$4,650,000
516 Evergreen Street, Inglewood CA 90302
Multi-Family (16 Units)
Property type
51 days
On market
$318
Price per sqft
N/A
Garage
1963
Year built
14,223 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Jonathan Weir DRE #02038545 424-405-3855, Marcus & Millichap
Listing updated: Apr 21, 2026 at 07:19am.
Last checked: Jun 5, 2026 at 05:31pm
Source: CRMLS #26731603
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 3 | 2 | — | $2,660 | $2,660 | $2,995 | Unfurnished |
| 7 | 2 | 2 | — | $2,178 | $2,178 | $2,407 | Unfurnished |
| 1 | 2 | 1 | — | $2,350 | $2,350 | $2,350 | Unfurnished |
| 6 | 1 | 1 | — | $1,753 | $1,753 | $1,995 | Unfurnished |
# of Buildings: 1
# of Units Total: 16
Disposal: 16
Refrigerator: 16
Financial Snapshot
Gross Rent Multiplier
11.6x
List Price / Annual Gross Rent
Cap Rate
5.38%
NOI / List Price
Net Operating Income: $250,340
Interior
Cooling: None
Heating: Wall Furnace
Appliances: Disposal, Refrigerator
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Private
Parking Total: 16
Lot Information
Land Lease: No
Parcel #: 4017004025
Zoning: INR3YY
Lot Size Dimensions: 75x190
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 516 Evergreen Street, Inglewood, CA 90302. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,720,000
Total Interest
$4,744,655
Total Payment
$8,464,655
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$28,507
per month
Property History for 516 Evergreen Street
Inglewood Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90302.
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