1960 Evergreen Street La Verne, CA $ 1,595,000
1960 Evergreen Street
$ 1,595,000
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1960 Evergreen Street

La Verne, CA, 91750
$ 1,595,000
Baths2.0 Sq 4,336

Monthly Estimate*

$ 10,071

Listed by RE/MAX 2000 REALTY
1960 Evergreen Street, La Verne, CA 91750 - Image 1
1960 Evergreen Street, La Verne, CA 91750 - Image 2
1960 Evergreen Street, La Verne, CA 91750 - Image 3
1960 Evergreen Street, La Verne, CA 91750 - Image 4
1960 Evergreen Street, La Verne, CA 91750 - Image 5
1960 Evergreen Street, La Verne, CA 91750 - Image 6
1960 Evergreen Street, La Verne, CA 91750 - Image 7
Studio

Multi-Family Home for sale in La Verne, CA

for $1,595,000 with 2 full baths. This 4,336 square foot home was built in 1965 on a lot size of 0.1775.

Rare opportunity to acquire a turn-key, pride-of-ownership 4-unit property in the highly desirable city of La Verne. This well-maintained asset has benefited from significant recent improvements, including a new main water line, new main sewer line, newer roof, copper plumbing, updated interiors, and fresh exterior paint, allowing a new owner to acquire a property where many of the major capital items have already been addressed. The property features an excellent unit mix consisting of one 3-Bedroom/2-Bath unit and three 2-Bedroom/2-Bath units, offering oversized floor plans that appeal to tenants seeking larger, well-appointed living spaces. The building totals approximately 4,336 rentable square feet on a 7,733 sq. ft. lot, providing an average unit size of more than 1,000 square feet. Residents enjoy an impressive collection of amenities including central air conditioning and heat, private patios or balconies, an onsite laundry facility, and carport parking with additional storage. These features, combined with the property's upgraded condition and spacious layouts, create an attractive rental community designed to support long-term tenant retention. Ideally situated in a prime La Verne location near prestigious schools, restaurants, retail shopping, and everyday conveniences, this property offers investors a rare combination of turn-key condition, desirable unit sizes, substantial recent improvements, and long-term rental appeal in one of the San Gabriel Valley's most sought-after communities.

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Multi-Family Active

Price

$ 1,595,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1775

Year Built

1965

Town/City

La Verne

County/Region

Los Angeles

MLS | Web ID

CV26177330

Days on Market

3

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Roof Shingle
Zoning LVPR15A*
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1965
Tenant Pays Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 110700
Community Features Gutter(s) Sidewalks
County Los Angeles
Net Operating Income 77276
Operating Expense 31267
Insurance Expense 2500
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 3000
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions South of Route 66. East of Wheeler Ave.
City La Verne
Entry Location 1
Senior Community Y/N false
Number Of Units Total 4
MLS Area 684 - La Verne
Lot Size Units Square Feet
Lot Size Square Feet 7733
Carport Spaces 6
Carport Y/N true
Number of Units Leased 4
Listing Terms Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 780
Current Financing None
Fuel Expense 540
Trash Expense 2880
Water Sewer Expense 2880
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 2375
Total Actual Rent 9225
Property Sub Type Additional Quadruplex
Taxes 18078
Cap Rate 5.08
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Interior
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing None
Parking Features Assigned Carport
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 6
Lot Size Area 7733
Number of Buildings 1
Spa false
Building Area Total 4336
Lot Size Acres 0.1775
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
Re/Max 2000 Realty

Broker

kris@theapartmentdealer.com

Email

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$10,071
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Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$1,595,000 Listed Price

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1960 Evergreen Street, La Verne, CA, 91750 is a Multi-Family Home for sale at $1,595,000 with 4,336 sqft and a lot size of 0.1775. 1960 Evergreen Street is a studio with 2.0 baths and was built in 1965. The property's zip code is 91750 which is in La Verne, CA