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418 Centinela Avenue, Inglewood, CA 90302

Property · 3 recorded sales since 2012

418 Centinela Avenue, Inglewood, CA 90302 Sold September 2016 CRMLS
$630,000Sold September 2016

Listing Agent: Maeve Cummings (DRE #01963513) · Listing Office: Keller Williams Realty · Contact: 310-375-3511 · Bought with: Kevin Kretzmer · Lyon Stahl Investment RE, Inc. · MLS #SB16137802 · Source: CRMLS

8,126 sqft
Lot Size
1950
Year Built
Property
Type
1
Stories
0
Garage

About this property

Attention Investors and Owner Occupants! Great, income producing duplex on a prime Northwest Inglewood R3 lot. Front unit has four bedrooms (Tax roll, 6), and a large den/family room/second kitchen/laundry room. (This was once a third unit, but was not permitted, so previous owner joined the two units together.) The rear unit has 1 bed/1bath. Units are separately metered for gas and electricity. Front unit has new hardwood flooring, carpet and paint. Kitchen in the rear unit has been recently remodeled. Rear unit also has new electric panel. This property is adjacent to the magnificent Edward Vincent Jr. Park, and within walking distance of new Metro Station and soon to be redeveloped Downtown Inglewood. So many investor options here: 1. Collect the rent from the existing duplex. 2. Make alterations to the large front unit to create a permitted triplex. 3. Hold for a few years until the Metro station opens, and build a high-end, new 3-6 unit property on the site. The two lots to the north of this property have already been redeveloped as 3-6 unit properties. (Check with City of Inglewood for requirements)

Listing description from the September 2016 sale, as reported to CRMLS.

Sale history

$630,000
Sold September 2016 · listed $649,000, on market June 2016 · MLS #SB16137802 · Source: CRMLS
Listing Agent: Maeve Cummings · Listing Office: Keller Williams Realty · Contact: 310-375-3511 · Bought with: Kevin Kretzmer · Lyon Stahl Investment RE, Inc.
$475,300
Sold June 2015 · listed $499,000, on market February 2015 · MLS #SB15041751 · Source: CRMLS
Listing Agent: Gustavo De Jesus Lopez · Listing Office: Berkshire Hathaway Home Srvs · Contact: 323-572-5752 · Bought with: Gustavo De Jesus Lopez · Berkshire Hathaway Home Srvs
$350,000
Sold July 2012 · on market May 2012 · MLS #12598315 · Source: CRMLS
Listing Agent: Leo Nordine · Listing Office: Leo Nordine Realtors · Contact: 310-379-8800 · Bought with: Gustavo De Jesus Lopez · Prudential California Realty
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