127 S Evergreen Ave - House w/ Rear Duplex in Boyle Heights! 3 Unit Apartment Building Offered at $750,000 at a 6.02% Cap Rate Los Angeles, CA 90033

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. 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!