517 Evergreen Street, Inglewood, CA 90302
  • MLS#: PW24194300 ( Commercial/Residential )
  • Street Address: 517 Evergreen Street
  • Viewed: 1
  • Price: $4,095,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 0
  • Days On Market: 70
  • Additional Information
  • County: LOS ANGELES
  • City: Inglewood
  • Zipcode: 90302
  • Provided by: Steven M. Bogoyevac, Broker
  • Contact: Steven Steven
  • California Regional MLS IDX
  • DMCA Notice
  • 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 ADUs (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 ADUs 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 Inglewoods 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.
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Features
Building Area Total
  1. 12088.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Country
  1. US
Days On Market
  1. 18
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 13.00
Heating
  1. Radiant
Insurance Expense
  1. 0.00
Laundry Features
  1. Community
Laundry Income
  1. 3000.00
Levels
  1. Two
Lot Features
  1. Lot 10000-19999 Sqft
Netoperatingincome
  1. 183550.00
Number Of Separate Electric Meters
  1. 13
Number Of Separate Gas Meters
  1. 13
Otherincome1
  1. 1987.00
Parcel Number
  1. 4017002037
Pool Features
  1. Private
  2. In Ground
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 423367691:CRM
Totalexpenses
  1. 121182.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1962
Year Built Source
  1. Assessor
Zoning
  1. INR3YY