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Investment Highlights

  • $1,595,000: TURN-KEY CONDITION!
  • Unit Mix: (1) 3-bed/2-bath & (3) 2-bed/2-bath units
  • Tenants Enjoy: Central AC/heat, private patios & balconies, onsite laundry & onsite carport parking with storage
  • Recent Improvements: New main water & sewer line, newer roof, copper plumbing, updated interiors and new exterior paint
  • 4,336 rental sq. ft. | 7,733 sq. ft. lot
  • Prime La Verne location near prestigious schools, restaurants & shopping

Executive Summary

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.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,197,910 CAD
Price Per Unit $549,478 CAD
Sale Type Investment
Cap Rate 4.84%
Gross Rent Multiplier 14.25
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.18 AC
Building Size 4,336 SF
Average Occupancy 100%
No. Stories 2
Year Built 1965
Parking Ratio 0.92/1,000 SF
Zoning LVPR15A*

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Heating
  • Patio

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 3 $2,987 CAD 750
3+2 1 $3,914 CAD 900
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
8375-002-022
Land Assessment
$731,172 CAD
Improvements Assessment
$1,316,110 CAD
Total Assessment
$2,047,282 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 41748056

  • Date on Market: 2026-08-14

  • Last Updated:

  • Address: 1960 Evergreen St, La Verne, CA 91750

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