991 Everett St Los Angeles, CA 90026
Echo Park NeighborhoodEstimated payment $10,133/month
Highlights
- No Units Above
- Park
- Central Heating and Cooling System
- Cul-De-Sac
- Laundry Room
- 2-minute walk to Everett Park
About This Home
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.
Listing Agent
eXp Realty of California Inc Brokerage Phone: 213-359-8388 License #01938294 Listed on: 05/17/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 8,696 Sq Ft Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Cul-De-Sac
- Rectangular Lot
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 5 Open Parking Spaces
- 2 Carport Spaces
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- Parking Lot
- Assigned Parking
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 6,426 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 28 / 31
- Assessor Parcel Number 5406015002
- $1,356 per year additional tax assessments
Community Details
Overview
- 5 Units
Recreation
- Park
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Electric Expense $5,338
- Insurance Expense $6,828
- Maintenance Expense $10,249
- Other Expense $424
- Professional Management Expense $7,126
- Trash Expense $1,800
- Water Sewer Expense $6,220
- New Taxes Expense $20,000
- Operating Expense $58,641
- Gross Income $142,524
- Net Operating Income $83,883
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/17/2026 05/17/26 | For Sale | $1,600,000 | -- | $249 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS26107503
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Ask me questions while you tour the home.