127 S Evergreen Avenue
Los Angeles, CA, 90033 $ 750,000
Bedrooms7 Baths1.0 Sq 2,436 Monthly Estimate*
$ 4,618
for $750,000 with 7 bedrooms and 1 full bath. This 2,436 square foot home was built in 1928 on a lot size of 0.1194.
Located in the heart of Boyle Heights, 127 S Evergreen Ave offers a rare opportunity to own an income-producing property with a vacant unit at an incredible price point! The property features strong in-place rents of $2,700+ per month, plus a vacant 2Br+1Ba remodeled unit. All units have been remodeled within the last 10 yLocated in the heart of Boyle Heights, 127 S Evergreen Ave offers a rare opportunity to own an income-producing property with a vacant unit at an incredible price point! The property features strong in-place rents of $2,700+ per month, plus a vacant 2Br+1Ba remodeled unit. Owner pays no utilities, seperate water, gas & electrical meters. All units have been remodeled within the last 10 years and feature 100% copper plumbing, and new electrical panels and meters. The front unit is a spacious 3Br+1Ba of 1,076 SF, and the rear duplex has two appx 680 SF 2Br+1Ba apartments, one upstairs and one downstairs. The rear units have areas for stackable laundry, and there are 3 parking spaces. The property is located between Evergreen Cemetery and Evergreen Recreation Center. Local favorites include Picaresa Barra de Cafe, El Tepeyac Cafe, Otomisan Restaurant, Food 4 Less, El Mercadito, King Taco and more. Boyle Heights is a well loved and tight knit community situated between the 10, 5, 101, and 60 freeways. It's central location to so many freeways, as well at DTLA and the Arts District, is one of it's major appeals. Overall, this is an affordable property that makes a great investment or "house hacking" option for anyone looking to have their tenants contribute to their mortgage payment!ears and feature 100% copper plumbing, and new electrical panels and meters. The front unit is a spacious 3Br+1Ba of 1,076 SF, and the rear duplex has two appx 680 SF 2Br+1Ba apartments, one upstairs and one downstairs. The rear units have areas for stackable laundry, and there are 3 parking spaces. The property is located between Evergreen Cemetery and Evergreen Recreation Center. Local favorites include Picaresa Barra de Cafe, El Tepeyac Cafe, Otomisan Restaurant, Food 4 Less, El Mercadito, King Taco and more. Boyle Heights is a well loved and tight knit community situated between the 10, 5, 101, and 60 freeways. It's central location to so many freeways, as well at DTLA and the Arts District, is one of it's major appeals. Overall, this is an affordable property that makes a great investment or "house hacking" option for anyone looking to have their tenants contribute to their mortgage payment!
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FeaturesGeneralLiving Area 2436
Sewer Sewer Tap Paid
Heating Wall Furnace
Possession Close Of Escrow
Roof Composition Shingle
Appliances Disposal
Zoning LAR2
Patio/Porch Features Front Porch
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Stucco
Year Built 1928
Tenant Pays Electricity Gas Trash Collection Water
View None
Levels Multi/Split
Gross Income 59196
Accessibility None
County Los Angeles
Net Operating Income 45113
New Construction false
Property Type Residential Income
HOA false
Facing Direction East
Full Baths 0
Special Listing Conditions Standard
Status Active Under Contract
Directions Head West on E 4th Street turn right onto S Evergreen Ave the subject property is on your left.
City Los Angeles
Senior Community Y/N false
High School District Los Angeles Unified
Open Parking Spaces 3
Number Of Units Total 3
MLS Area BOYH - Boyle Heights
Lot Size Units Square Feet
Lot Size Square Feet 5202
Number of Units Leased 2
Spa Features None
Property Attached Y/N true
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://www.youtube.com/watch?v=V--pflGXn0A
Standard Status Active Under Contract
Occupancy Type Vacant
Cap Rate 6.02
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InteriorInterior Amenities Ceiling Fan(s) Recessed Lighting
Flooring Tile
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Heating Y/N true
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 7
Total Baths 3
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ExteriorParking Features One Space
Total Parking 3
Lot Size Area 5202
Foundation Details Raised
Number of Buildings 2
Spa false
Building Area Total 2436
Lot Size Acres 0.1194
Private Pool false
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesList Bydana@incomepropertiesla.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,618
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,837,781
Percent of Sale Price 145%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/14/2026 | $750,000 | | Listed Price |