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$1,511,250
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Property 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.
Full Property Details
Full Property Details for 991 Everett
General
- Sold For: $1,511,250
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: WS26107503
- Added to Site: 105 day(s) ago
Rooms
Other Rooms
- Laundry: Inside, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included, Dryer Included
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
- Parking Features: Garage, Assigned, On-Site, Garage (Single Door), Garage Faces Rear, Parking Space
- Parking: Garage, Assigned, On-Site, Garage (Single Door), Garage Faces Rear, Parking Space
Location
- Area: C21 - Silver Lake - Echo Park
- County: Los Angeles
- Development Name: C21 - Silver Lake - Echo Park
- Driving Directions: W Cesar Chavez and Everett St
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 5
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Entry Location: 1
- Square Feet: 6,426
- Year Built: 1986
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 3
- Bedrooms: 4
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1996
- Lot Size Source: Assessor
- Lot Description: Cul-de-Sac, Lot 6500-9999, Rectangular Lot, 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $235.18
- Price Per Unit: 320000
Listed by eXp Realty of California Inc, Evelyn Keung
Sold by Compass, SUE CHAN
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Schools
Schools serving 991 Everett
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Betty Plasencia Elementary School 1321 Cortez Street, Los Angeles, CA 90026 | K-5 | 0.5 mi |
Sal Castro Middle School 1575 West 2nd Street, Los Angeles, CA 90026 | 7-8 | 1 mi |
Edward R. Roybal Learning Center 1200 Colton Street, Los Angeles, CA 90026 | 9-12 | 0.7 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 1 mi |
Miguel Contreras Learning Complex School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.1 mi |
Contreras Learning Center-Los Angeles School Of Global Studies 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.1 mi |
Academic Leadership Community School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.1 mi |
Contreras Learning Center-School Of Social Justice 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 991 Everett
Date
Details
Price
Change
Source
8/10/2026
Sold
$1,511,250
-5.55%
MLS
5/17/2026
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
991 Everett, Los Angeles, CA 90026 (MLS# WS26107503) is a Multi-Family property that was sold at $1,511,250 on August 10, 2026. Want to learn more about 991 Everett? Do you have questions about finding other Multi-Family real estate for sale in Silver Lake? You can browse all Silver Lake real estate or contact a Coldwell Banker agent to request more information.

