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Key Details
Sold Price $2,225,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,844 sqft
Price per Sqft $380
MLS Listing ID CRSB24185401
Sold Date 11/21/24
HOA Y/N No
Year Built 1955
Lot Size 0.274 Acres
Acres 0.27
Property Description
Henry Liao is proud to present 850 & 902 Centinela Ave, Inglewood, California. This well-maintained, newly improved, exceptional turnkey investment opportunity consists of side by side Two (2) - four plex unit apartment buildings in the city of Inglewood. The buildings are identical in size and are effectively are mirror images. The buildings were constructed in 1955 and are each located on separate assessors' parcels, with combined building size of 5,844 SF and total 11,990 SF lot sizes. Each four plex consists of one (1) 2 bed/1 bath unit, and three (3) 1 bed/1bath units. The units are larger than other similar units in this area. The property also has four (4) outdoor parking spaces and four (4) single garage, and two (2) double garage parking spaces for a total of twelve (12) parking spaces. This a part of the investment portfolio includes 811 Centinela, Inglewood CA, 90302. 850 & 902 buildings are located on a separate assessors’ parcel, these units meet the criteria for buildings consisting of 1-4-unit or less pursuant to the City of Inglewood's rent control Ordinance. Assumable Loan until 05/2027 @ 3.58% Large rent upside potential Potential of additional 2 ADU Highly desirable area in Inglewood Great unit mix of (2) 2-bed/1 bath and (6) 1 bed/1 bath units On site laundr
Location
State CA
County Los Angeles
Area Listing
Zoning INR3
Interior
Heating Wall Furnace
Fireplace No
Laundry Community Facility, Gas Dryer Hookup, Other
Building
Sewer Public Sewer
Water Private
New Construction No
Others
Tax ID 4014031030
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Bought with RobertSillman