1230 N Evergreen Avenue, Los Angeles, CA 90033

Great apartment building with huge value added potential and strong current income. Buyer has the opportunity to add 4additional ADUs to create a total of 12 units. The Seller completed a feasibility analysis and some preliminary architectural drawings which are available to Buyer. The proposed ADUs are 2 new construction in the existing parking lot, and 2 tuck unders which will simultaneously satisfy the retrofit requirement. Currently, the asset has more than usual parking at 22 parking spots. The mix of all 2+1’s is perfect for Boyle Height demographics of larger families. The asset is in great condition complete with hillside views and was well maintained over the years by the ownership.