525 Evergreen St, Inglewood, CA 90302

525 Evergreen St, Inglewood, CA 90302

Inglewood, CA

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!

Property Features

  • Sale Price: $1,055,000
  • Area Size: 4160 SF
  • Land Area: 6065 SF
  • Year Built: 1961
  • Listing Date: 2/11/2020
  • Closing Date: 7/13/2020
  • Units: 4
  • Current NOI: 56,633

Lyon Stahl Investment Real Estate

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