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
Baths0.0 Sq 14,610

Monthly Estimate*

$ 28,631

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Studio

Multi-Family Home for sale in Inglewood, CA

for $4,650,000. This 14,610 square foot home was built in 1963 on a lot size of 0.33.

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

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.33

Year Built

1963

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

0026731603

Features
General
Living Area 14610.0
Heating Wall Furnace
Zoning INR3YY
Pool Features Private
Year Built 1963
Levels Two
County Los Angeles
Net Operating Income 250340.0
New Construction No
Property Type C
HOA No
Status Active
City Inglewood
Senior Community Y/N No
MLS Area 101 - North Inglewood
Lot Size Units Square Feet
Lot Size Square Feet 14223.0
Standard Status Active
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Interior
Kitchen Appliances Disposal Refrigerator
Total Stories 2
Air Conditioning Y/N No
Heating Y/N Yes
Total Baths 0
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Exterior
Lot Size Area 14223.0
Foundation Details None
Pool Y/N? Yes
Building Area Total 14610.0
Lot Dimensions 75x190
Lot Size Acres 0.33
Land Lease Type Fee
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* Excluded Features
List By
Jonathan Weir

Listing Agent

Marcus & Millichap

Broker

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
793437 Elementary School
793428 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 0.33. 516 Evergreen Street is a studio with 0.0 baths and was built in 1963. The property's zip code is 90302 which is in Inglewood, CA