516 Evergreen St, Inglewood, CA 90302
- $6,000,000
- 26
- BD
- 26
- BA
- 14,610
- SqFt
- List Price
- $6,000,000
- MLS#
- 23-302403
- Year Built
- 1963
- Bedrooms
- 26
- Bathrooms
- 26
- Living Sq. Ft
- 14,610
- Lot Size
- 14,219
- Days on Market
- 36
- Property Type
- Multifamily
- Stories
- 2
Property Description
Desirable Unit Mix of One-, Two-, and Three-Bedrooms, including Two Townhomes * Large Central Courtyard and Grassy Backyard *Large Units Averaging Approximately 913 SF each *11 out of 16 Units have been Renovated; plus One is Partially Renovated *Assumable Fixed Rate Loan: 3.54% interest rate *Convenient access to SoFi Stadium, Hollywood Park, the Forum and the Intuit Dome (coming Fall 2024), and Centinela Hospital Medical Center * Rents shown are averages *PART OF AN 11-PROPERTY PORTFOLIO totaling 221 units, all located in prime LA County locations, including Inglewood (9 properties); Hawthorne (1 property); and Beverly Hills adjacent (1 property). The properties Can be Purchased Together, Individually, or In Any Combination. The Portfolio offers an attractive selection of one-, two-, and three-bedroom units, with spacious units averaging nearly 1,000 SF. There is tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Attractive fixed rate assumable financing with an average interest rate of 3.72% is available. *See Property website for OMs, rent rolls and other information for ALL Properties.
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Additional Information
- Other Buildings
- None
- Heat
- Other
- Cooling
- None
- Number of Cars in Garage
- Subterr Side by Side
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Courtesy of , Adrienne Barr - CA DRE#
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