$4,650,000

516 Evergreen Street, Inglewood, CA 90302

  • 14,610 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $318/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

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.

Listing Status:
Active
Date Added:
April 13, 2026
Data Last Updated:
April 17, 2026 at 3:09PM
Listing Office:
Marcus & Millichap : 424-405-3900
Listing Agent:
Jonathan Weir : 424-405-3855
MLS ID:
CL26731603
  • A/C: None
  • Heating: Wall Furnace
  • Parking: Private
  • County: Los Angeles
  • Zoning: INR3YY4017004025

This listing courtesy of Jonathan Weir , Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

La Tijera K-8 Charter School Academy of Excellence

1415 N La Tijera Blvd, Inglewood, CA, 90302

Grades KG-8

0.37 miles away

L

La Tijera K-8 Charter School Academy of Excellence

1415 N La Tijera Blvd, Inglewood, CA, 90302

Grades KG-8

0.37 miles away

C

City Honors International Preparatory High School

120 W Regent St, Inglewood, CA, 90301

Grades 9-12

1.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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