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1412 Centinela Avenue

Inglewood, CA 90302
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Bed 12

Bed

Bath 14

Bath

SqFt8,862

Sqft

SqFt11,992

Sqft(Lot)

We are pleased to present 1408-1412 Centinela Avenue, a 12-unit multifamily investment opportunity in Inglewood, comprised of two buildings on a single 11,992 SF parcel totaling approximately 8,862 SF of gross building area. The property was built in 1958. A diverse unit mix of nine one-bedrooms, one two-bedroom/one-bath, one two-bedroom/two-bath, and one three-bedroom/two-bath appeals to a wide range of renter profiles and supports consistent leasing activity across unit types. The property offers controlled access through a shared gate serving both buildings, providing a layer of security that is attractive to prospective tenants. The property is also separately metered for gas and electric. In-place ancillary income is generated through on-site laundry and storage rentals, with notable upside available by leasing additional storage space to tenants that is not currently being monetized. Select units feature wall AC units and in-unit washer and dryer hookups, amenities that are uncommon at this price point and support strong tenant retention. Rear detached garages present a potential ADU conversion opportunity, offering a future owner the ability to add units and increase density on the site (buyer to verify). Offered at $2,500,000 ($208,333/unit, $282.10/SF), reflecting a 6.41% current cap rate and 9.23 GRM on in place income. Located in Inglewood, a submarket that has seen sustained investment and redevelopment activity in recent years, supporting long-term demand for well-located rental housing.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,500,000

AD Id : 88637509

MLS Id : 26866587

Beds : 12

Lot Size : 11,992 Sqft

Living Area Size : 8,862

Year Built : 1958

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 14
  • Heating & Cooling

    Heating: None Cooling: None

  • Building Information

    Year Built: 1958
    Building Area Total: 8862
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 11992 Lot Size Acres: 0.2753 Lot Size Source: Estimated Lot Size Square Feet: 11,992

  • Listing Price Information

    Listing Price: $2500000

  • Tax Information

    Parcel Number: 4001021021

  • Location Information

    Direction: Centinela Avenue just west of N Acacia St
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1130 E 66th Street, Inglewood, CA, 90302 $1,050,000 4 2 1,584 1,584 SqFt
1008 Long, Inglewood, CA, 90302 $625,000 2 1 678 678 SqFt
1010 E 67th Street, Inglewood, CA, 90302 $1,250,000 6 5 3,280 3,280 SqFt
924 N Chester Avenue, Inglewood, CA, 90302 $850,000 4 -- 1,633 1,633 SqFt
914 Alpha Street, Inglewood, CA, 90302 $949,000 4 2 1,440 1,440 SqFt
826 E 65th Street, Inglewood, CA, 90302 $749,500 4 3 1,624 1,624 SqFt
900 E Alpha Street, Inglewood, CA, 90302 $1,100,000 -- -- 2,162 2,162 SqFt
900 E Alpha Street, Inglewood, CA, 90302 $1,100,000 3 2 2,162 2,162 SqFt
1109 N Chester Avenue, Inglewood, CA, 90302 $724,900 3 2 1,000 1,000 SqFt
710 Stepney Street, Inglewood, CA, 90302 $499,000 1 1 561 561 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/20/2026 @ 19:46

MLS: 26866587 LISTED BY: Neema Ahadian, Marcus & Millichap 310-909-5500 SOURCE: CRMLS

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