631 S Evergreen Avenue, Los Angeles, CA 90023

$599,000

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List Agent Zoltan Peresztegi () Real Brokerage Technologies, I; CoList ()

List Price
$599,000
Status
PENDING
MLS#
PV26170643
Year Built
1920
Lot Size
7,508
Lot Location
16-20 Units/Acre
Days on Market
17
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

Some buildings you can read. This one has been in the same family since the 1940s, and they kept the receipts: $242,786 in repairs and improvements from 2011 through 2025, written out year by year. What that bought is a triplex that got taken care of instead of flipped. Copper repiping. New ABS sewer lines. Water heaters. Earthquake gas shutoff valves and smoke and CO detectors in all three units. A front wall on the back house rebuilt after termite damage. Foundation reinforcement, new windows, exterior prep and paint, and a 6 ft metal fence with two gates across the front. The roof predates 2010 and, per seller, has no history of leaks. In 2022, 633 got a full kitchen, laundry, and hall remodel: new cabinets, granite, sink and faucet, stove hood, flooring, and paint. Two of the three tenancies date to 2006, the third to 2014. Priced on what it collects today, not what it could. Duplex in front, separate house in back, one story each. Each vacancy resets to market on its own timeline, and the 7,508 sq ft LAR2 lot is barely working. Downtown skyline off the block, minutes to the 5, 60, and 101. Buyer to verify rents, permits, square footage, unit configuration, and any development potential with the City.

Additional Information

Taxes
$6,594
Other Buildings
Two On A Lot
Appliances
Gas Range, Range Hood, Water Heater
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Exterior Construction
Stucco
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.