516 Evergreen Street Inglewood, CA $ 4,650,000
516 Evergreen Street
$ 4,650,000
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516 Evergreen Street

Inglewood, CA, 90302
$ 4,650,000
Bedrooms26 Baths6.0 Sq 14,610

Monthly Estimate*

$ 28,631

Listed by Marcus & Millichap
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Multi-Family Home for sale in Inglewood, CA

for $4,650,000 with 26 bedrooms and 6 full baths. This 14,610 square foot home was built in 1963 on a lot size of 0.3265.

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.

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Multi-Family Active

Price

$ 4,650,000

Bedrooms

26

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3265

Year Built

1963

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

26731603

Days on Market

4

Features
General
Living Area 14610
Heating Wall Furnace
Cooling None
Appliances Disposal Refrigerator
Zoning INR3YY
Year Built 1963
Stories Count 2
Levels Two
Gross Income 401239
County Los Angeles
Net Operating Income 250340
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Evergreen St & W Beach Ave
City Inglewood
Senior Community Y/N false
Number Of Units Total 16
MLS Area 101 - North Inglewood
Lot Size Units Square Feet
Lot Size Square Feet 14223
Standard Status Active
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 26
Total Baths 26
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Exterior
Parking Features Private
Total Parking 16
Lot Size Area 14223
Number of Buildings 1
Building Area Total 14610
Lot Dimensions 75x190
Lot Size Acres 0.3265
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* Excluded Features
List By
Marcus & Millichap

Broker

jweir@marcusmillichap.com

Email

Affordability Calculator

$28,631
Per Month
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Monthly Principal & Interest
$28,631
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2026$4,650,000 Listed Price

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516 Evergreen Street, Inglewood, CA, 90302 is a Multi-Family Home for sale at $4,650,000 with 14,610 sqft and a lot size of 0.3265. 516 Evergreen Street has 26 bedrooms, 6.0 baths, and was built in 1963. The property's zip code is 90302 which is in Inglewood, CA