mop
  • Spa Yn: No
  • View: Hills, Mountains
  • View: Yes

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking: 8
  • Parking Garage: Carport Attached
  • Total Parking: 8

Utilities

  • Water Heater: Gas, Central Water Heater
  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 81.98
  • Assessed Improvement Value: 259203
  • Assessed Land Percent: 18.02
  • Assessed Land Value: 56993
  • Total Assessed Value: 316196
  • Assessor Parcel Number: 5433-023-027
  • Lot Size Area: 9861

Rental Info

  • Total Actual Rent: 238682.00
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
  • Gross Rent Multiplier: 14.60
  • Number Of Units: 9
  • Rent Control: 100
  • Total Annual Expense: 70635
  • Type Of Units: Apartments
  • Vacancy Allow: 2386
  • Vacancy Allow Percent: 1.00
  • Vacancy Rate: $2,386

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Sold $3,375,000 -3.4% $358 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $3,495,000 0.0% $370 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $3,495,000 -- $370 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-476329

The MLS