Sold

850 Centinela AVE

INGLEWOOD CA, 90302

$2,225,000


$380.73 per sqft

Sold

3 Beds

2 Baths

5,844 sqft

Multi-family

Built in 1955

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

SB24185401MR

MLS ID

September 12, 2024

Listed

November 22, 2024

Updated

Map

850 Centinela AVE
INGLEWOOD CA, 90302

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

2


Laundry Description

Community, Gas Or Electric Dryer Hookup


Fireplace

Yes


Fireplace Description

Bath, Gas, Kitchen, Living Room


Cooling

No


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.27 Acres


Sewer

Public Sewer

Other Property Details

Area Name

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

11/21/2024

Sold

$2,225,000

10/1/2024

Pending

Listed by Henry Liao with Henry Liao
Listing Contact: 310-968-7871 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Highland Premiere Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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