Active

517 Evergreen ST

INGLEWOOD CA, 90302

$4,095,000


$338.77 per sqft

Active

4 Beds

5 Baths

12,088 sqft

Multi-family

Built in 1962

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.

PW24194300MR

MLS ID

September 6, 2024

Listed

October 2, 2024

Updated

Map

517 Evergreen ST
INGLEWOOD CA, 90302

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

5


Laundry Description

Community


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

North Inglewood


Days on Market

1


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

Listed by Steven Bogoyevac with Steven M. Bogoyevac, Broker
Listing Contact: 562-257-1231 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Christie’s International Real Estate Southern California shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/2/2024

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