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448 S Evergreen, East Los Angeles, California 90033, East Los Angeles, 90033 - bed, bath

448 S Evergreen, East Los Angeles, California 90033 home-pic-0
ACTIVE$949,999
448 S Evergreen, East Los Angeles, California 90033
0Bed
0Bath
1,672Sqft
5,545Lot
Year Built
1924
Close
-
List price
$950K
Original List price
$969K
Price/Sqft
$568
HOA
-
Days on market
-
Sold On
-
MLS number
GD25218684
Home ConditionFair
Features
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $950.0K(67th), sqft - 1672(40th), beds - undefined(50th), baths - undefined(50th).

TWO ON A LOT in Prime Boyle Heights! Fantastic opportunity for investors or owner-users with potential to add 1–2 additional units (buyer to verify and satisfy themselves with the City). The front unit is a character-filled 3 bed / 1 bath bungalow featuring high ceilings, indoor laundry, a wraparound porch, and a backyard deck — ideal for relaxing or entertaining. Elevated above street level with drought-tolerant landscaping for added privacy and curb appeal. The rear unit is a 2 bed / 1 bath located above the garage/storage area and has been fully renovated — clean, modern, and move-in ready. The lower level offers additional upside with potential for ADU conversion or future development (buyer to verify and satisfy themselves with the City). Centrally located near schools, shops, and public transit. Live in one and rent the other, or explore development options to maximize income. Best of all, both units will be delivered vacant at the close of escrow.

Price History

Date
Event
Price
12/03/25
Price Change
$949,999-1.6%
11/19/25
Price Change
$964,999-0.4%
09/19/25
Listing
$969,000
Condition Rating
Fair
This property, built in 1924, presents a mixed condition. The rear unit is described as 'fully renovated' and appears modern with white shaker cabinets, newer appliances, and updated flooring, aligning with a 'good' condition. However, the front unit, while 'character-filled,' shows significant signs of age and outdated features. Its kitchen is very basic with an older stove, no built-in microwave or dishwasher, and open shelving. The bathroom is functional but dated with an older vanity light and simple fixtures. Flooring in the front unit shows wear, and only a window AC unit is visible, suggesting a lack of central cooling. While the property is maintained and one unit is updated, the overall condition is pulled down by the very dated primary unit, requiring more than minor updates to meet modern standards, particularly in the kitchen and bathroom.
Pros & Cons

Pros

Income Potential & Flexibility: As a duplex ('Two on a Lot') delivered vacant, it offers immediate income generation or owner-occupancy with rental income, appealing to both investors and owner-users.
Significant Development Upside: The property presents substantial potential for adding 1-2 additional units or ADU conversion, maximizing future income and property value.
Prime & Convenient Location: Situated in 'Prime Boyle Heights,' it boasts central proximity to schools, shops, and public transit, enhancing its appeal and convenience.
Mix of Renovated & Character Units: Features a fully renovated, move-in ready rear unit alongside a character-filled front bungalow with desirable features like high ceilings and a wraparound porch.
Vacant Delivery: Both units will be delivered vacant at close of escrow, providing immediate flexibility for new owners to occupy, rent, or begin development without tenant-related delays.

Cons

Age of Construction: Built in 1924, the property is nearly a century old, which may imply potential for deferred maintenance, outdated systems, or higher renovation costs for the older unit.
Buyer Due Diligence for Development: The responsibility for verifying and satisfying city requirements for additional units or ADU conversion falls entirely on the buyer, introducing uncertainty and potential costs.
Recent Price Reductions: Multiple price adjustments from the original listing price may indicate an initial overvaluation or a need to attract more buyer interest, potentially signaling market resistance at higher price points.

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