1412 Centinela AVE, Inglewood, CA 90302
1412 Centinela AVE, Inglewood, CA 90302
1412 Centinela AVE, Inglewood, CA 90302
38
See all 38 photos
$2,500,000
Est. payment /mo
Save
12 Beds
14 Baths
8,862 SqFt
New

1412 Centinela AVE Inglewood, CA 90302

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Herb Rim

Herb Rim

+1(818) 699-9179

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,862 sqft

Price per Sqft $282

MLS Listing ID 26866587

Bedrooms 12

HOA Y/N No

Year Built 1958

Lot Size 0.275 Acres

Property Description

We are pleased to present 1408-1412 Centinela Avenue, a 12-unit multifamily investment opportunity in Inglewood, comprised of two buildings on a single 11,992 SF parcel totaling approximately 8,862 SF of gross building area. The property was built in 1958. A diverse unit mix of nine one-bedrooms, one two-bedroom/one-bath, one two-bedroom/two-bath, and one three-bedroom/two-bath appeals to a wide range of renter profiles and supports consistent leasing activity across unit types. The property offers controlled access through a shared gate serving both buildings, providing a layer of security that is attractive to prospective tenants. The property is also separately metered for gas and electric. In-place ancillary income is generated through on-site laundry and storage rentals, with notable upside available by leasing additional storage space to tenants that is not currently being monetized. Select units feature wall AC units and in-unit washer and dryer hookups, amenities that are uncommon at this price point and support strong tenant retention. Rear detached garages present a potential ADU conversion opportunity, offering a future owner the ability to add units and increase density on the site (buyer to verify). Offered at $2,500,000 ($208,333/unit, $282.10/SF), reflecting a 6.41% current cap rate and 9.23 GRM on in place income. Located in Inglewood, a submarket that has seen sustained investment and redevelopment activity in recent years, supporting long-term demand for well-located rental housing.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INC2YY

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features None

Total Parking Spaces 12

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4001021021

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Neema Ahadian Marcus & Millichap #01346750

Go tour this home

1412 Centinela AVE

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Herb Rim

Herb Rim

Realtor | License ID: 01870707

+1(818) 699-9179

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Herb Rim, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Experience Matters

Our team offers expert guidance and personalized service to make buying, selling, or investing in property smooth and stress-free. With deep market knowledge and a commitment to clear communication, we focus on achieving your real estate goals efficiently and effectively.

Trust

the best

  • 100
    Homes for Sale
  • $100000
    Sales Price
  • 100
    Total Listings
  • $100000
    Average Listing Price
};