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831 Centinela Avenue

Inglewood, CA 90302

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

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

Features and Additional Information

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$1,295,000 Active
2,991 sqft
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Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
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Brokerage
Shield CRE, Inc.
1-310-593-9869
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Area Information

101 North Inglewood | Los Angeles County |

$ 1,295,000
This listing is play_arrow 86.5% higher than the average in the area
$ 694,450 in the area
2,991 SqFt
This listing is play_arrow 201.5% larger than the average in the area
992 SqFt in the area
$ 433 $/SqFt
This listing is play_arrow 38.2% less than the average in the area
$ 700 $/SqFt in the area
34 days on site
This listing is play_arrow 54.1% below the average in the area
74 days on site in the area

Schools in the Area

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Listed By Jonathan Nikfarjam
Brokerage: Shield CRE, Inc.

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