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    917 Centinela Avenue

    Inglewood, CA 90302
    • $1,999,999
    • STATUS: Active
    • ON SITE: 96 days
    • ID#: 21678616
    Price Reduced
    UPDATED: 72 min ago
    $1,999,999
    • 0
      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 California Regional Multiple Listing Service, Inc. as of 2021-04-18T19:25:54.643. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zember Realty Group. Licensed in the State of California, USA.
    www.zemberrealtygroup.com/homes/113182325
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    917 Centinela Avenue Inglewood, CA 90302

    • Price: $1,999,999
    • Status: Active
    • Updated: 72 min ago
    • ID#: 21678616
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,397
    SQFT
    $371
    $/SQFT
    1960
    Built
    Neighborhood:
    101 - North Inglewood
    County:
    Los Angeles
    Area:
    101 - 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

    Parking Features None Parking Total 4

    Interior Features

    Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Garage YN Yes Gross Income 149356 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 101918 Senior Community YN No Special Listing Conditions Standard Zoning Inr3*

    Listing provided courtesy of Jonathan Weir of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-18T19:25:54.643. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zember Realty Group. Licensed in the State of California, USA.
     
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