Listed By:
Seth Polen with Keller Williams Pasadena Mrkt;
439 S Evergreen Avenue, Los Angeles, CA
$ 1,450,000
Property Attributes
  • MLS#22186995
  • TypeMulti-Family
  • CityLos Angeles
  • AreaBoyle Heights
  • Zip90033
  • Style
  • Price$ 1,450,000
  • Bedrooms9
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage5084
  • Lot Size12,558 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

An amazing opportunity for Investor looking to renovate and reposition an investment just outside of Downtown Los Angeles in Boyle Heights. Situated minutes from the 5/10/60 and 101Freeways. On the market for first time in over 60 years this 1953 built asset consists of three buildings with 8 Units. The total building square footage is 5,084 square feet situated on 12,547 square foot lot. There are a total of 13 parkings spaces; 10 are unassigned surface and 3 garage. Potential to add either detached or conversion ADU and or Storage units to the property. Currently 1 Unit Vacant

Price History
8/6/2022 Listed $1,700,000
5/11/2023 7% - $1,590,000
11/1/2023 9% - $1,450,000

General Features

Additional Parcels Y/N No
Association Y/N No
Attached Garage No
Cap Rate 3.95
Carport Y/N No
City Los Angeles
County Los Angeles
Days on Market 456
Directions Located in Boyle Heights about 3/4 mi to the 1st and Soto Metro Gold Line Subway Station; Just east of Downtown Los Angeles near where the 5/60/101Freeways meet
Garage Spaces 3.0
Garage Y/N Yes
Gross Income 93864.0
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Levels Two
Lot Size Square Feet 12557.0
MLS Area BOYH - Boyle Heights
Mobilehomeremainsyn No
Net Operating Income 57239.0
New Construction No
Open Parking Spaces 10.0
Private Pool No
Property Attached Y/N No
Property Type ResidentialIncome
Rent Control Y/N Yes
Senior Community Y/N No
Special Listing Conditions Standard
Standard Status Active
Status Active
Stories 2
Street Name Evergreen
Total Units 8
View CityLights
View Y/N Yes
Waterfront Y/N No
Year Built 1953
Zoning LARD1.5

Interior Features

Air Conditioning Y/N No
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N No
Livingareasource Assessor
Street Suffix Avenue
Total Baths 8
Total Bedrooms 9

Exterior Features

Living Area 5084.0
Building Area Total 5084.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 0.2883
Lot Size Area 12557.0
Lot Size Source Assessor
Lot Size Units SquareFeet
Number of Buildings 3
Open Parking Y/N No
Parking Features DoorSingle, Garage, OneSpace, SharedDriveway, OnStreet
Spa No
Total Parking 13.0


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90033

AVG $920K
AVG 42
Data Provided by Inside Real Estate®
Year Built
AVG 1927