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517 Evergreen Street

Inglewood, CA 90302

– beds
– baths
– sqft
15,015 sqft lot
1962 build
– on site

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.

Listed By CRMLS_CA / Steven Bogoyevac / Steven M. Bogoyevac, Broker / steve.bogoyevac@marcusmillichap.com

Last checked: Checking… • Last updated Sep 18, 2024 •

MLS# PW24194300 —

The Building

Year Built:

1962
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

No Common Walls
Building Area Total:

12088.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

13
Stories Total:

2
# of Separate Gas Meters:

13
# of Separate Electric Meters:

13

Interior

Levels:

Two
Entry Location:

1
Laundry:

Community
Laundry:

1

Location

Directions:

South of Centinela between La Cienega and Beach
Latitude:

33.97621800
Longitude:

-118.36843500

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

INR3YY
Lot Features:

Lot 10000-19999 Sqft
Lot Size Area:

15015.0000
Lot Size Acres:

0.3447
Lot Size SqFt:

15015.00
Lot Size Source:

Assessor
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

6013.02
Tax Tract:

652
Tax Lot:

206

The Listing

Special Listing Conditions:

Standard
Parcel Number:

4017002037

Heating & Cooling

Heating:

1
Heating:

Radiant

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Suburban
Pool:

Private, In Ground
Private Pool:

Yes

Parking

Parking Spaces:

13.00
Garage Spaces:

13.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/18/24 Sep 18, 2024	Listed / Active	CRMLS_CA	$4,095,000	56.5% (7.0% / YR)
5/30/23 May 30, 2023	Listed / Active	CRMLS_CA
8/29/16 Aug 29, 2016		CRMLS_CA	$2,616,300

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This multifamily located in North Inglewood, Inglewood, CA 90302 is currently for sale for $4,095,000. 517 Evergreen Street is a – square foot multifamily with – beds and – baths that has been on Estately for 58 days. 517 Evergreen Street is in the North Inglewood neighborhood of Inglewood and has a WalkScore® of 84, making it very walkable. This multifamily is in the attendance area of Frank D. Parent Traditional Elementary School, Inglewood High School, and La Tijera K-8 Charter School Academy Of Excellence.

Listing Courtesy of: CRMLS_CA and Steven M. Bogoyevac, Broker. Based on information from California Regional Multiple Listing Service, Inc. as of 23:59 on Nov 14.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.