418 Centinela Avenue,  Inglewood CA, 90302 (Residential Income)

2,212 sqft
Status: Sold
MLS#: SB16137802
Skip Slideshow
Last Updated: 12/3/2016 5:23 PM
Description for 418 Centinela Avenue Inglewood, CA 90302
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)
Price
Sold Price:
$630,000
Sold Date:09/30/2016
Los Angeles
2,212 (approx)
SB16137802
Closed
Description
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 Information
Property Type: Cluster, Other
0.18 Acres 812,600 sq.ft. 2,212 (approx)
$284.81 1950
Water Softener
2 Total
Neighborhood
Room Information
Laundry Area
Interior Features
Dryer, Washer
Hardwood, Carpet and Other
Exterior / Lot Features
3 Parking Spaces, Assigned Parking Space
Curbs Walk, Urban
Driving Directions
From 405 Freeway, go east on Florence Blvd. Turn Left on Centinela Ave. Property is on LHS Cross Streets: Florence/Centinela
Financial Considerations
4015009004
$42,600 Income ,$14,165Expense
Listing Price History

Inglewood Real Estate

Inglewood is located in California. Inglewood, California 90302 has a population of 110,225.

The median household income in Inglewood, California 90302 is $44,558. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Inglewood 90302 is 33 years.

Loading nearby sales and history ...
Courtesy: Keller Williams Realty Maeve Cummings
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time
Nearby homes for sale
Recent sales nearby