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Multifamily

517 Evergreen St

517 Evergreen St, Inglewood, CA 90302

Listing Price: $4,649,000

Cap Rate
3.30%
Number of Units
13
Price/Unit
$357,615
Price/Gross SF
$384.60
Gross SF
12,088

Investment Overview

Attractive 13 unit in a highly sought-after submarket of Inglewood - easy access to La Cienega, The South Bay and Greater LA. Large palms and nicely manicured landscaping fronts the secured, courtyard-style property. The tenants enjoy ample carport-parking behind a secured-access front gate. Most of the 1 Bed units have a den, as well - evident in the 929 sq. foot average unit size. A savvy investor can not only raise, the below market, in-place rents, but BOOST the income over 20% with the addition of 3 ADUs!

Investment Highlights

  • Attractive property in Inglewood's most desirable submarket
  • Secured "Garden-Style Courtyard" building around a sparkling pool
  • Most rents eligible for immediate increase
  • Written estimate for 3 ADUs in hand, 16 unit potential
  • Over 20% increase in gross income with ADU addition

Exclusively Listed By

Financing By

Multifamily

517 Evergreen St

Listing Price: $4,649,000

Cap Rate
3.30%
Number of Units
13
Price/Unit
$357,615
Price/Gross SF
$384.60
Gross SF
12,088

Investment Highlights

  • Attractive property in Inglewood's most desirable submarket
  • Secured "Garden-Style Courtyard" building around a sparkling pool
  • Most rents eligible for immediate increase
  • Written estimate for 3 ADUs in hand, 16 unit potential
  • Over 20% increase in gross income with ADU addition

Investment Overview

Attractive 13 unit in a highly sought-after submarket of Inglewood - easy access to La Cienega, The South Bay and Greater LA. Large palms and nicely manicured landscaping fronts the secured, courtyard-style property. The tenants enjoy ample carport-parking behind a secured-access front gate. Most of the 1 Bed units have a den, as well - evident in the 929 sq. foot average unit size. A savvy investor can not only raise, the below market, in-place rents, but BOOST the income over 20% with the addition of 3 ADUs!

Exclusively Listed By

Financing By

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