Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

516 Evergreen St, Inglewood, CA, 90302

26beds
26baths
14,610sqft
$4,650,000
$318price/sqft
$30,020/moest. monthly cost
$1,200,800/yrincome needed

About This Home

We are pleased to present 516 Evergreen St, a compelling investment opportunity in one of Inglewood's most dynamic and rapidly evolving submarkets. The 16-unit property offers an exceptional and diverse unit mix consisting of one-, two-, and three-bedroom units, including two townhouse-style residences, appealing to a broad tenant base. Approximately 12 of the 16 units have been renovated, providing strong in-place income with additional upside potential through continued interior upgrades. The property features spacious and highly desirable floor plans averaging approximately 865 square feet, allowing for enhanced tenant retention and the ability to command premium rents. Ideally situated near the 405 Freeway, the asset offers convenient access to major employment hubs throughout Los Angeles, while also being in close proximity to the major retail corridors along Centinela Avenue and La Cienega Boulevard. Combined with its location within a high-growth pocket of Inglewood driven by nearby transformative developments such as SoFi Stadium,Intuit Dome, and Hollywood Park. 516 Evergreen St is well-positioned to deliver both stable cash flow and long-term appreciation. For more information, please reach out.

Getting Around

84
WalkingVery Walkable
42
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

3/10
Inglewood High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1963

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven,Refrigerator,Disposal

Bedrooms & Bathrooms

  • Bedrooms: 26
  • Bathrooms: 26

Heating & Cooling

  • Heating features: Wall
  • Cooling features: None

Interior Area

  • Total structure area: 14,610
  • Total interior livable area: 14,610 sqft

Property

Details

  • Parcel number: 4017004025
  • Zoning: INR3YY
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.33 Acres
  • Lot size dimensions: 75 x 190

Parking

  • Total spaces: 16
  • Parking features: Private Garage
  • Has garage: Yes