517 Evergreen Street Active Save Request In-Person Tour Request Virtual Tour
Inglewood,CA 90302
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 12,088 sqft
Price per Sqft $338
MLS Listing ID PW-24194300
Year Built 1962
Lot Size 0.345 Acres
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 & 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.
Location
State CA
County Los Angeles
Zoning INR3YY
Interior
Heating Radiant
Laundry Community
Exterior
Parking Features Gated
Garage Spaces 13.0
Pool Private,In Ground
Community Features Suburban
Building
Lot Description Lot 10000-19999 Sqft
Sewer Public Sewer