Inglewood, CA 90302,1129 Centinela AVE
Inglewood, CA 90302,1129 Centinela AVE
Inglewood, CA 90302,1129 Centinela AVE
13
$4,380,000
$4,500,000
2.7%
Est.Price: ?

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0.58 Acres Lot

1129 Centinela AVE Inglewood, CA 90302

Est. payment /mo
SOLD DATE : 07/31/2023

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Key Details

Sold Price $4,380,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23019619

Sold Date 07/31/23

HOA Y/N No

Year Built 1937

Lot Size 0.578 Acres

Property Description

1129 Centinela Ave in Inglewood, CA is a massive 24-unit gated complex in NW Inglewood boasts a unit mix of one (12) 1-bed/1-bath units and (12) studio units (all single story). The buildings consist of 9,666 SF of living space and is situated on a large 25,185 SF lot (Zone C2) with 14 garages and 8 additional parking spots onsite. The property is available for only $187,500/unit, and currently operating at a 5.10% CAP and 11.90 GRM, with significant upside in market rent potential (6.56% CAP & 10.06 GRM). 1129 Centinela also offers ADU potential with the number of garages onsite - or with the size of the lot, a future development of the entire site (buyer to verify ADU/dev. potential). Located within close-proximity to the new So-Fi stadium site, 105 & 405 FWYs, and many restaurants & retailers, this is a great value-add opportunity for any investor.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INC2

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Spaces 14.0

Garage Description 14.0

Pool None

Community Features Sidewalks

Total Parking Spaces 22

Private Pool No

Building

Lot Description Paved

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4016005003

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc. • 3104259838
Bought with Brett Lyon • Lyon Stahl Investment Real Estate, Inc.

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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