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
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©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 10/2/2024