Inglewood, CA 90302,850 Centinela Avenue
Inglewood, CA 90302,850 Centinela Avenue
Inglewood, CA 90302,850 Centinela Avenue
Inglewood, CA 90302,850 Centinela Avenue
Inglewood, CA 90302,850 Centinela Avenue
Inglewood, CA 90302,850 Centinela Avenue
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$2,225,000

$2,150,000

3.5%
Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

0.27 Acres Lot


SOLD DATE : 11/21/2024

Key Details

Sold Price $2,225,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24185401

Sold Date 11/21/24

Bedrooms 3

HOA Y/N No

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
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 Inglewood (90302)

Zoning Assessor

Building

Lot Description Sidewalks

Story 1

Level or Stories 1 Story

Others

Monthly Total Fees $2, 403

Space Rent $176,602

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Rules Manager • Henry Liao
Bought with Lyon Stahl Investment Real Estate, Inc.
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