$1,995,000
1230 N Evergreen Ave Los Angeles, CA 90033
Save Share
Schedule a Tour
$1,995,000
Est. payment /mo
8 BD
8 BA
6,032 SqFt
New
1230 N Evergreen Ave Los Angeles, CA 90033
UPDATED:
11/21/2024 07:54 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,032 sqft
Price per Sqft $330
MLS Listing ID 24-465973
Bedrooms 8
Year Built 1948
Lot Size 9,296 Sqft
Acres 0.2134
Property Description
Outstanding investment opportunity in the heart of Boyle Heights! This well-maintained 8-unit apartment building, built in 1948, boasts strong current income and significant value-add potential. All 2-bedroom, 1-bathroom units average 754 SF with potential to increase income to market rent. Additionally, a feasibility study and preliminary architectural plans for 2 additional ADU's have been performed, allowing for a total of 10 units. These are new construction units proposed to be ADUs over the parking area and simultaneously satisfy retrofit requirements. Perched on a 9,293 SF lot, this property enjoys hillside views, extensive parking provided by 22 spaces, and a strategic location ideal for families. This property is a rare opportunity to capitalize on the strong Boyle Heights rental market and achieve robust long-term returns.
Location
State CA
County Los Angeles
Area Boyle Heights
Zoning LAR2
Exterior
Garage Spaces 22.0
Others
Special Listing Condition Standard
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Rosano Partners
GET MORE INFORMATION
