Property Listing No Longer Available for Sale

1130 Centinela Ave, Inglewood, CA

Others for Sale - $435,000

Property Info

  1130 Centinela Ave
  Inglewood CA 90302
UpdatedApril 24th, 2016

Property Description

Investor's Delight! DO NOT DISTURB TENANTS. This great Mixed Use property is centrally located in La Tijera Village. 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 noise. Zoned C2, this property is 100% occupied, with steady cash flow. It has 2 longterm retail/office units in front. Beauty Salon and Legal Services A residential2 bed/one bathrooms + shower room unit backs up on the office units. 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. 1mi away from new Metro light rail station that is being built at La /Florence, and proposed redevelopment of the nearby Fairview Heights area. Under ten GRM on current rents, with a Cap Rate of 6. 7. If you prefer a live/work combination, add your signature style and make this your home. No more commute, walk to work.<br />

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