$5,400,000

Estimated payment $32,008/month

Total Views 518
21 Beds
17 Baths
6,809 Sq Ft
$793 Price per Sq Ft

About This Home

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. CONTACT THE LISTING TEAM FOR DETAILS. THE PROPERTIES MAY BE PURCHASED INDIVIDUALLY OR AS A PORTFOLIO

Listing Agent

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 12/01/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 0.34 Acre Lot

Parking

  • 7 Parking Spaces

Home Design

  • Split Level Home

Interior Spaces

  • 6,809 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 17 Bathrooms

Community Details

  • 6 Buildings
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 5406-017-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two, Multi/Split
  • Street Number Display: Yes
  • Living Area: 6809
  • Lot Acreage: 0.3434
  • Stories: 2
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 21
  • Total Bathrooms: 17.00
  • Price Per S Q F T: 793.07

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Total Parking: 7

Lot Info

  • Assessed Improvement Percent: 32.46
  • Assessed Improvement Value: 1125868
  • Assessed Land Percent: 67.54
  • Assessed Land Value: 2342588
  • Total Assessed Value: 3468456
  • Assessor Parcel Number: 5406-017-022
  • Lot Size Area: 14953

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.85
  • Number Of Units: 12
  • Type Of Units: Residential

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $43,233 $3,537,824 $2,389,439 $1,148,385
2024 $43,233 $3,468,456 $2,342,588 $1,125,868
2023 $42,407 $3,400,448 $2,296,655 $1,103,793
2022 $38,042 $3,140,739 $2,251,623 $889,116
2021 $37,589 $2,995,857 $2,207,474 $788,383
2019 $35,534 $2,907,000 $2,142,000 $765,000
2018 $25,513 $2,040,000 $1,224,000 $816,000
2017 $11,223 $851,415 $490,023 $361,392
2016 $10,947 $834,721 $480,415 $354,306
2015 $10,799 $822,183 $473,199 $348,984
2014 $10,898 $806,078 $463,930 $342,148
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 For Sale $5,400,000 0.0% $793 / Sq Ft
11/30/2025 11/30/25 Off Market $5,400,000 -- --
10/21/2025 10/21/25 For Sale $5,400,000 0.0% $793 / Sq Ft
10/20/2025 10/20/25 Off Market $5,400,000 -- --
07/21/2025 07/21/25 For Sale $5,400,000 -- $793 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,850,000 Usa National Title Co
Grant Deed -- None Available
Grant Deed $2,000,000 Usa National Title Co
Grant Deed $695,000 Old Republic Title Company
Individual Deed $380,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,800,000 Commercial
Previous Owner $1,802,500 Commercial
Previous Owner $451,000 Purchase Money Mortgage
Previous Owner $320,000 Seller Take Back
Source: Public Records

Source: The MLS

MLS Number: 25575087

The MLS

APN: 5406-017-022