Price
$ 435,000
Pending

1130 Centinela Avenue, Inglewood, CA 90302  

1130 Centinela Avenue, Inglewood, CA 90302  

Investor's Delight! DO NOT DISTURB TENANTS.This great Mixed Use property is centrally located in La Tijera Village, Inglewood. High traffic count, and excellent visibility, are great for commercial use portion of the property. Residential portion sits behind the stores and is away from street noise.Zoned C2, this property is 100% occupied, with steady cash flow. It has two long-term retail/office units in front.(Beauty Salon and Legal Services) A residential 2 bed/1 bath + additional shower room, backs up on the office units. The rear unit is currently a residential space (no permit) and needs to be converted back into a two car garage and large storage room. Buyer to verify the size of the buildings.This fixer has lots of upside potential for the savvy investor. NO RENT CONTROL. Currently master metered. Nearby properties are being revitalized. 1 mile away from new Metro light rail station that is being built at La Brea/Florence, and proposed redevelopment of the nearby Fairview Heights area.Under 10 GRM on current rents, with a Cap Rate over 5.If you prefer a live/work combination, add your signature style and make this your home. No more commute, walk to work!

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Listing Type
Multi-Family
Listing ID
SB15254576
Listing Status
Contract Pending
Year Built
1926
County
Los Angeles
Units
4
Taxes
4452.0
TaxID
4002017005
TaxYear
2015
Listing courtesy of Maeve Cummings~Keller Williams Realty
Price History
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Date Event Change Price
4/18/2016 Price change $-15,000 (-3.3%) $435,000
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    Listing Information Provided By:
    RE/MAX ESTATE PROPERTIES
    402 Main St El Segundo, CA 90245 | Phone: (310) 322-1425
    RE/MAX ESTATE PROPERTIES is licensed in the state of California CalBRE License #: 01879720
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.