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$4,650,000
New Listing

516 Evergreen Street
Inglewood, CA 90302

For Sale|Residential Income|Active
26
Beds
26
Total Baths
14,610
SqFt
$318
/SqFt
1963
Built
County:
Los Angeles
Listed by Jonathan Weir of Marcus & Millichap [email protected]
Call Now: 760-855-4179
Is this the listing for you? We can help make it yours.
760-855-4179
516 Evergreen Street516 Evergreen Street516 Evergreen Street516 Evergreen Street
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Monthly Payment (Est.)

$21,215
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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.

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Listing Snapshot
Price 
$4,650,000
Days On Site 
0 Days
Bedrooms 
26
Inside Area (SqFt) 
14,610 sqft
Total Baths 
26
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3265 Acres
Year Built 
1963
MLS® Number 
26731603
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS®
14 hours agoListing first seen on site
General Features
Acres 
0.3265
Levels 
Two
Number Of Stories 
2
Parking 
Private
Parking Spaces 
16
Special Circumstances 
Standard
SqFt Total 
14610
Zoning 
INR3YY
Interior Features
Appliances 
DisposalRefrigerator
Heating 
Wall Furnace
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Community Features
MLS Area 
101 - North Inglewood


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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