For Sale Multi-Family MLS# 26994483

831 Centinela Avenue

Inglewood, CA 90302

$1,295,000

california-regional-mls-rsd logo

About 831 Centinela Avenue

Fourplex on Large 15,400-SF Lot in North Inglewood | Desirable Owner-User Opportunity - Spacious 2-Bedroom/1.75-Bathroom House with Bonus Room/Office, Expansive Yard & Washer/Dryer-Hook-Ups | Large Lot & Ample Garages Present an Opportunity to Add Up to 5 ADUs (Buyer to Verify) or Redevelop the Property into a 14-Unit Apartment Building (Buyer to Verify) | Exempt from Inglewood's Local Rent Cap Subject to AB 1482 Only | Located Approximately 1.5 Miles from SoFi Stadium & The Forum and 2 Miles from Intuit Dome | New Roofs | Updated Electrical | 4.17% Current Cap Rate & 14.59 Current GRM | 6.06% Pro-Forma Cap Rate & 11.36 Pro-Forma GRM | Newly Painted & Exterior Touch-Ups to Enhance Property Curb Appeal | Total of 6 Garages | Ample Outdoor Space for Tenants | Centrally Located Near Hollywood Park, YouTube Theater, Metro Rail, SpaceX, Tesla, LAX Airport & the Inglewood Transit Connector Project

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1954
Stories
1
Living area
2,991 sqft
Price / sqft
$433
Lot
0.3535
Original price
$1,295,000
MLS #
26994483

Interior

Features
Washer
Appliances
Washer

Exterior & lot

Features
Parking spaces: 6
Construction
1
Lot
INR3*
Parking
Garage
Garage spaces
6

Schools

District
Inglewood Unified School District

Financial

Parcel
4016001016
Special conditions
Standard

Location

Area
101 - North Inglewood
County
Los Angeles
Neighborhood
North Inglewood
Directions
East of La Brea Avenue, North of Plymouth Street, South of Hillsdale Street, West of Hyde Park Boulevard

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Listed by Jonathan Nikfarjam, Shield CRE, Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.