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    917 Centinela Ave

    Inglewood, CA 90302
    • $1,999,999
    • STATUS: Active
    • ON SITE: 52 days
    • MLS #: 21-678616
    UPDATED: 184 min ago
    $1,999,999
    • 10
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,397
      SQFT
    • $371
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    PRICE REDUCED $101,000!! Current CASH ON CASH Return is 5% day 1! 917 Centinela Avenue is an 8-unit investment property located in Inglewood, California. With the LA RAMS brand new Sofi Stadium, LA Clippers Arena, and Hollywood Park all located within close proximity, this provides a futuristic economic outlook for the metro specifically. The property is conveniently located within walking distance from Ralphs, Starbucks, and several other quick service restaurants and less than a 5 minute drive to the 405 freeway. This property boasts an above average 90 walk score and has an ideal and diverse unit mix of two bedroom, one bedroom, and studio floor plans. For an investor looking for immediate strong cash flow, a well located property, and an opportunity to raise rents by renovating units, this makes for a strong investment.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-04T23:42:27.877. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.markwiseproperties.com/homes/113180662
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    917 Centinela Ave Inglewood, CA 90302

    • Price: $1,999,999
    • Status: Active
    • Updated: 184 min ago
    • MLS #: 21-678616
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,397
    SQFT
    $371
    $/SQFT
    1960
    Built
    Neighborhood:
    North Inglewood
    County:
    Los Angeles
    Area:
    North Inglewood
    Property Description
    PRICE REDUCED $101,000!! Current CASH ON CASH Return is 5% day 1! 917 Centinela Avenue is an 8-unit investment property located in Inglewood, California. With the LA RAMS brand new Sofi Stadium, LA Clippers Arena, and Hollywood Park all located within close proximity, this provides a futuristic economic outlook for the metro specifically. The property is conveniently located within walking distance from Ralphs, Starbucks, and several other quick service restaurants and less than a 5 minute drive to the 405 freeway. This property boasts an above average 90 walk score and has an ideal and diverse unit mix of two bedroom, one bedroom, and studio floor plans. For an investor looking for immediate strong cash flow, a well located property, and an opportunity to raise rents by renovating units, this makes for a strong investment.
    Exterior Features

    Lot Size Area 7587 Other Structures None Parking Garage None Total Parking 6

    Interior Features

    Baths Total 7.00 Cooling None Equipment None Heating Wall

    Property Features

    Assessed Total Value 942815 Gross Income 149356 Gross Operating Income 148156 Like Units1 3 Like Units2 2 Like Units3 3 Net Operating Income 101918.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 47438 Type Of Units Multifamily Year Built Source Assessor Zoning Inr3*

    Listing provided courtesy of Jonathan Weir DRE#02038545 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-04T23:42:27.877. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Mark Wise | Bennion Deville Homes
    71691 Highway 111
    Rancho Mirage CA, 92270