517 Evergreen Street , Inglewood, CA 90302
Inglewood, CA 90302
Description
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
| Mls | PW24194300 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Subtype | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 83 |
| Listing Provided By | Steven M. Bogoyevac, Broker 562-436-5800 | Steven Bogoyevac |
Features
| Sq Feet | 12,088 |
|---|---|
| Garage | 13 |
| Pool | Yes |
| Storys | 2 |
| Units | 13 |
| Buildings | 1 |
| Zoning | INR3YY |
| Acreage | 0.34 |
Market Activity 90302
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90302 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90302) | |
Price: $4,095,000 low | high Med: $440,000 SqFt: 12,088 low | high Med: 911 $ / SqFt: $339 low | high Med: $483 On Site: 83 low | high Med: 57.500000 | |
