Active
517 Evergreen Street
Inglewood CA, 90302
$4,095,000
$338.77 per sqft
Active
12,088 sqft
Multi-family
Built in 1962
Listed by Steven Bogoyevac with Steven M. Bogoyevac, Broker [email protected]
This offering presents a great opportunity for an investor to acquire an asset with a strong unit mix, great Centinela Heights location, and potential to add value by developing three ADU's (buyer to verify) and capturing 18 percent upside in current rents.
517 Evergreen Street is a 1962 construction with a desirable mix of one studio, one standard one-bed/one-bath unit, six oversized one-bed/one-bath units with dens, and five two-bedroom/two-bath units. An investor could potentially develop two studio ADU's and one one-bed/one-bath ADU (buyer to verify). The property boasts an amenities package that includes a pool, on-site laundry, ample covered parking, controlled access, and attractive landscaping.
This asset is located in Inglewood's desirable Centinela Heights neighborhood near the intersection of Centinela Avenue and La Cienega Boulevard. Tenants enjoy easy walking distance to a Smart & Final Grocery Store and convenient proximity to numerous retailers, including Ralphs, Bath & Body Works, Chipotle, Yogurtland, Ross Dress for Less, Panda Express, Chick-Fil-A, CVS, Marshalls, and many others. Furthermore, the 405 Freeway is just a mile away, making this an excellent rental option for commuters.
PW24194300
MLSⓇ ID
September 18, 2024
Listed
October 4, 2024
Updated
Map
517 Evergreen Street
Inglewood CA, 90302
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Radiant
Exterior/Building Features
Lot Size
0.34 Acres
Sewer
Public Sewer
Other Property Details
Area Name
101 - North Inglewood
Garage
Yes
Garage Spaces
13
Parking Total
13
View
No
County
Los Angeles
Water Source
Public
Pool
Yes
Pool Features
In Ground, Private
Zoning
INR3YY
Listing Contact: 562-436-5800
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/4/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/4/2024 at 2:05 AM UTC