540 Evergreen Street 17, Inglewood, California 90302, Inglewood, 90302 - 1 bed, 1 bath
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540 Evergreen Street 17
Inglewood, California 90302
ACTIVE
CONDITION: POOR
1Beds
1Baths
656Sq Ft
22,248Lot Size
Property Price
LIST PRICE$325,000
EST. MARKET VALUE
$288,869
12% AboveMARKET VALUE
SUMMARY
This garden-style condominium presents a High-Potential Investment Opportunity with a List Price of $325,000—positioned well above the $288,869 Fair Market Value by -12%. Featuring a Condition Rating of 5, the unit requires significant updates, offering a clear path to forced appreciation through renovation. Amenities include a community pool, subterranean parking, and private balcony. Located in a prime Inglewood pocket, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic cosmetic improvements.
Estimated Market Value
$288,869
Based on Realkey algorithm analyzing recent comparable sales in Inglewood.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 540 Evergreen Street 17 Subject | $325,000* List Price | 1 | 1 | 656 | $440 | - |
A 719 N Eucalyptus Avenue 6a Sold | $319,900 | 1 | 1 | 717 | $446 | 0.6 mi |
B 500 Evergreen Street 306 Active | $319,000 List Price | 1 | 1 | 726 | $439 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1963 (61 years old) and explicitly described as needing 'TLC' and updates to create value. Given the age and the agent's note to 'refresh,' the property likely requires a full rehab of the kitchen, bathroom, and systems to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in North Inglewood adjacent to Ladera Heights, the property offers a highly desirable location that balances residential tranquility with proximity to major employment hubs and amenities.
- Value-Add Potential
Priced competitively as an entry-level opportunity, this 'TLC' property allows buyers to build immediate equity by modernizing the space and customizing it to their personal taste.
- Functional Amenities
The unit includes rare urban conveniences such as subterranean parking, a dedicated storage space, and a private balcony overlooking the community pool, enhancing its rental and resale appeal.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The property requires significant cosmetic updates and repairs, which will necessitate additional upfront capital investment beyond the purchase price.
- Limited Square Footage
At just 656 square feet, the compact layout may limit appeal for buyers seeking more spacious living areas or those working from home who require extra office space.
About 540 Evergreen Street 17
This garden style condominium sits within a 21 unit community and offers a great opportunity for buyers. The home features a comfortable living room, dining area, one bedroom, one bathroom, and a private balcony overlooking the community pool. Residents enjoy convenient amenities including a community laundry room, subterranean 1 car parking, and one dedicated storage space. Located adjacent to Ladera Heights in the heart of Inglewood, this condo is ideal for buyers looking to enter the market and personalize a home to their taste. Property needs some TLC, making it perfect for those wanting to update, refresh, and create value.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1963
- Lot Size
- 22,248 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $400.0 / Month
Neighborhood Insights
Inglewood Unified Schools
Parent (Frank D.) Elementary School
Grades K-8 • 0.6 mi
3/10
Inglewood High School
Grades 9-12 • 1.2 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 656 | 1,035.364 |
| Lot Size | 22,248 | 23,040.909 |
| Price | $325.0K | $479.2K |
| Price per sq ft | $495 | $433 |
| Built year | 1963 | 1975 |
| HOA | $400.0 | $387 |
| Days on market | 15 | 120 |
Pricing History
Listed for Sale
Aug 25, 2026
$325,000
Initial Listing