$4,530,000
$4,650,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
26 Beds
26 Baths
14,610 SqFt
SOLD DATE : 06/16/2026
Key Details
Sold Price $4,530,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,610 sqft
Price per Sqft $310
MLS Listing ID 26731603
Sold Date 06/16/26
Bedrooms 26
Year Built 1963
Lot Size 0.327 Acres
Acres 0.3265
Property Sub-Type Multi-Family
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.
Location
State CA
County Los Angeles
Area North Inglewood
Zoning INR3YY
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Range/Oven, Refrigerator, Garbage Disposal
Exterior
Parking Features Private Garage
Garage Spaces 16.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Swami International
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