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Sold for $2,225,000
  • Listed by: Henry Liao • Henry Liao • Contact: 310-968-7871
    Bought with: Lyon Stahl Investment Real Estate, Inc.
    $2,225,000

    850 Centinela Ave, Inglewood, CA 90302

    10beds
    8baths
    5,844sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $1,221,400 Zestimate®
    $381/sqft
    $2,663 Estimated rent

    Home value

    $1,221,400

    $1.10M - $1.37M

    $2,663/mo

    Zestimate® history
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    What's special

    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 laundry facility Exceptionally well-maintained asset New Roof 2023 New heater for all units 2022 Newer windows and stuccos Total twelve (12) onsite parking spaces six (6) garages with total of eight (8) garaged parking space & four (4) exterior parking spaces + possible 4 more parking space 3 out of 8 units has been fully remodeled 902 Centinela #1, remodeled in 2021 902 Centinela #2, remodeled in 2021 850 Centinela #4, remodeled in 2023

    Zillow last checked:

    Listing updated:

    Listed by:

    Henry Liao DRE #01921495 310-968-7871,

    Henry Liao

    Bought with:

    Robert Sillman, DRE #02145409

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB24185401MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 8
    Heating
    • Wall Furnace
    Appliances
    • Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Has fireplace: Yes
    • Fireplace features: Bath, Gas, Kitchen, Living Room
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 5,844
    • Total interior livable area: 5,844 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage
    • Garage spaces: 8
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.27 Acres
    • Features: 6-10 Units/Acre
    Details
    • Additional parcels included: 4014031028
    • Parcel number: 4014031030
    • Zoning: INR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Private
    • Utilities for property: Electricity Available, Electricity Connected
    Green energy
    • Energy efficient items: Appliances, Windows

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks, Urban
    Location
    • Region: Inglewood

    Financial & listing details

    • Price per square foot: $381/sqft
    • Tax assessed value: $1,150,000
    • Annual tax amount: $15,973
    • Date on market: 9/17/2024
    • Cumulative days on market: 13 days
    • Listing terms: Cash to New Loan
    • Inclusions: All Applicance
    • Total actual rent: 168901
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    11/21/2024Sold$2,225,000+3.5%$381/sqft
    Source: CRMLS #SB24185401 Report a problem
    10/1/2024Pending sale$2,150,000$368/sqft
    Source: CRMLS #SB24185401 Report a problem
    9/17/2024Listed for sale$2,150,000$368/sqft
    Source: CRMLS #SB24185401 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,973 +314%$1,150,000 +397.9%
    2024$3,858 +1%$230,962 +2%
    2023$3,821 -1.3%$226,434 +2%
    2022$3,870 +0.9%$221,995 +2%
    2021$3,835 +3.8%$217,643 +1%
    2020$3,694 $215,412 +2%
    2019$3,694 +5%$211,189 +2%
    2018$3,518 $207,049 +2%
    2017$3,518 +2.7%$202,990 +2%
    2016$3,425 +3.2%$199,010 +1.5%
    2015$3,318 +0.6%$196,022 +2%
    2014$3,297 $192,184 +2.5%
    2012-- $187,566 +2%
    2011-- $183,889 +0.8%
    2010-- $182,516 -0.2%
    2009-- $182,951 +2%
    2008-- $179,365 +2%
    2007-- $175,849 +2%
    2006-- $172,402
    2005-- $172,402 +4%
    2004-- $165,708 +1.9%
    2003-- $162,672 +2%
    2002-- $159,484 +4%
    2000-- $153,293
    Find assessor info on the county website

    Neighborhood: 90302

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,221,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,221,400