Mohr Real Estate Group

Mohr Real Estate Group

517 Evergreen Street Inglewood CA 90302 MLS #PW24194300

517 Evergreen Street
Inglewood, CA, 90302
$4,095,000
Beds
0 Baths
SqFt
0.34 Acres
Add
Add
$4,095,000
517 Evergreen Street
Inglewood, CA, 90302
MLS #PW24194300 img 0

Property 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 &#38' Final Grocery Store and convenient proximity to numerous retailers, including Ralphs, Bath &#38' 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.

Property Details

Price:
$4,095,000
MLS #:
PW24194300
Status:
Active
Baths:
0
Address:
517 Evergreen Street
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
101northinglewood
City:
Inglewood
Listed Date:
Sep 6, 2024
State:
CA
ZIP:
90302
Lot Size:
15,015 sqft / 0.34 acres (approx)
Year Built:
1962

Schools

Interior

Heating
Radiant

Exterior

Community Features
Suburban
Garage Spaces
13.00
Lot Features
Lot 10000-19999 Sqft
Parking Spots
13.00
Pool Features
Private, In Ground
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

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517 Evergreen Street
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