Pending

850 Centinela Avenue

Inglewood CA, 90302

$2,150,000


$367.90 per sqft

Pending

5,844 sqft

Condo

Built in 1955

Listed by Henry Liao with Henry Liao 310-968-7871

Henry Liao is proud to present 850 & 902 Centinela Ave, Inglewood, California. This well-maintained, newly improved, exceptional turnkey investment opportunity consists of side by side Two (2) - four plex unit apartment buildings in the city of Inglewood. The buildings are identical in size and are effectively are mirror images. The buildings were constructed in 1955 and are each located on separate assessors' parcels, with combined building size of 5,844 SF and total 11,990 SF lot sizes. Each four plex consists of one (1) 2 bed/1 bath unit, and three (3) 1 bed/1bath units. The units are larger than other similar units in this area. The property also has four (4) outdoor parking spaces and four (4) single garage, and two (2) double garage parking spaces for a total of twelve (12) parking spaces. This a part of the investment portfolio includes 811 Centinela, Inglewood CA, 90302.


850 & 902 buildings are located on a separate assessors' parcel, these units meet the criteria for buildings consisting of 1-4-unit or less pursuant to the City of Inglewood's rent control Ordinance.
Assumable Loan until 05/2027 @ 3.58%
Large rent upside potential
Potential of additional 2 ADU
Highly desirable area in Inglewood
Great unit mix of (2) 2-bed/1 bath and (6) 1 bed/1 bath units
On site laundry facility
Exceptionally well-maintained asset
New Roof 2023
New heater for all units 2022
Newer windows and stuccos
Total twelve (12) onsite parking spaces
six (6) garages with total of eight (8) garaged parking space & four (4) exterior parking spaces + possible 4 more parking space
3 out of 8 units has been fully remodeled
902 Centinela #1, remodeled in 2021
902 Centinela #2, remodeled in 2021
850 Centinela #4, remodeled in 2023

SB24185401

MLS ID

September 17, 2024

Listed

October 4, 2024

Updated

Map

850 Centinela Avenue
Inglewood CA, 90302

Interior Features

Total Stories

1


Laundry Description

Common Area, Electric Dryer Hookup, Gas Dryer Hookup


Fireplace

Yes


Fireplace Description

Bath, Gas, Kitchen, Living Room


Cooling

No


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.27 Acres


Lot Features

6-10 Units/Acre


Sewer

Public Sewer

Other Property Details

Area Name

101 - North Inglewood


Days on Market

13


Garage

Yes


Garage Spaces

8


Parking Total

8


View

No


County

Los Angeles


Water Source

Private


Pool

No


Pool Features

None


Zoning

INR3*

Listing History

Date

Event

Price

10/1/2024

Pending

Listing Contact: 310-968-7871 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/4/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/4/2024 at 2:21 AM UTC

 

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