Inglewood, CA 90302,335 339 Centinela AVE
Inglewood, CA 90302,335 339 Centinela AVE
Inglewood, CA 90302,335 339 Centinela AVE
Inglewood, CA 90302,335 339 Centinela AVE
Inglewood, CA 90302,335 339 Centinela AVE
Inglewood, CA 90302,335 339 Centinela AVE
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$1,500,000

$1,695,000

11.5%
Est.Price: ?

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Est. payment /mo

0.31 Acres Lot


SOLD DATE : 03/29/2024

Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24024578

Sold Date 03/29/24

HOA Y/N No

Year Built 1940

Lot Size 0.310 Acres

Property Description

**335 Centinela Ave must be sold together with 339 Centinela Ave and 434 Warren Ln for a combined price of $1,695,000.**
We are to present 335-339 Centinela Ave & 434 Warren Ln, Inglewood. This is a rare development opportunity to purchase three contiguous lots on separate parcels in the most desirable Northwest pocket in Inglewood for $125/SF of land. The combined lot size is 13,493 sq ft zoned MU-C in the Downtown & Fairview Heights TOD Zone. MU-C zoning has an array of allowable uses (see OM) with a maximum height of 4 stories or 55 feet with a 20% eligible height bonus.* 335 Centinela is a duplex consisting of (2) 1-bed/1-bath units, 339 Centinela is also a duplex with (2) 1-bed/1-bath units, and 434 Warren Ln is a 1-bed/1-bath SFR with (5) 1-car garages detached from the house. The monthly gross income for all units is $6,234 and four of the five tenants are on month-to-month leases. These sites are located less than half a mile from the Downtown Inglewood Metro Station (K Line) and in close proximity to The Forum, SoFi Stadium, and the Intuit Dome (2024 est. completion). 335-339 Centinela Ave & 434 Warren Ln present an opportunity for investors to add value through renovations/ADU construction or for builders to take advantage of the desirable MU-C zoning and benefit from the rising tide of large-scale developments in Inglewood.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INC3YY

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description Lawn

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4015014002

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc. • 949-933-1112
Bought with Larson Harley • Lyon Stahl Investment Real Estate, Inc.
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+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

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