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$4,095,000

Beds
Unknown
sq ft
Unknown

517 Evergreen St, Inglewood, CA 90302

517 Evergreen St

Inglewood, CA 90302

  • 96 days on market
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.

Details

Property type

Mixed Use

Lot size

0.3447 acres

Price per sq ft

Unknown

Year built

1962

Price History

09/18/2024
CRMLS

CRMLS #PW24194300

Listed
$4,095,000
+56.52%
08/29/2016
CRMLS

CRMLS #SB16076123

Sold
$2,616,300

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

Status: Active

Tomo last checked: 12/22/2024 at 10:55 PM

Listing updated: 12/04/2024 at 6:00 PM

Listed by: Steven Bogoyevac, Steven M. Bogoyevac, Broker Phone #: (562) 436-5800

MLS: CRMLS #PW24194300

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