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516 Evergreen StreetInglewood, CA 90302

For Sale

$4,650,000

Smart Buyer Rebate $46,500

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.

Last updated April 21, 2026

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Source: CRMLS #26731603

Listing Facts

  • TypeMulti-family
  • NeighborhoodCentinela Heights
  • Bedrooms26
  • Days on Prevu18
  • Size14,610 sqft
  • Price per sqft$318

Amenities

  • Parking

Location

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Listing History

04/13/2026
Listed by Marcus & Millichap
$4,650,000

Property Details for 516 Evergreen Street

Exterior

Construction

  • Number Of Units Total: 16
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1963

Measurements

  • Building Area Total: 14,610
  • Lot Size Acres: 0.32
  • Lot Size Area: 14,223
  • Lot Size Dimensions: 75,190
  • Lot Size Square Feet: 14,223
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $401,239.00

Taxes

  • Parcel Number: 4017004025

Interior

Features

  • Appliances: Disposal, Refrigerator

Measurements

  • Living Area: 14,610

Rooms

  • Bathrooms Total Integer: 26
  • Bedrooms Total: 26

Parking

Parking

  • Parking Features: Private
  • Parking Total: 16

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 26 bedrooms in this multi-family home at 516 Evergreen Street.

Does this multi-family home have parking?

Yes, there are 16 parking spaces available for 516 Evergreen Street.

How does 516 Evergreen Street compare to other multi-family homes in Centinela Heights?

This multi-family home is listed 108% above the average price for multi-family homes in Centinela Heights and has been on the market for 14 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 14,610 sqft.

516 Evergreen Street is a 26-bedroom multi-family home for sale in Inglewood CA 90302. Available on Prevu for 18 days at $4,650,000. This home features 14,610 square feet of living space, located in Centinela Heights. The median listing price for multi-family homes in this area is $510,000. Property amenities include parking. Browse more multi-family home listings in Inglewood.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.