Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Heating YN

    YES

  • Heating

    Radiant

Exterior

  • Garage

    Yes

  • Garage spaces

    13

  • Pool

    Yes

  • Pool Features

    Private, In Ground

Area & Lot

  • Lot Size(acres)

    0.3447

  • Property Type

    Residential Income

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $3,800,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    206

  • Water Source

    Public

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Steven Bogoyevac , Steven M. Bogoyevac, Broker

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Marcus & Millichap is pleased to present to market 517 Evergreen Street, a 13-unit apartment building in Inglewood, California. 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 20 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.

517 Evergreen Street

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Related Properties

The property is located in a well sought area of Inglewood. It comes with a diverse mix of well maintained units and represents some of the best buildings in the city, showing pride of ownership. 

Additional Properties Also Available

Three other properties are also for sale and can be purchased individually or as a portfolio:

• 12 units at 530 W Olive Street, Inglewood

• 12 units at 511 Venice Way, Inglewood

• 6 units at 717 N. Market St, Inglewood

In total, 41 out of 46 units have been fully remodeled to condo-quality standards. The entire portfolio offers a hassle-free, low-maintenance, turnkey operation with a strong track record of minimal vacancy, low tenant turnover, and consistent 100% rent collection.

Parking

Ample parking is available. Typically, one-bedroom units include one parking space, while two- to four-bedroom units come with two spaces each.
#SB25078554

Inglewood

404 E Hyde Park Boulevard

None Beds

None Baths

13,535 Sq.Ft.

$4,495,000

MLS#: SB25078554

A beautifully remodeled apartment building located on a quiet street in Inglewood is now for sale. The property consists of 12 mixed units, each averaging approximately 1,000 square feet. Situated just south of Manchester Boulevard in a primarily residential neighborhood, these high-quality units are designed to appeal to the area's most discerning renters.



In addition to this property, three more buildings are also available for sale. These properties can be sold individually or as part of a portfolio:



16 units at 404 E. Hyde Park, Inglewood

12 units at 511 Venice Way, Inglewood

6 units at 717 N. Market Street, Inglewood



Out of the 46 total units across all properties, 41 have been fully remodeled to condo-quality standards. This portfolio offers a turnkey, low-maintenance investment opportunity, with a strong track record of minimal vacancy, low tenant turnover, and 100% rent collection.



Ample parking is available. Typically, one-bedroom units include one parking space, while two- to four-bedroom units come with two parking spaces each.
#SB25078572

Inglewood

530 W Olive Street

None Beds

None Baths

11,886 Sq.Ft.

$3,495,000

MLS#: SB25078572

 - property

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