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Listed by: Kelly Morgan (310) 836-3638 DRE #01898026 | Houze Real Estate Management (323) 852-1372
$1,600,000
15 Beds
14 Baths
7,872sqft
3849 Stevely Ave, Los Angeles, CA 90008
$1,600,000
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Multi Family
Built in 1957
$-- HOA
8,238 sqft lot
$203/sq.ft
Description
We are pleased to present this 8-unit multifamily asset located at 3849 Stevely Ave, featuring strong in-place income, major upside potential, and immediate proximity to one of the city's most transformative new developments with the possibility of adding an ADU.3849 Stevely Ave features recent capital upgrades, including new siemens electrical panels, a newer roof, updated flooring, and a modern water heater. With an in-place 6.02% cap rate (8.95 GRM), there's an estimated 55% upside through rent increases. Property has two vacancies.An ADU may potentially be added, which could further improve returns to a projected 7.72% cap and 7.46 GRM after construction.Tuck-under pa...
Continue Reading- Houzeo last checked: 33 Minutes ago
- Listing updated: December 3, 2025 at 6:20 pm
- Source: California Regional MLS-CA | MLS#: 25550181
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1957
HOA Fees
-
Finished Area
7,872 sqft
Lot Size
8,238 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25550181
MLS Status
Active
Days on Market
190
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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