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… Read More 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. THE PROPERTIES MAY BE PURCHASED INDIVIDUALLY OR AS A PORTFOLIO Read Less
Property listed by Marcus & Millichap, Sean Rosenzweig 310-259-7556
Listing Snapshot
Days Online
247
Last Updated
Beds
21
Square Ft.
6,809
Lot Size
0.34 Acres
Year Built
1923
MLS Number
25575087
Additional Details
Building
Built in 1923, Living area: 6809.0, 6 buildings, 2 stories, Levels: Two, MultiSplit
Income
Gross Income: $497,700, Net Operating Income: $340,224
Lot
0.3433 acres
Parking
7 total parking spaces, None
Taxes
Parcel Number: 5406017022, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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