For Sale

Listed by Jonathan Nikfarjam from Shield CRE, Inc.

Source: Combined LA Westside Multiple Listing Service, Inc #26994483

831 Centinela Avenue, Inglewood, CA, 90302

$1,295,000

5
5
6
2991 sq. ft.
15400 sq. ft.

Other

•

2 days on the market

What's around 831 Centinela Avenue

About this property

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

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