917 Centinela Ave, Inglewood, CA 90302

$1,999,999
10
BD
7
BA
5,397
SqFt
Sold Price
$1,999,999
List Price
$1,999,999
Closing Date
May 17, 2021
MLS#
21-678616
Status
SOLD
Type
Multifamily
Bedrooms
10
Bathrooms
7
Living Area
5,397

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 short 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.

Additional Information

Year Built
1960
Garage
None

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Marcus & Millichap, Jonathan Weir. Selling Office: .

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