831 Centinela Avenue, Inglewood, CA 90302

$1,295,000
5
BD
5
BA
2,991
SqFt

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List Price
$1,295,000
Status
ACTIVE
MLS#
26994483
Year Built
1954
Bedrooms
5
Bathrooms
5
Living Sq. Ft
2,991
Lot Size
15,400
Acres
0.35
Days on Market
1
Property Type
Multifamily
Stories
One Level, Two Levels

Property Description

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

Additional Information

Appliances
Washer
Garage Spaces Total
6
Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: Jonathan Nikfarjam (jonathan@shieldcre.com) from Listing Office: Shield CRE, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.