See Home Value
La Verne 91750 Lordsburg
1951 Evergreen Street
$1,556,501*
Multifamily - Off Market

1951 Evergreen Street

La Verne, CA 91750
bedrooms
Studio
bathrooms
0 Bath
$1,245,000 - $1,521,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Excellent opportunity for an investment in the sought-after City of La Verne. This 4-plex is nicely maintained with newer windows & sliding glass doors on all units, a new roof on the garage was installed in 2017. Many major costly improvements have been completed, including a new roof on the entire building installed in 7/2019, new exterior fascia paint in 5/2018, two units with new air conditioning units installed in 8/2017, one is a ductless air conditioner, and new exterior cleanout drain installed in 1/2020. One unit has new waterproof vinyl tiles installed in 7/2018 with new blinds installed for the dining room, living room, kitchen and sliding doors in 6/2020. Individual electric and gas meters for each unit. A master water heater in the laundry room supplies hot water to all units. Additional income can be earned from coin-operated community laundry located on the premises. Each unit has a 1-car detached garage with the owner's unit having a 2-car garage. Guaranteed income with current Section 8 Tenants in 2 of the units. Property is 100% occupied. Rents are below fair market. The property has great upside potential and offers the savvy investor the opportunity to add value by further improving the units and increasing rents. Ideally situated: Walk to Bonita High School, University of La Verne, Old Town La Verne; close proximity to schools, library, parks, restaurants, shopping & 210 Freeway. Drive-by only, please do not disturb tenants.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1965

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Nov 10, 2020 Sold to Jeff Fan $1,383,000
Sold to Jeff Fan
Oct 14, 2020 In contract -
In contract
Jul 12, 2020 Listed $1,383,000
Listed

Property Highlights

Air Conditioning
Garage


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200712
07/12/2020
Studio
-
-
$1,383,000
bedrooms
Studio
bathrooms
-
$1,383,000
11/10/2020
KEVIN WANG

Building Info

1951 Evergreen Street 1951 Evergreen Street, La Verne, CA 91750
More about this Building
1951 Evergreen Street
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About Lordsburg


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