Listing provided courtesy of Sagiv Rosano of Rosano Partners. Last updated 2024-11-22 10:47:21.000000. Listing information © 2024 Sandicor.

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Asking Price: $1,995,000

1230 Evergreen, Los Angeles CA 90033

Community: BOYH - Boyle Heights

This property was built in 1948 and is priced at $1,995,000. Please see the additional details below.

0 Sq Ft
0 bathrooms
0 bedrooms
MLS#: 24465973
Type:
Year Built: 1948

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.

Call or Email Ever Eternity now to inquire about this property

858-688-4113

Information

Address:	1111 Prospect St, Suite 100 La Jolla CA 92037
Phone:	858-688-4113
E-mail:	Send a Message
DRE#:	01794847

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