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5-Bedroom Residential Income - 831 Centinela Avenue, Inglewood, CA

$1,295,000

831 Centinela Avenue, Inglewood, CA

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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

Property details

Bedrooms
5
Bathrooms
5
Square feet
2,991
Year built
1954
Property type
Residential Income
Lot size
15,400 sqft

Location

831 Centinela Avenue • Inglewood, CA 90302

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Listed by

Jonathan Nikfarjam · Shield CRE, Inc.

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