Closed | Amazing 4-Unit Investment Opportunity in Inglewood
Stephen Takahashi and Johnnie Stiegler of Lyon Stahl are pleased to have closed 525 Evergreen St, a 4-Unit property in a great pocket of Inglewood near the new NFL stadium/LAX.
This property sold for $1,055,000.
525 Evergreen St has stable in-place rents and is being offered at a 4.97% CAP rate. This is a great investment to either continues to hold long term, owner occupies, or even add value with over 20% upside in rents.
The subject property is located in a great pocket of Inglewood near the new NFL Stadium/LAX and tenants enjoy the close proximity to the 405 freeway and local retailers.
Adjacent to Westchester, an owner can expect a large tenant pool for 525 Evergreen because of a great unit mix of (1)3 bedroom/2 bath, (2) 2 bedroom/1.5 bath, and (1) bedroom/1 bath with each unit averaging over 1,000 sq ft!
For More Information on this Property:
For Future Listings, Contact:
Stephen Takahashi: [email protected]
Johnnie Stiegler: [email protected]