Prime La Verne location -TURN-KEY CONDITION! 1960 Evergreen St 4 Unit Apartment Building $1,595,000 ($398,750/Unit) 4.84% Cap Rate La Verne, CA 91750

Kristopher German of The Apartment Dealer is pleased to offer a 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.