850 Centinela Avenue
Inglewood, CA 90302
0.27 acres | #SB24185401
Description
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
Property Details
- Lot DescriptionSixToTenUnitsAcre
- Stories1
Measurements
- Acres0.2744
Parking
- Parking Spaces8
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1955
Utilities / Energy Details
- Utility FeaturesElectricityAvailable, ElectricityConnected
- Sewer InformationPublicSewer
- Utility SourcePrivate
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$2,150,000
Other
- MLS #SB24185401
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Henry Liao (#sbliaohen)
Listing Office: Henry Liao (#sb1326830)
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