850 Centinela AVE Pending Save Request In-Person Tour Request Virtual Tour
Inglewood,CA 90302
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 5,844 sqft
Price per Sqft $367
MLS Listing ID SB24185401
Year Built 1955
Lot Size 0.274 Acres
Property 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
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR3*
Rooms
Ensuite Laundry Common Area,Electric Dryer Hookup,Gas Dryer Hookup
Interior
Laundry Location Common Area,Electric Dryer Hookup,Gas Dryer Hookup
Heating Wall Furnace
Fireplaces Type Bath,Gas,Kitchen,Living Room
Inclusions All Applicance
Laundry Common Area,Electric Dryer Hookup,Gas Dryer Hookup
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Street Lights,Sidewalks,Urban
Utilities Available Electricity Available,Electricity Connected
Building
Lot Description 6-10 Units/Acre
Story 1
Sewer Public Sewer
Water Private
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard