CA > Inglewood
Inglewood, CA 90302,850 Centinela AVE
Inglewood, CA 90302,850 Centinela AVE
Inglewood, CA 90302,850 Centinela AVE
Inglewood, CA 90302,850 Centinela AVE
Inglewood, CA 90302,850 Centinela AVE
Inglewood, CA 90302,850 Centinela AVE
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Valerie Condon

Valerie Condon

+1(562) 400-5340
$ 2,150,000
Est. payment | /mo

5,844 SqFt

Save
$ 2,150,000
Est. payment | /mo
Save

5,844 SqFt

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

HOA Y/N No

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

Fireplace Yes

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

Total Parking Spaces 8

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Private

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4014031030

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Henry Liao • Henry Liao • 310-968-7871

GET MORE INFORMATION

Valerie Condon

Partner | Lic# 680245

+1(562) 400-5340

6621 East Pacific Coast Highway 150, Beach, CA, 90803

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850 Centinela AVE