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$4,530,000
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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.
Full Property Details
Full Property Details for 516 Evergreen St
General
- Sold For: $4,530,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26731603
- Added to Site: 95 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 26
Bedrooms
- Total Bedrooms: 26
Additional Information
- Other Features: None
Parking
- Garage Description: Private Garage
Location
- Area: North Inglewood
- County: Los Angeles
- Driving Directions: Evergreen St & W Beach Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 14,610
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1963
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 16
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1.5
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.3265
- Lot Size: 14223
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 75 x 190
- Zoning: INR3YY
Financial Considerations
- Price Per Sq. Ft.: $318.28
- Assessment Year: 1963
Disclosures and Reports
- Disclosures/Reports: None
- APN: 4017-004-025
Listed by Marcus & Millichap, Jonathan Weir
Sold by Swami International, John Barbie
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Schools
Schools serving 516 Evergreen St
School District:Inglewood Unified School District
| Name | Grades | Distance |
|---|---|---|
Parent (Frank D.) Elementary School 5354 West 64th Street, Inglewood, CA 90302 | K-8 | 0.6 mi |
Inglewood High School 231 South Grevillea Avenue, Inglewood, CA 90301 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 516 Evergreen St
Date
Details
Price
Change
Source
6/16/2026
Sold
$4,530,000
-2.58%
MLS
4/13/2026
Listed
$4,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
516 Evergreen St, Inglewood, CA 90302 (MLS# 26731603) is a Multi-Family property that was sold at $4,530,000 on June 16, 2026. Want to learn more about 516 Evergreen St? Do you have questions about finding other Multi-Family real estate for sale in Inglewood? You can browse all Inglewood real estate or contact a Coldwell Banker agent to request more information.

