$4,095,000
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517 Evergreen Street Inglewood, CA 90302
Mixed Use
Residence
Beds
Baths
12,088
Sq. Ft.
0.34
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 construc...tion 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.
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MLS#
PW24194300
Property Type
Mixed Use
Status
Year Built
1962
Square Feet
12,088
sq. ft
Lot Size
0.34
Stories
2.0
Sewer
Public Sewer
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Source: Walk Score®
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