Property Description

I am pleased to present 525 Evergreen St in Inglewood California. This beautiful 4 unit apartment offers an excellent unit mix of a 3 bedroom/2 bath, one 1 bedroom/1 bath unit, and two (2) 2 bedroom/1.5 bath units. Tenants enjoy the close proximity to the 405 freeway and various restaurants and retail options within walking distance. This is the perfect opportunity for an owner user/investor because it is adjacent to Westchester and very close to the new $2.5 billion NFL stadium. Only the one bedroom will be delivered vacant (please do not ask about the others). The subject property is offered at a 4.75% CAP rate on current rents and offers 20% upside in the rents!